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 leaves Amazon leadership role to join digital health startup

In the past, Majmudar has also helped manage the Healthcare Transformation Lab at Massachusetts General Hospital and served as an associate professor at Harvard Medical School.

Walmart acquires telehealth provider MeMD

Walmart is advancing its healthcare capabilities with the acquisition of telehealth provider MeMD.

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RadNet sees earnings surge 93%, revising 2021 projections as volumes climb amid relaxed restrictions

COVID-19 has been a “catalyst for tuck-in acquisitions,” as the company purchased 10 East Coast imaging centers in February and March, ballooning its total to 346. 

2 ultrasound AI systems cleared for market

The FDA has approved an AI tool for speeding thyroid sonography workflows while, across the Atlantic, the European Union has OK’d an AI-based ultrasound device that guides nerve blocking as a form of local anesthesia

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CTA, ACC announce new plan to help device manufacturers connect with cardiologists

Representatives from Google Health, Philips, Samsung, Abbott and Omron have been invited to contribute to the new collaboration. 

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Family of singer Chris Cornell settles malpractice lawsuit with cardiologist

The singer's family originally filed the lawsuit in November 2018.

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American College of Radiology urges UnitedHealthcare to revise ‘onerous’ new prior authorization process

The nation's largest commercial insurer began requiring physicians to jump through additional hoops last month before obtaining payment for certain outpatient services. 

3 medical AI systems clear regulatory hurdles

The last two weeks saw market clearances granted in Europe for AI-based software focused on remote patient monitoring, prostate oncology and real-time guidance of coronary stenting.