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.

Tech investors award AI startups that are reinventing work

Over the last six years, Dell Technologies Capital has plunked down more than $600 million to invest in startups focused on accelerating the “reinventing work” evolution. Microsoft’s M12 venture fund has shown similar enthusiasm.

3 keys to patient-physician trust in the age of AI

Often lost in discussions about AI’s unfolding impact on healthcare is its uncertain effect on patient-physician relationships. The authors of an opinion piece published July 15 in JAMA take up a key question underlying this lack.

Radiologists more interested in telemedicine than any other specialists

Radiologists show more interest in telemedicine job opportunities than representatives from any other specialty, according to a new report published by Doximity.

3 great minds agree: AI is changing everything

Three distinguished thinkers who think a lot on the future are asking some big questions about AI.

Upskilling Could Be an Ideal Rx for Healthcare’s Employment Woes

Developments within and beyond healthcare have created a need for workers with upgraded skillsets. Upskilling might help fulfill this need.

Wearables & Workflow: How One Practice Is Hurdling Time, Liability & Billing

Sanjaya Gupta, MD, MBA, details how his practice is leverage wearables as a patient engagement tool.

AHA: The consequences of a null ACA would be ‘profound and immediate’

The Affordable Care Act is back in court this week after a Texas judge ruled the law unconstitutional in late 2018, prompting the American Heart Association and other major societies to issue a joint statement supporting the ACA and its protections for patients with pre-existing conditions.

Strategic Radiology announces addition of Radiology Associates of Tallahassee

Strategic Radiology has officially welcomed Radiology Associates of Tallahassee from Tallahassee, Florida, to its coalition of independent practices.

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