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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AHA: FDA must continue Gottlieb's fight against e-cig industry

Following the news that FDA Commissioner Scott Gottlieb, MD, plans to resign in about a month, the American Heart Association released a statement applauding Gottlieb’s efforts to curb the e-cigarette epidemic among the country’s youth.

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AI in medicine market projected to exceed $18B by 2025

A report released by Portland-based firm Big Market Research on March 6 projects the artificial intelligence in medicine market will grow to $18.12 billion by 2025, advancing at a compound annual growth rate (CAGR) of 49.6 percent.

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40% of European AI startups don’t actually use AI

Forty percent of so-called AI startups in Europe don’t actually use AI programs in their products, the Financial Times reported March 4.

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St. Paul Radiology, Suburban Radiology Consultants merge, form new practice

Two independent radiology practices from Minnesota, St. Paul-based St. Paul Radiology (SPR) and Minneapolis-based Suburban Radiologic Consultants (SRC), are merging into a single organization called Midwest Radiology.

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Imaging societies collaborate on new ‘ethics of AI’ guidelines

Representatives from a handful of major global imaging societies are collaborating on a “living document” that will outline a clearer set of ethics for the use of AI in radiology.

Prolonged non-face-to-face service: How cardiologists leave money on the table

Prolonged non-face-to-face time, something providers have long considered a part of the job, has only been reimbursable through CMS since 2018. Practices still in the dark about the change are missing a revenue opportunity.

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AI-powered radiology worklist receives CE mark

Zebra Medical Vision (Zebra-Med), an Israel-based deep learning imaging analytics company, announced it was granted CE certification for two of its AI-based products intended to speed up clinical review and diagnosis. One is for pneumothorax in chest x-rays and the other helps radiologists detect brain bleeds in CT scans.

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Radiologist files class-action lawsuit against American Board of Radiology alleging antitrust violations

A radiologist in Tennessee has filed a federal class action lawsuit against the American Board of Radiology (ABR) that alleges the ABR is in violation of antitrust laws.