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.

Autonomous Radiology Groups Join Forces Under ‘Unified’ Banner

Sponsored by Unified Radiology

Ten radiology practices from around the U.S. have formed a new MSO, aiming to secure independence for each member practice. Some of the groups are already seeing strong returns.

Oregon officials push ‘Stop the Bleed’ training in wake of mass shootings

Volunteers in Bend, Ore., are advocating for more widespread “Stop the Bleed” training after back-to-back mass shootings earlier this month left 31 dead, local paper the Bulletin reported August 11.

Siemens Healthineers to acquire Corindus Vascular Robotics for $1.1B

Siemens Medical Solutions, a wholly-owned subsidiary of Siemens Healthineers AG, has agreed to acquire Waltham, Massachusetts-based Corindus Vascular Robotics.

What it Takes to Walk the Talk on Value

Medical practices are increasingly pressured to showcase the details of their contribution to medicine. But radiology isn’t like most other medical specialties, is it?

AI emerging as healthcare leaders’ top toolset for reducing risk

Healthcare leaders working for provider organizations and medical societies see AI as the best emerging technology for reducing risk. Meanwhile they see online media as the riskiest technology.

Editor’s pick: 8 data-driven healthcare trends to watch

AI, blockchain and mHealth apps specific to Big Data are among eight emerging technologies healthcare watchers would do well to keep an eye on, according to a consumer-friendly roundup published Aug. 7 in the Santa Clarita Valley Signal.

Siemens Healthineers acquires Corindus for $1.1B in cash

Corindus Vascular Robotics on August 8 announced it had entered a definitive merger agreement with Siemens Healthineers, which will reportedly acquire Corindus for a price of $1.1 billion.

Undaunted by the unknown, hospital leaders leaping into nonclinical AI

Only half of hospital leaders are conversant in AI and robotic process automation (RPA) technologies aimed at achieving nonclinical efficiencies. However, 23% want to invest in the technologies today and some 50% say they’ll do so by 2021.

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