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.

money business cash flow dollar

Boston Scientific to purchase Elutia’s drug-eluting envelope business for $88M

The FDA-cleared EluPro bioenvelope delivers two antibiotics to patients over an extended period of time after they receive an implantable pacemaker or defibrillator to cut infection rates.

artificial intelligence

Experts push for new generalist radiology AI models that move beyond single tasks, ease financial concerns

Consolidation of image interpretation assistance into one package can minimize costs and open the market to radiology providers who cannot afford current offerings, scientists write in Radiology.  

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Society of Interventional Radiology shares guidance on offering new image-guided service

IRs can play a key role in kidney care using a novel, nonsurgical approach that deploys catheters and imaging guidance to create a fistula in the arm for dialysis access. 

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High school seniors create AI chatbot that understands medical bills

The system, dubbed MedFinanceAI, only works in Nebraska for now. But the three teens behind its development said it can be rolled out into other communities.

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Mayo Clinic announces cuts and closures, citing healthcare staffing woes

Many Mayo Clinic patients in rural Minnesota may need to travel or rely on telehealth, as six locations are closing for good before the end of the year. 

Medicare

Radiology Business Management Association strongly urges Medicare to withdraw controversial doc pay ‘efficiency adjustment’

The federal payment program first proposed this 2.5%, across-the-board cut for physician services in July, exempting most time-based healthcare offerings. 

Congress Senate Washington D.C. DC

Lawmakers urge Trump administration to fix No Surprises Act problems plaguing radiology

Five years after Congress passed the landmark law, shortcomings persist, which are potentially hampering patients and physicians, House leaders contend. 

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Employer-sponsored health plans to see 7% jump in premiums, survey finds

Consulting firm Mercer said employers are prepared to deploy cost-cutting measures, including better management of high-cost claims. However, Americans who get insurance through their workplace are likely to face higher out-of-pocket expenses, such as co-pays and deductibles.