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.

Johnson & Johnson MedTech faces threat of permanent injunction after losing antitrust case
After being ordered to pay $442 million in damages—a ruling the company has said it may appeal—Johnson & Johnson MedTech is now facing the possibility of a permanent injunction that could impact certain business practices. A hearing is scheduled for July.
American College of Radiology joins legal fight against NIH cuts
ACR joined 10 medical societies filing a “friend of the court” brief in an ongoing lawsuit against the National Institutes of Health, HHS and their leaders.
Eliminating extra fee for 3D mammography bolsters utilization, though disparities persist
Experts believe this new research offers important insights as practices adopt artificial intelligence in breast imaging, often with an extra out-of-pocket fee.
AMA president warns prior authorization hurting patients, driving burnout and practice closures
American Medical Association President Bruce Scott, MD, explains the growing issues with insurance prior authorization impacting patient care and what the AMA is doing about it.
Startup seeking to simplify medical imaging referrals raises $101M
Tennr uses an “enterprise orchestration engine” and series of specialized language models, trained on the nuances of processing documentation against payer criteria.

layoffs staff cuts termination workforce

Philips announces 6,000 job cuts

Philips plans to cut 6,000 jobs by 2025, including 3,000 in 2023.

Medtronic urges shareholders to reject below-market offer from investment firm

The firm in question, TRC Capital Investment Corp., has a history of making below-market offers to shareholders of large corporations. These offers are typically unsolicited.

Rising trauma CT utilization flagged over costs, incidental findings

The increase has been especially evident in single-encounter chest/abdominopelvic scans, not least those performed for minor injuries.

Increased use of CCTA improves CAD outcomes without raising costs

Researchers examined data from nearly 2 million patients, sharing their full findings in JACC: Cardiovascular Imaging.

ACR to Biden cabinet members: Please help make independent dispute resolution fair and accessible for all stakeholders

The American College of Radiology has worked out a way to protect patients from surprise medical bills for out-of-network services while modifying third-party arbitration so it sensibly serves providers and payers alike.

More Americans are putting off care than ever before

The percentage of Americans who are postponing medical care has reached a new high, according to a recent Gallup poll.

Healthcare bankruptcies jumped 84% in 2022

Large bankruptcies in the healthcare industry rose sharply from 2021 to 2022, according to a new report from healthcare restructuring firm Gibbons Advisors.

Cleveland Clinic CEO warns of $200M loss in 2022

Cleveland Clinic CEO and President Tom Mihaljevic, MD, gave the healthcare organization’s State of the Clinic speech on Jan. 18, sharing optimism for the company’s future despite a $200 million loss in 2022.

Economics

Johnson & Johnson MedTech faces threat of permanent injunction after losing antitrust case

American College of Radiology joins legal fight against NIH cuts

Eliminating extra fee for 3D mammography bolsters utilization, though disparities persist

AMA president warns prior authorization hurting patients, driving burnout and practice closures

Startup seeking to simplify medical imaging referrals raises $101M