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.

Industry update: 3 reasons the mammography market may soon slow down

Growth in the mammography market may begin to slow down in the near future, according to a new analysis from Signify Research.

AI in the mix as NIH continues seeking health apps to fund

NIH funding opportunities remain numerous for innovators who apply evidence-based medical science to their proposals for smartphone apps, and the agency isn’t hesitant to get behind AI-based approaches.

B. Braun granted breakthrough status for newest DCB catheter

The FDA has granted B. Braun Interventional Systems Inc. breakthrough device designation for its SeQuent Please ReX drug-coated PTCA balloon catheter, the company announced August 1.

CMS extends AI healthcare outcomes challenge judging period due to high interest

After receiving “overwhelming interest” in a recent AI in healthcare challenge, CMS extended is judging period, the agency announced August 1.

Royal Philips completes purchase of Carestream Health’s health IT business

Royal Philips has completed its purchase of Carestream Health’s healthcare information solutions business, a deal first announced back in March.

The 10 best hospitals for cardiology, heart surgery in the US

The Cleveland Clinic in Cleveland, Ohio, topped this year’s U.S. News & World Report’s list of the best hospitals for cardiology and heart surgery in the country, published at the end of July.

NIH awards $47M for imaging study investigating lifestyle changes and brain health

The U.S. National Institute on Aging (NIA) has awarded a five-year $47 million grant to the University of California, Berkeley to incorporate imaging into an ongoing study investigating whether lifestyle changes can help protect against dementia.

Circulation journal names new editor-in-chief

Chris Semsarian, PhD, MPH, has been announced as the newest editor-in-chief of the American Heart Association’s journal Circulation: Genomic and Precision Medicine.

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