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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Novo Nordisk acquires Corvidia Therapeutics for $2.1B with eye on cardiovascular disease

An antibody currently being developed by Corvidia, ziltivekimab, is at the center of the big acquisition.

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Tim Attebery, former American College of Cardiology and MedAxiom CEO, named Vxtra Health board chair

Back in April, Attebery announced his resignation from the ACC and MedAxiom.

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Revamped community health center payment model drops imaging use by 42%

Oregon piloted the Medicaid model in 2013, reimbursing providers on a fixed per-patient rate rather than traditional per-visit payments.

Philips ICU telecare

Philips inks $100M contract with VA, GE’s AI deal, plus more radiology vendor news

Also, Intermountain signs exclusive deal with radiology benefits manager, Sectra partners with Christus Health, and Fujifilm offers up $90,000 grant for COVID ultrasound research. 

covid-19 coronavirus

Community radiology practices suffer sizable imaging volume declines, with breast imaging hit hardest

That’s according to a new analysis of imaging data from nine such providers located across the country, published in JACR.  

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Endologix announces bankruptcy, company-wide reorganization due to pandemic-related challenges

Endologix, an Irvine, California-based healthcare company focused on aortic disorders, has filed for Chapter 11 bankruptcy and finalized a “consensual plan of reorganization."

Texas

Bigger in Texas: Merger may create the nation’s largest private radiology practice

Officials with 80-year-old, Fort Worth-based Radiology Associates of North Texas unveiled their new partnership plans on July 2. 

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Heart valve specialists raise $20M

Foldax, a Salt Lake City-based healthcare company focused on heart valve technology, has closed a $20 million Series D round of financing.