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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University of Chicago to pay $2.6M to settle CV malpractice suit

The University of Chicago has agreed to pay $2.6 million to settle a malpractice lawsuit claiming the actions of its cardiology staff in July 2014 led to the untimely death of a 61-year-old heart patient.

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Precision medicine alliance launches

Siemens Healthineers and the University of Missouri System have teamed up to launch a new initiative to transform healthcare delivery with precision medicine with its Alliance for Precision Health. The alliance will focus on cancer, Alzheimer’s disease, cardiovascular disease and more.

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Lax salt regulations in UK responsible for 9.9K CVD, 1.5K cancer diagnoses

A study out of the U.K. has found that, after the nation’s Food Standards Agency relaxed its sodium content regulations in 2011, Brits saw a simultaneous—and related—rise in cases of cardiovascular disease and stomach cancer.

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Canon Medical Systems, AHRA continue annual Putting Patients First program

Canon Medical Systems U.S.A. is once again partnering with AHRA to support the annual Putting Patients First program, which awards research grants for improving patient care through medical imaging.

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Radiology Partners announces $700M investment

Radiology Partners (RP) has received an investment of approximately $700 million from Starr Investment Holdings. The money will go toward supporting RP’s growth, including developing future partnerships and bringing in new resources for its radiologists.

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ACR praises amendment to surprise billing legislation

Reps. Paul Ruiz (D-Calif.) and Larry Bucshon (R-Ind.) added an independent dispute resolution amendment to the No Surprises Act, a move the American College of Radiology described as a "crucial step" toward resolving surprise medical billing.

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Open for input: AI in Healthcare 2019 Leadership Survey

Seeking to gather and share data on the state of AI in healthcare, AI in Healthcare has opened its inaugural leadership survey. Questions cover how healthcare organizations are paying for AI, whether they’re buying or building their AI-enabled solutions, where AI’s potential is already being realized—and more. Take the survey.

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ACR expresses concerns with surprise billing legislation

The American College of Radiology (ACR) has expressed “serious concerns” with the No Surprises Act— legislation geared toward ending surprise medical bills, in a July 16 statement.