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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New proposal to address surprise medical bills met more favorably by radiologists, hospitals

The House Ways & Means Committee has introduced a new policy framework to address unexpected IOUs for medical care, an issue that has drawn ire from lawmakers on both sides of the aisle. 

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3 patients die in violent clash at Pakistan cardiology hospital

At least 80 lawyers have been arrested after a violent altercation between attorneys and physicians left three patients dead at the Punjab Institute of Cardiology in Lahore, Pakistan, the New York Times reports.

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Activist investor pushing for sale of $2B MEDNAX

Starboard Value LP has privately nominated a majority slate of directors to the Sunrise, Florida-based company’s board, the Wall Street Journal reported. 

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Boston Heart settles kickback allegations with $26.7M payment

Boston Heart Diagnostics of Framingham, Mass., agreed on Dec. 9 to pay $26.67 million to resolve False Claims Act allegations suggesting it paid for patient referrals and improperly billed federal programs for lab testing, U.S. Attorney McGregor W. Scott announced.

Philips signs $16M long-term imaging partnership to bring big city tech to rural hospital

This continues a trend as the Amsterdam-based company looks to lend more stability and predictability to the acquisition of new diagnostic technology.

Falling US life expectancy driven by drug abuse, suicide and CVDs

Life expectancy in the U.S. is lagging far behind that of other developed nations, according to a review published in the Journal of the American Medical Association—a phenomenon driven by an increase in drug overdoses, suicides and organ system diseases like CVD.

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Australian AI specialists raise nearly $20 million

Harrison.ai, a Sydney, Australia-based healthcare company focused on AI technologies, has raised $19.9 million (A$29 million) in funding.

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Man dies of MI 6 weeks after cardiologist dismissed his symptoms as anxiety

The widow of a 48-year-old man was awarded $6.3 million this week after her husband, who’d been cleared of CVD by his cardiologist six weeks before his death, suffered a fatal heart attack while jogging.