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Friday, July 5, 2019

Economic cost of cancer in U.S. tops $94 billion annually: study

State-by-state variations in cancer deaths suggest effective cancer prevention and treatment could yield economic benefits.
A new study published in JAMA Oncology estimates individuals between the ages of 16 and 84 who died of cancer in the United States in 2015 alone account for over $94 billion in lost earnings. This type of information offers policymakers another way of quantifying the burden of cancer, according to the study’s senior author, Robin Yabroff, Ph.D., senior scientific director of health services research with the American Cancer Society.
“Looking at the number of years that are lost due to premature cancer death gives you a different type of information than just looking at newly diagnosed patients—you’re really getting a sense of what would have happened in the absence of those deaths,” she told FierceHealthcare.
The study also took a more granular look at the data than most previous approaches, allowing researchers to estimate lost earnings both by type of cancer and at a state-by-state level. Lung cancer accounted for the highest number of lost wages at $21.3 billion, or 22.5% of all cases. Among the states, Utah’s $19.6 million in lost wages was the lowest in the country, while Kentucky had the highest losses of $35.3 million.
The differences in lost wages from state to state surprised Yabroff. “I had known that there are differences in mortality rates by state—you do see higher cancer mortality rates in many southern states than you do in other states—but I really thought the magnitude of the differences between states, for example Utah to Kentucky or Missisippi had really big differences in lost earnings.”
A variety of factors likely accounts for the difference in the economic impact of early cancer deaths from state to state, but that doesn’t mean states lack effective means to address the problem. In fact, many of the state-level policies that Yabroff recommends to address cancer risk factors, such as reducing smoking and countering obesity, offer additional benefits as they relate to population health beyond cancer treatment.
Connecting cancer to its economic consequences could also help policymakers better understand the relevance of existing policies that have demonstrated positive results. “There are a number of studies that we’ve conducted evaluating the effects of Medicaid expansion where we’ve found higher prevalence of screening, earlier diagnosis, and reductions in disparities in health insurance coverage,” Yabroff said.

Using the current study’s data as a benchmark could also help to guide future policy decisions. However, Yabroff warns that there could be a gap between the implementation of new policies and a reduction in state-by-state disparities in economic impact because prevention, screening and treatment can take place long before a patient succumbs to cancer prematurely. In essence, that could mean the current disparities have yet to fully reflect state-level policies related to access to care and improved screening. For example, most of the states that have adopted Medicaid expansion did so in 2014 and 2015, so any potential improvement caused by cancer screening would likely show up in future studies.
And while Utah may have the lowest loss of wages relative to other states, Yabroff said it still has opportunities to reduce cancer risk factors by improving screening, access to care and treatment.
“We don’t know how to prevent all cancers, but there are some where we have a sense of what to do, like reducing smoking, improving physical activity and reducing obesity. Those things are definitely associated with increased risk of cancer,” she said.

How Team Trump is keeping drug prices down

At some point, almost all Americans have been stuck with massive, unexpected medical bills or forced to make health decisions without real information or anyone to guide them. We have worked at the highest levels of US health care for years, yet it has happened to both of us.
It’s one reason why President Trump signed an executive order last week to help you easily find the typical price — and what you would actually owe — for major health services before you have to purchase them.
This step is part of a number of efforts underway, across the administration, to fix the problems in American health care, while preserving what works and what Americans like about the system. Most Americans, especially the 240 million on Medicare or employer insurance, like what they have but are concerned about the flaws in the system. Too many fear that they are one bit of bad luck away from crippling medical bills.
The president understands this, which is why he vowed to build on what works and continue fighting to deliver the affordability you need, the options and control you want and the quality you deserve.
What does following through look like? First, the president has been clear: Americans need affordable health care. Patients deserve a backstop against high medical costs, and the government takeover of individual insurance over the past decade has failed to deliver that peace of mind.
The Trump administration has opened new insurance options for American small employers and workers both inside and outside of the individual insurance market, and we continue to protect Americans with preexisting conditions.
Last week, we finalized a new way for Americans to use tax-free contributions from their employer to purchase insurance of their choosing. The president’s executive order will also open up new access to health-savings accounts, which can protect Americans from high medical bills.
We also need to address unaffordable prices in health care. There is already evidence that significant savings can be generated just by giving patients the tools to know prices and shop among providers, which is what the president’s executive order will deliver. Americans should also be allowed to receive more services from lower-priced providers, such as nurse practitioners and physician’s assistants.
The cost of prescription drugs also must keep coming down. The Trump administration has set ­records for approvals of low-cost generic drugs, saving patients $26 billion in just the first year and a half of the president’s term. We have also proposed that backdoor rebates in Medicare Part D, which amounted to $29 billion last year, be delivered directly as discounts to patients at the pharmacy counter — as soon as Jan. 1, 2020.
Second, American patients deserve to be in control, not left at the mercy of a shadowy system. That is the goal of the president’s new executive order: to bring you the pricing information you need to find the right options for you. The president has already ensured you have a right to find out the best possible price for medications from your pharmacist and required drug companies to put their prices in TV ads.
We are also working to give ­patients control over their own health information, allowing them seamless access to their health data through private-sector apps.
Third, we are going to deliver the quality patients deserve. High-quality care means not just cutting-edge treatments but also care that keeps you healthy, rather than only helping when you’re sick.
We launched a major initiative that could connect 10 million or more Medicare beneficiaries to a primary-care provider who will be accountable to them — and paid more when patients stay healthy. The president’s executive order aims to simplify health care quality measures collected by the federal government, so your doctor can focus on keeping you healthy, rather than filling out paperwork.
Putting you in control and providing you with real certainty is a stark contrast to recent proposals for a government takeover of our entire health care system. That leap would leave behind what so many Americans know and like about our system.
President Trump has promised a better vision: a health care system that treats you like a person, not a number. He wants to hold providers and Big Pharma accountable to transparency and reasonable prices. We are working every day to protect American patients and deliver on the president’s vision.
Alex Azar II is the US secretary of health and human services. Joe Grogan is director of the Domestic Policy Council at the White House.

Trump threatens to upend California’s health care plan for undocumented

President Donald Trump blasted Democrats who want to fund health care for undocumented immigrants and criticized California for expanding health coverage to some adults living in the state illegally.
“You look at what they’re doing in California, how they’re treating people. They don’t treat their people as well as they treat illegal immigrants,” the Republican president told reporters in the White House on Monday. “It’s very unfair to our citizens and we’re going to stop it, but we may need an election to stop it.”
Trump did not elaborate about how he intends to stop California from expanding health care options for undocumented immigrants.
The $214.8 billion state budget Gov. Gavin Newsom signed last week makes California the first state to allow undocumented adults to sign up for state-funded health coverage. Many of the Democrats running for president say their health care plans would cover immigrants living in the country illegally.
Starting Jan. 1 2020, California will allow undocumented immigrants under age 26 to enroll in the state’s Medi-Cal program, the state’s health coverage for low-income residents. American citizens were already eligible to sign up for the program, which covers about a third of California residents.
The expansion will cost California $98 million in the upcoming fiscal year.
At a news conference Monday celebrating his first state budget, Newsom, a Democrat, joked about the controversy the Medi-Cal expansion is generating with conservatives.
“To my friends at Fox News, I know we’re keeping you in business,” he said.
He promised to continue expanding health coverage to more undocumented people in future years.
“Universal health care is a right regardless of immigration status,” Newsom said. “I’m going to get the rest of that done, mark my words, and make progress next year and the year after that.”

Healthcare employment by state

West Virginia has the highest healthcare employment as a percent of total employment among the 50 U.S. states, according to data from the U.S. Bureau of Labor Statistics.
The May 2018 data, as compiled by the Kaiser Family Foundation, provides employment estimates in each state. Healthcare employment included ambulatory healthcare services, hospitals and nursing and residential care facilities.
Healthcare employment as a percent of total employment in each state and Washington, D.C.:
Alabama: 12 percent
Alaska: 12 percent
Arizona: 11 percent
Arkansas: 12 percent
California: 10 percent
Colorado: 10 percent
Connecticut: 13 percent
Delaware: 13 percent
District of Columbia: 8 percent
Florida: 12 percent
Georgia: 10 percent
Hawaii: 9 percent
Idaho: 12 percent
Illinois: 11 percent
Indiana: 12 percent
Iowa: 12 percent
Kansas: 11 percent
Kentucky: 12 percent
Louisiana: 13 percent
Maine: 14 percent
Maryland: 12 percent
Massachusetts: 14 percent
Michigan: 13 percent
Minnesota: 13 percent
Mississippi: 12 percent
Missouri: 12 percent
Montana: 13 percent
Nebraska: 11 percent
Nevada: 8 percent
New Hampshire: 12 percent
New Jersey: 12 percent
New Mexico: 12 percent
New York: 13 percent
North Carolina: 12 percent
North Dakota: 12 percent
Ohio: 13 percent
Oklahoma: 11 percent
Oregon: 11 percent
Pennsylvania: 14 percent
Rhode Island: 14 percent
South Carolina: 11 percent
South Dakota: 13 percent
Tennessee: 12 percent
Texas: 11 percent
Utah: 10 percent
Vermont: 13 percent
Virginia: 10 percent
Washington: 10 percent
West Virginia: 15 percent
Wisconsin: 11 percent
Wyoming: 9 percent

HCA buys two dozen urgent-care centers from Fresenius Medical Care

HCA Healthcare purchased 24 MedSpring urgent-care centers from Fresenius Medical Care, the investor-owned hospital chain announced Tuesday.
The urgent-care centers will operate under HCA’s Medical City Healthcare division and be rebranded as CareNow Urgent Care. The acquisition adds eight centers to CareNow’s 37 North Texas locations. In 2018, CareNow and Medical City Children’s Urgent Care clinics served about 10% of the Dallas-Fort Worth population, with more than 770,000 patient visits, HCA said.
“Like many of our communities across the country, Austin, Dallas and Houston are experiencing significant growth, and increasingly people want to be able to access healthcare services closer to where they live and work,” HCA CEO Sam Hazen said in prepared remarks. “The addition of these urgent-care centers will complement our already robust healthcare networks and help us provide more convenient access for our patients.”
Medical City Healthcare has invested more than $1.7 billion over four years in access points, including CareNow urgent-care locations, infrastructure and new technology, HCA said.
With the addition, CareNow will operate 160 urgent-care centers across the country. Terms of the deal were not disclosed.
Investors have targeted urgent care and medical offices, particularly in rapidly growing markets, as the industry pushes for more convenient, affordable care.
The number of U.S. urgent-care centers swelled to 8,774 as of November 2018, up 8% from 8,125 in 2017, according to the Urgent Care Association’s annual report. The number of Medicare and Medicaid patients seeking services at urgent-care centers continues to grow, accounting for nearly 27% of all visits in 2018.
“This acquisition creates more access to the quality healthcare services our community needs, when and where they need them,” Erol Akdamar, president of Medical City Healthcare, said in prepared remarks.
HCA Healthcare reported net income of $3.79 billion on revenue of $46.68 billion in 2018, up from $2.22 billion in net income on revenue of $43.61 billion in 2017.
Same-facility inpatient admissions increased 2.5% during 2018 while same-facility outpatient surgeries rose 1.8%. Outpatient revenue as a percentage of patient revenue remained relatively flat at 38.2%.
The gap between U.S. hospitals’ outpatient and inpatient revenue continued to shrink in 2017, according to the American Hospital Association.

Owens & Minor +6.8% after halt on order imbalance

Owens & Minor (NYSE:OMIadvances 6.8% to $3.30 after trading in the stock resumed.
Trading was halted because of an order imbalance; a block of almost 132K shares were purchased after trading opened five minutes late.
Shares jumped as much as 16% to $3.58, its highest point since May 21, earlier in the session.

Corvus Pharma +9.1% on 16-fold boost in volume

Corvus Pharmaceuticals (NASDAQ:CRVS) is up another 9.1% today, trading on volume that’s more than 16 times its average.
That’s part of recent moves coinciding with increased stakes by members of management as well as the company’s top shareholder, all following information from a Phase 1/1b trial in patients with advanced refractory cancer.
After Tuesday’s close, top shareholder OrbiMed disclosed holdings boosted to a 22.6% stake, and shares rose 25.5% on Wednesday.
That followed purchases last month by CEO Richard Miller and Chief Financial Officer Leiv Lea.
The shares are about 40.5% below their level a year ago, but have risen 90.9% in a week and gained 55.2% over the past month.