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.

How to avoid malpractice suits stemming from AI utilization—or lack thereof

Physicians who reject an AI-based recommendation of established care guidelines in order to provide more personalized medicine are at heightened risk of being sued for malpractice should the patient be harmed.

Aides confirm Sanders suffered an MI

Presidential hopeful Sen. Bernie Sanders suffered a heart attack last week, his campaign confirmed Oct. 4.

Erstwhile Google exec expects biology to accelerate AI—or vice versa

If the present time represents the advent of the AI Age, it also marks a golden age for biology. And the two will soon hungrily feed off one another, driving the next big thing in supercomputing.

Northwell Health building EHR system

Northwell Health, a New York-based nonprofit health system, is building its own electronic health records system and leveraging AI to do it, Axios reported.

ControlRad raises $15M in financing

An Atlanta-based medical device company working to reduce radiation exposure during fluoroscopy has picked up $15 million in funding to fuel further growth.

4 things radiologists should know about Pennsylvania’s patient notification law

Pennsylvania (PA) Act 112, requires imaging facilities in the state to notify patients of abnormal imaging results. Authors of a Sept. 28 case study published in the Journal of the American College of Radiology examined what this law does and how health systems are responding.

Bernie Sanders suffers artery blockage during campaign event

Vermont senator and presidential hopeful Bernie Sanders was hospitalized Tuesday for an artery blockage that required two stents, the New York Times reports.

Novartis enlists Microsoft to speed AI implementation

In a move closely partnering big pharma with big tech, Novartis and Microsoft have jointly announced a strategic alliance.

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