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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CKD patient slapped with $540K dialysis bill

A 50-year-old personal trainer and his wife, a physician in Plains, Mont., are struggling to afford a hospital bill totaling more than half a million dollars after insurance failed to help cover the man’s critical 14-week dialysis treatment, NBC News reports.

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VIDA Diagnostics, Iowa health system working together on AI solution

VIDA Diagnostics announced Thursday, July 25, that it has received an investment of $1 million and additional support from UnityPoint Health Ventures on behalf of Iowa’s UnityPoint Health healthcare system.

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Blockchain could be the great cost, time saver in healthcare

Healthcare organizations and providers are facing more pressures than ever, from regulatory strains to financial squeezes. Blockchain is one area that can act as a major time and cost saver for healthcare organizations, according to a recent report from JPMorgan Chase.

Insurers reject 2/3 of high-risk PCSK9i candidates

Nearly two-thirds of high-risk patients prescribed PCSK9 inhibitors to lower their risk of familial hypercholesterolemia and ASCVD are rejected coverage for the drugs by their health insurers, a new study alleges.

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University of Chicago to pay $2.6M to settle CV malpractice suit

The University of Chicago has agreed to pay $2.6 million to settle a malpractice lawsuit claiming the actions of its cardiology staff in July 2014 led to the untimely death of a 61-year-old heart patient.

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Precision medicine alliance launches

Siemens Healthineers and the University of Missouri System have teamed up to launch a new initiative to transform healthcare delivery with precision medicine with its Alliance for Precision Health. The alliance will focus on cancer, Alzheimer’s disease, cardiovascular disease and more.

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Lax salt regulations in UK responsible for 9.9K CVD, 1.5K cancer diagnoses

A study out of the U.K. has found that, after the nation’s Food Standards Agency relaxed its sodium content regulations in 2011, Brits saw a simultaneous—and related—rise in cases of cardiovascular disease and stomach cancer.

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Canon Medical Systems, AHRA continue annual Putting Patients First program

Canon Medical Systems U.S.A. is once again partnering with AHRA to support the annual Putting Patients First program, which awards research grants for improving patient care through medical imaging.