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.

Rand releases bracing analysis of hospital prices; AHA repudiates approach, methodology
The Rand Corporation is reporting that, in 2022, employers and private insurers paid hospitals an average 254% more than what Medicare would have spent for the same services in the same facilities.
Investor-backed Outpatient Imaging Affiliates inks deal to open academic center’s 1st freestanding site
UConn Health has seen “unprecedented growth” in patient volumes and hopes the facility will minimize wait times while cutting costs for patients.
Patient advocacy groups urge Congress to create pathway for CMS to cover AI in radiology
As of Monday, the FDA has OK'd nearly 900 AI-enabled medical devices, but CMS has only assigned payment for about 10 of them.
Almost 80% of knowledge workers bring their own GenAI to work
Around the world, 3 of 4 workers who routinely handle information are now using generative AI on the job. And almost half of them are new to the technology, having begun using it only over the past half-year.
Siemens Healthineers investing $314M to build new MRI manufacturing facility
This is the first major production site for the company's DryCool technology, which drastically reduces the amount of helium required for magnetic resonance imaging.

Radiology the only category to see year-over-year decrease in insurers’ max allowed amount

Transparency firm Fair Health recently analyzed data around this key figure, which represents the highest amount a plan will pay for a covered service.

March 26, 2024

doctor comparing the costs of different medical treatments

TAVR is often more cost-effective than SAVR—but not always

Average lengths of stay and common complications are just some of the factors care teams should consider when evaluating the costs of aortic valve replacement.

March 26, 2024

Judge declines to toss radiologist’s lawsuit alleging age discrimination led to her firing

Septuagenarian Claire Hanley, MD, first sued the country’s largest municipal health system in 2019 after she was replaced by someone 30 years younger.

March 26, 2024

nCommand Lite remote scanning GE Healthcare Ionic

GE HealthCare touts FDA clearance of solution that allows technologists to scan remotely

The offering is from Ionic Health, which is based in São Paulo, Brazil, where the company has already tested the technology for three years.

March 25, 2024

Radiologists voice support for lawsuit against Biden administration

The American College of Radiology, American College of Emergency Physicians and American Society of Anesthesiologists want a court of appeals to uphold a recent ruling.

March 25, 2024

Novo Nordisk to acquire biotech company working on new heart failure drug for $1.1B

Cardior Pharmaceuticals in Germany has been developing a new compound it says can “halt and partially reverse cellular pathology” in heart failure patients.

March 25, 2024

‘Undervalued’ UK physicians register discontent over fading ‘purchasing power’

Going by compensation rates and trajectories, these might be the worst of times to be a physician in the United Kingdom.

March 24, 2024

radiologist radiology pay compensation money dollar

Authors in prominent radiology journals fail to disclose $186M in payments from the imaging industry

Nearly 81% of authors failed to report any ties to the industry, experts detailed Saturday in the Journal of the American College of Radiology.

March 24, 2024

Economics

Rand releases bracing analysis of hospital prices; AHA repudiates approach, methodology

Investor-backed Outpatient Imaging Affiliates inks deal to open academic center’s 1st freestanding site

Patient advocacy groups urge Congress to create pathway for CMS to cover AI in radiology

Almost 80% of knowledge workers bring their own GenAI to work

Siemens Healthineers investing $314M to build new MRI manufacturing facility