Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

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Royal Philips completes purchase of Carestream Health’s health IT business

Royal Philips has completed its purchase of Carestream Health’s healthcare information solutions business, a deal first announced back in March.  

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The 10 best hospitals for cardiology, heart surgery in the US

The Cleveland Clinic in Cleveland, Ohio, topped this year’s U.S. News & World Report’s list of the best hospitals for cardiology and heart surgery in the country, published at the end of July.

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NIH awards $47M for imaging study investigating lifestyle changes and brain health

The U.S. National Institute on Aging (NIA) has awarded a five-year $47 million grant to the University of California, Berkeley to incorporate imaging into an ongoing study investigating whether lifestyle changes can help protect against dementia.

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Circulation journal names new editor-in-chief

Chris Semsarian, PhD, MPH, has been announced as the newest editor-in-chief of the American Heart Association’s journal Circulation: Genomic and Precision Medicine.

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‘Emotional AI’ helps plastic surgeons give service lines a facelift

Plastic surgeons can apply “emotional AI” algorithms to social media as a way of predicting which specific services will bring in business, according to a study running in the August edition of Plastic and Reconstructive Surgery.

Going up: ANSTO announces price increase for medical isotopes

The Australian Nuclear Science and Technology Organization (ANSTO) is raising its prices, according to a new report from The Australian.

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Patient deaths, battery failures push recall of Cardiosave intra-aortic balloon pumps

Maquet and Datascope issued a nationwide recall of 22,853 intra-aortic balloon pumps July 23 following reports of five patient deaths and numerous battery failures.

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Bill Nelligan, 27-year CEO of the ACC, dies at 92

The American College of Cardiology this week announced that William D. Nelligan, III, CAE, FACC, passed away July 23 in Rockville, Md. Nelligan was a longtime leader of the ACC and was affiliated with the College for nearly three decades.