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.

Brain

Price for a brain MRI actually cheaper at for-profit hospitals than their nonprofit counterparts

“My takeaway: Commercial negotiated price reflects hospitals’ market power,” the JAMA study's author told Radiology Business

March 22, 2023
ACC Vice President Cathie Biga explains issues with cardiology reimbursements at ACC23. #ACC #ACC23

Reimbursement challenges raising concerns in cardiology

Cathie Biga, vice president of the American College of Cardiology, spoke to Cardiovascular Business at ACC.23 about challenges in the world of cardiology reimbursements. "As that healthcare dollar goes up, it is not going to the physicians," she said.

March 21, 2023

Intermountain Health launches new biotech company

The aim of the biotech company is to “transform healthcare by providing comprehensive information on patient predisposition to disease, disease prevention and personalized intervention and treatments."

 

March 21, 2023
Airplane

Lawsuit blames teen’s death during flight on defibrillator issue, lack of training

A teenager went into cardiac arrest on an American Airlines flight from Honduras to Miami. He never recovered, and now his family has filed a new lawsuit that blames the airline.

March 20, 2023
Money dollar economics payment

Cardiologists received $1.1B in industry payments in 6 years

Diving deeper into the data, researchers noted that 40.8% of the payments were tied to speaker fees. Another 19% were from consulting fees.

March 20, 2023
Sugar Insulin

California partners with Civica Rx for affordable insulin

The state of California and Civica Rx have penned a 10-year deal to deliver insulin at a reduced rate. The medicines will be available in vials and prefilled pens under the CalRx label. 

March 20, 2023
akumin_square2.jpg

Radiology provider Akumin hampered by ‘unprecedented’ cost inflation, clinical labor shortages

“Despite these challenges, we were able to deliver solid performance and have positioned the business for strong organic growth," said CEO Riadh Zine. 

March 20, 2023
Money dollar investments

Startup focused on heart failure monitoring raises $25M with help from Novo Holdings, Medtronic

The round was led by two new investors, Novo Holdings and Andera Partners. Several existing investors, including Medtronic, also participated.

March 17, 2023