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.

Major academic health system reveals plans for dedicated AI department

U.S. healthcare will soon welcome the country’s first hospital department focused on applying AI to biomedical research and clinical medicine

5 ways US regulators could go further to beat back bias in medical AI

FDA could do more to police regulated products for algorithmic biases that may affect clinical outcomes in vulnerable subpopulations.

Radiology provider Akumin signs $2.15M contract with Volpara—vendor’s largest deal to date

Under a five-year pact, the New Zealand-based firm will install patient-tracking software across a network of imaging centers spanning 11 states.

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Bigger healthcare mergers are on the horizon

Not much M&A activity has occurred in healthcare during the third quarter of 2021, but a few recently announced deals are big in value. 

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Radiology services account for $2B of overall spending on cancer care

That's the second most expensive service item contributing to cancer's $156.2 billion price tag in 2018, experts reported Wednesday in JAMA Network Open.

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Boston Scientific acquires Baylis Medical’s cardiology business for $1.75B

For Boston Scientific, the acquisition will add new left heart access platforms to its electrophysiology and structural heart portfolios.

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‘Corporate monster’: Pharmacists fight radiology vendor Change Healthcare’s merger with UnitedHealth

Opponents believe the $13B merger deal will give UHC access to a trove of intelligence on physicians, which it could wield unfairly in rate negotiations.

Radiology stakeholders want White House intervention to prevent ‘disastrous’ payment changes in 2022

Physicians face "draconian" Medicare cuts that could stifle cancer care in 2022, the American College of Radiology, ASTRO, Siemens and others wrote to President Biden recently.