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.

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.
Interventional radiologists ‘markedly’ increase billing for nonprocedural work, despite drop in overall doc count
"These findings underscore IR’s accelerating transition toward comprehensive patient care, with significant implications for training, practice management, and the specialty’s role within the broader healthcare landscape," experts write.

VIDA Diagnostics, TeraRecon announce new partnership

VIDA Diagnostics, a Coralville, Iowa-based medical imaging company, has announced a new distribution deal with TeraRecon.

2019 Group Practice Survey: The Exemplary 80

Radiology is evolving, consolidating and all the while innovating in this time of transition from volume to value across U.S. healthcare. A compressed field reflects the shape of the changed—and still changing—marketplace.

Why the country’s largest public healthcare system is investing $224M to revamp its imaging strategy

NYC Health + Hospitals announced Wednesday, Oct. 9, it plans to invest nearly a quarter of $1 billion to upgrade its imaging capabilities, hoping to standardize care across the vast enterprise.

AI could add $14T to global economy—but work still remains

As more businesses begin to implement state-of-the-art technologies, one industry expert is predicting AI will boost the global economy by $14 trillion by the year 2035.

GE Healthcare, UK-based biotech company partner to tackle prostate cancer imaging

Imaging giant GE Healthcare announced this week that it’s teaming with biotech firm Theragnostics in a bid to improve prostate cancer treatment.

Now hiring? Healthcare execs say AI will lead to more job opportunities

The continued evolution of AI will lead to more job opportunities in the healthcare industry, according to new survey of high-ranking executives. Investments in AI and the implementation of AI-focused strategies are both also on the rise.

Almost half of healthcare consumers ready to embrace medical AI

Some 46% of Americans are open to the idea of their physicians using AI to help make diagnoses.

Author of red, processed meats guideline had ties to industry

Recent pushback against a nutritional guideline that supports the consumption of red and processed meats includes allegations that the guideline’s lead author had ties to the meat industry, Health Exec reports.

Economics

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

Interventional radiologists ‘markedly’ increase billing for nonprocedural work, despite drop in overall doc count