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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Finance specialists: In 2024, hospitals and health systems ‘will not be able to cut their way to profitability’

Along with the obvious hits to patient traffic and population health, the COVID-19 pandemic delivered a financial upending to U.S. healthcare. Is it over yet? 

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Bankruptcy bug kept biting healthcare in 2023

Healthcare saw an alarming spike in Chapter 11 filings last year, lengthening a trajectory that started taking shape in mid-2022.

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Only 3% of radiology groups have responded to crucial AMA survey on practice expenses

“It is critical that radiology participates in this survey effort to provide updated and accurate practice costs that are representative of our specialty," ACR urged.

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State lawmakers advance bill that would remove time limits for some medical malpractice suits

Lobbyists for physician groups have testified against the proposal, concerned it could punish providers for not relaying meaningless findings to patients. 

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FFR-guided PCI linked to significant cost savings

Researchers tracked data from more than 500 PCI patients, exploring the cost-effectiveness and safety of multiple treatment options. 

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Nearly half of patients surveyed believe MRI exposes individuals to ionizing radiation

Another 36% think that both magnetic resonance imaging and computed tomography use the same technology to create diagnostic images. 

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Hospital to decommission its nuclear medicine department due to lack of use

“We’re getting less and less referrals, and that number is dropping,” Anthony Mitarotondo, MD, director of Stony Brook Radiology, said during a recent public hearing. 

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Radiology experts develop tool for predicting whether patients will require advanced imaging

The Neiman Imaging Comorbidity Index was created using claims from over 10.5 million individuals covered by a large commercial payer.