Category Archives: Finance

The financial impact of the nationwide nursing shortage: Hospitals pay billions to recruit and retain nurses

by Ilene MacDonald | FierceHealth Oct 23, 2017 5:06pm A new Reuters analysis finds that collectively, hospitals have been paying billions to recruit and retain nurses—offering higher salaries, signing bonuses and even repaying student loans—to address the nationwide nurse shortage. The problem is only going to get worse. With many Baby Boomer nurses set to… Read more »

Anthem Drops Express Scripts (Bloomberg)

The healthcare provider is set to launch its own pharmacy benefits unit by MedPage Today Staff October 18, 2017 After years of speculation, Anthem, Inc. has finally pulled the plug on its partnership with pharmacy benefits management system Express Scripts Holding Co., Bloomberg reports. The news is no surprise to analysts and industry insiders who’ve… Read more »

Why Home Care Costs Too Much

Regulations often require that nurses do simple tasks like administer eyedrops. By Paul Osterman – Wall Street Journal Sept. 12, 2017 6:53 p.m. ET As baby boomers age into long-term care facilities, Medicaid costs will go through the roof. Americans already spend—counting both public and private money—more than $310 billion a year on long-term support services,… Read more »

Opioid Epidemic May Be Keeping Prime-Age Americans Out of the Workforce

New research from Princeton’s Alan Krueger suggests link between falling workforce participation and rising painkiller prescriptions Ben Leubsdorf – The Wall Street Journal New research suggests a significant portion of the post-1990s decline in labor-force participation among Americans in their prime working years could be linked to the opioid epidemic. Conducted by Princeton University economist… Read more »

Trump urges drugmakers to cut ‘astronomical’ prices

by Ilene MacDonald | FierceHealthcareFinance Feb 1, 2017 12:25pm President Donald Trump maintained a pledge he kept throughout his election campaign and told big pharmaceutical companies on Tuesday they must make prescription drugs more affordable. “The U.S. drug companies have produced extraordinary results for our country but the pricing has been astronomical for our country,”… Read more »