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WVU's Deskins discusses Viatris facility closure


By
July 27, 2021 - 11:17 pm
MORGANTOWN, W.Va. With the closure process of the Viatris facility in Morgantown slated to begin Saturday, a leader with West Virginia University’s Bureau of Business and Economic Research says the planned action shows the importance of economic diversity.
Viatris, a company formed following the merger of Mylan Pharmaceuticals and Pfizer subsidiary Upjohn, will close the plant as part of an international business plan. Around 1,400 workers at the Morgantown facility will lose their jobs as a result of the action.
John Deskins (File)
John Deskins, the director of the Bureau of Business and Economic Research, said West Virginia has struggled with low labor participation rates and an image issue. ....

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Hospital price transparency law unlikely to result in competitive prices


EMILY SCHABACKER
A Trump-era law meant to drive down health care costs through increased price transparency is proving ineffective in creating competition between hospitals.
The Centers for Medicare and Medicaid Services (CMS) Hospital Price Transparency rule aims to lift the veil over hidden health care prices by requiring hospitals to publish the price of common health care services. The prices must be publicly available in a “machine readable” spreadsheet, referred to as a chargemaster, of gross charges, discounted rates for those without insurance and payer specific negotiated rates.
The rule also requires hospitals have a consumer-friendly cost estimation tool of standard charges for at least 300 “shoppable” services, or services that can be scheduled in advance such as a knee replacement or a colonoscopy. CMS established 70 required procedures, but the remainder are left up to hospitals to decide its most common procedures. ....

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West Virginia hopes to reverse a decade of decline


DRY FORK, West Virginia — There’s nobody here. Well, almost nobody. This unincorporated community is in a magnificent corner of the world, garlanded by mountains, picturesque farms planted along the road, eight miles from not one but two ski areas and a state park that describes itself as a conference center and resort. Mostly the sounds here are of deep silences. Some 1,085 people live here today. In 1900 — when loggers toiled amid the densely forested hills, a lumber mill sat on Red Creek, the community had its own railroad, and coal mines operated nearby — Dry Fork had a population of 3,224. This is a fortunate part of the state, endowed with stunning beauty, a growing tourist industry and many advantages, including a median family income 10% higher than the rest of West Virginia and a rate of higher education double the state figure. And yet the population has fallen by two-thirds since the days when workers — the gandy dancers, as the men who worked t ....

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