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.

Scott Whitaker

GE, Philips and Siemens among those jumping ship from imaging trade group to unite around newly formed alternative

UPDATED: AdvaMed, the Advanced Medical Technology Association, announced the launch of its Medical Imaging Division on Dec. 11. 

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Hospital on the hook for $120M jury verdict after residents miss signs of stroke on CT

“I’ve been a lawyer for 40 years now, and I’ve never heard of a malpractice verdict like this,” the plaintiff attorney said. 

business launch

Venture capital firm raises $90M, launches new AFib ablation company

According to Ajax Health CEO and industry veteran Duke Rohlen, the new company will be focused on offerings that "prioritize precision, simplicity and efficiency."

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House lawmakers advance bill to blunt radiologist pay cut in 2024

Several MD members of Congress are co-sponsoring the “Physician Fee Schedule Update and Improvements Act." 

africa looks to artificial intelligence for healthcare improvement

Large volume of radiologist reporting-backlogs an ‘urgent global issue’

Anecdotal reports indicate that radiologists are struggling to keep up with rising demand, but researchers sought to better quantify this crisis. 

New York Albany capitol

ACR, state radiological society urge governor to veto bill related to wrongful death damages

“Any action that would increase medical liability costs carries the potential negative consequence of physicians leaving our state to practice elsewhere," the two said. 

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Kentucky health system, cardiologist to pay $3M for alleged scheme targeting Medicare and Medicaid

The alleged scheme involved a series of diagnostic procedures that, according to the U.S. government, were not medically necessary. 

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Medtronic backs out of $738M acquisition due to ‘multiple breaches’

Medtronic confirmed its decision in a statement, but did not provide any specific details. The deal was originally announced in May.