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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Hospital giant CHI Health terminates 75-year partnership with local radiology practice

A representative with the 14-hospital nonprofit said there was no formal contract between the two organizations. 

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Healthcare groups praise Supreme Court’s decision to uphold ACA: ‘A victory for people with serious illnesses’

The American Heart Association was one of dozens of healthcare organizations that shared its support of the Supreme Court's 7-2 ruling. 

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Hospital mergers drive up healthcare prices

Pressures from the pandemic will undoubtedly drive health systems and hospitals to mergewith unfortunate consequences for patients, Bloomberg’s editorial board recently wrote in an opinion article.

 

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Per-patient imaging utilization, RVUs leapt during the pandemic despite overall drops in radiology volumes

Reasons for this oddity are likely multifactorial, including uncertainty about the management of COVID-19 patients, experts detailed in Clinical Imaging. 

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More than half of all heart disease patients struggle financially while seeking treatment

In fact, financial distress appears to be more closely associated with heart disease than cancer. 

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Nation’s largest insurer wants 55% of radiology services delivered at freestanding sites by 2030

Routine diagnostic imaging at a hospital can cost 165% more than other outpatient settings, UnitedHealth Group estimated. 

A massive physician shortage is coming—and it could hit cardiology especially hard

By 2034, the United States is expected to be short somewhere between 37,000 and 124,000 physicians.

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New legislation that would improve patient access to cardiac, pulmonary rehab programs introduced in Senate

The bill has received support from both parties. The American College of Cardiology and American Heart Association also hope to see it signed into law by President Joe Biden.