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.

Cardiologist salaries increased in 2022, but physician compensation was down overall

Both cardiology and pediatric cardiology saw bumps in pay from 2021 to 2022. For many other specialties, however, that was not the case. 

layoffs staff cuts termination workforce

Amgen to lay off 450 in second round of employee cuts

The move comes after the company reported revenues of $26.3 billion in 2022 and and a net income of more than $6.55 billion.

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Cindy Crawford-backed, whole-body MRI startup continues expansion, despite radiologist concern

California-based Prenuvo recently raised $70 million and is opening several locations across the U.S. this year and next. 

interventional ultrasound

IR proves strong on practicality, profitability—but some cost-inclusive metrics remain to be shown

Recent evidence confirms that interventional radiology produces solid clinical outcomes while beating surgery on the cost-effectiveness of numerous procedures.

overnight night shift attending radiologist burnout

Hospital to pay False Claims Act penalty for allegedly letting unsupervised residents interpret X-rays

University of Iowa Health Care also has agreed to mandate that physicians receive training on Medicare's requirements for reimbursement in a teaching setting. 

ACC Vice President Cathie Biga discusses OBLs and ASCs during the ACC23 meeting. #ACC #OBLs #ASCs #ACC23

What the rise of outpatient cardiac OBLs and ASCs means for cardiology

To reduce the healthcare costs associated with straightforward, minimally invasive cardiovascular procedures, more and more ambulatory surgical centers and office based labs are opening all over the United States.

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Feds may soon take action against Amazon’s monopoly status

Federal investigations that began in 2019 into Amazon’s potential abuse of power and consumer privacy violations may soon come to fruition with lawsuits to block the company's monopoly status, Politico reported. 

 

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Imaging center, partner hospital agree to pay $2M to settle False Claims Act case

Diagnostic Imaging Associates billed CMS for both service components, but the hospital was ineligible for reimbursement, the DOJ said.