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.

Utah Supreme Court paves way for thousands to seek legal action against cardiologist

A Feb. 18 decision by the Utah Supreme Court means that more than 1,000 patients are free to pursue claims against Salt Lake City cardiologist Sherman Sorensen, who’s been accused of performing hundreds of unnecessary PFO and ASD closures.

Thumbnail

Rise in radiologists practicing under private equity warrants further investigation, experts say

This trend comes at a time when Congress is scrutinizing investors' role in care delivery as part of an effort to rein in surprise medical bills. 

Thumbnail

NIH awards $1.4M for radiology, oncology resident research initiative

The grant will go toward the Duke Radiation Oncology and Radiology Stimulating Access to Research in Residency program, which pairs students with professors on the cutting edge of the university's medical research.

Thumbnail

America’s most expensive CV drug needs a 93% price cut

A 92.6% reduction in the list price of tafamidis—an effective but ultimately unaffordable drug designed to treat transthyretin amyloid cardiomyopathy—would be required to make the medication accessible to the average heart patient, researchers reported in Circulation Feb. 12.

Thumbnail

ASTRO receives VA contract to develop cancer therapy quality measures

“This pioneering effort leverages evidence-based guidelines and the consensus of medical experts in a new and powerful way to optimize care for military veterans,” said Theodore L. DeWeese, MD, chair of ASTRO's board.

Thumbnail

330-plus medical organizations urge Congress to reverse proposed $3B cut to NIH budget

The Ad Hoc Group for Medical Research, which includes the American College of Radiology and Society of Nuclear Medicine and Molecular Imaging, is pushing for a bump to the institute's budget.

Thumbnail

Tenet Healthcare agrees to pay $1.4M to settle unnecessary implantation allegations

Tenet Healthcare Corporation and its affiliated Palm Springs, Calif., hospital Desert Regional Medical Center (DRMC) have agreed to pay $1.41 million to the U.S. government to settle False Claims Act allegations that the organization knowingly charged Medicare for unnecessary procedures.

Thumbnail

Cardiologist in legal trouble after failing to diagnose patient’s fatal kidney cancer

A New York appeals court revived a lawsuit Feb. 11 involving a cardiologist who was accused of failing to diagnose a patient’s fatal kidney cancer nearly a decade and a half ago.