Medicare Spending Cuts Could Lead to Job Loss of More Than 760,000 by 2021

The American Hospital Association, American Medical Association, and the American Nurses Association report that up to 766,000 healthcare and related jobs could be lost by 2021 as a result of the 2 percent sequester of Medicare spending required by the Budget Control Act of 2011. According to a study by economic impact firm Tripp Umbach, anticipated cuts in Medicare payments will result in 496,000 jobs jobs lost during its first year. The report also found that the job losses will affect economic sectors beyond healthcare. This is in contrast to the role the healthcare role usually plays. According to The Bureau… Full Story

Morning Rounds (09.07.12)

Dallas officials will mark the ground-breaking of a six-story, $108 million Charles A. Sammons Trauma and Critical Care Tower at Methodist Dallas Medical Center on Sept. 11. Slated to open in 2014, the 248,000-square-foot facility will be completely dedicated to emergency and trauma care.

Patient spending among those seeking treatment for neck and back problems in the U.S. has nearly doubled since the late 1990s, with the bulk majority of spending in medical specialist care.

The American Heart Association reports that patients are more likely to survive cardiac arrest when longer resuscitation attempts are implemented. Revival rates were 12 percent higher at hospitals with median resuscitation times of 25 minutes, as opposed to hospitals treating for a median of 16 minutes.
The Institute of Medicine has released a report calling for a better healthcare system, in light of recent science and technological advances. An 18-member expert committee released its 382-page report, “Best Care at Lower Cost: The Path to Continuously Learning Health Care in America.” Here’s a synopsis.

Full Story

Morning Rounds (08.28.12)

A growing healthcare client base is sparking a hiring spree at Irving-based Aegis. The global outsourcing services company is adding 1,080 jobs at its Irving centers.

4G Biometrics and Methodist Richardson Medical Center are among the winners of the Metroplex Technology Business Council’s 2012 Tech Titans awards. UTA’s Dr. Mario Romero-Ortega and UTD’s Robert L. Robb also were among those honored. Here’s a complete rundown.

With the recent landmark Supreme Court decision, it’s no surprise that John Roberts, Chief Justice of the United States, ranked No. 1 on Modern Healthcare’s 2012 “100 Most Influential People in Healthcare” list. Three local CEOs also made the list. Find out who.

Southlake and Flower Mound have voted to approve aerial spraying to combat West Nile Virus. Denton, Carrollton, and Coppell are among the Denton County cities opting out. Here’s where things currently stand. Full Story

Texas Healthcare Workforce Expected To Jump 37 Percent by 2020

The Texas healthcare workforce will grow by more than a third this decade, according to a report by Georgetown University’s Center on Education and Workforce. The 37 percent healthcare job growth rate outpaces the projected 26 percent growth rate for all other jobs in the Lone Star State. In raw numbers, the growth equates to 438,710 job openings from 2010 to 2020. Texas will have the third-fastest growing healthcare workforce, trailing only Utah and Georgia. The U.S. will create 5.6 million new healthcare  jobs by 2020, and most will be high paying and require post-secondary education. In an interview, lead… Full Story

Morning Rounds (08.01.12)

Texas has the country’s lowest physician-to-patient ratio. UNT Health Alliance Clinic hires one of few physical therapists in Tarrant County who treats pelvic problems in both men and women. Dallas is one level away from citywide mosquito spraying to prevent West Nile. Beginning today, Parkland’s Youth and Family Centers will offer expanded hours of operation. Top 21 code reasons  for denied claims, as compiled by RemitDATA.