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.

Tariffs will likely have a sizable impact on major radiology vendors
Medical device vendors Siemens, Philips and GE all saw drops in their stock prices after President Donald Trump announced new tariffs April 2.
Proposed HHS budget would close NINR, cut nursing programs
The American Nurses Association is warning that eliminating support for the training and research offered by the National Institute of Nursing Research could be devastating to the public, as many programs support specialties such as maternal and mental health.
Family of heart patient who died awarded $45M after suing health system for negligence
The 55-year-old patient woke up experiencing chest pain one morning and an ambulance was called. He was dead just a few hours later. His family's lawsuit argued that delays in care, communication errors and other issues were directly responsible for his death.
Leaked HHS budget reveals 30% cuts, elimination of many core services
A proposal for the massive restructuring of the Department of Health and Human Services ends funding to programs associated with chronic disease management, lead safety, and Head Start. However, HHS is adding a new department to focus on understanding the cause of long-term illness.
RadNet leaders discuss rationale behind blockbuster $103M iCAD AI acquisition
RadNet provides 1.9M mammograms per year in the U.S., and adding iCAD’s installed customer base would boost the number of impacted exams to 10M.

Deceased radiologist’s estate on the hook for $8.1M jury verdict

Illinois-based provider Palmer Jane Blakley, MD, failed to spot one patient's tumor in chest x-rays, leading to her eventual death from the disease in March 2015.

AI-powered analysis for older patients at center of new partnership

MyndYou, a New York City-based healthcare technology company, will now be working with Allscripts clients to monitor their patients for cognitive changes and avoid hospitalization whenever possible.

Fired former radiology director sues hospital, alleging gender discrimination

Jennifer McDowell, 45, claims she endured harassment, unequal pay and retaliation and is seeking more than $75,000 in compensation.

Cardiology AI specialists raise $15M

Cardiologs, a cardiology diagnostics company with offices in Paris and Boston, has raised $15 million in Series A funding.

Startup aimed at addressing misdiagnoses in radiology raises $23.5M

Covera Health will use the funds to speed up research and development of tools to measure the impact of errors in imaging.

Zipnosis, GYANT partner on new patient engagement solution for health systems

Zipnosis, a Minneapolis, Minnesota-based healthcare technology company, has kicked off a new partnership with GYANT, a San Francisco-based company focused on improving physician-patient communication with AI.

Could 2020 be the year of women in cardiology?

A number of female cardiologists are leading, or preparing to lead, top cardiology organizations this year. Could 2020 mean a paradigm shift for the field?

Lunit raises $26M to ramp up sales of AI software

Lunit, a medical software company based out of South Korea, has completed a Series C funding round worth $26 million.

Economics

Tariffs will likely have a sizable impact on major radiology vendors

Proposed HHS budget would close NINR, cut nursing programs

Family of heart patient who died awarded $45M after suing health system for negligence

Leaked HHS budget reveals 30% cuts, elimination of many core services

RadNet leaders discuss rationale behind blockbuster $103M iCAD AI acquisition