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.

Thumbnail

Australian imaging department reaches $10M over budget

Data from the Australian government revealed that costs within the department at Canberra Hospital in Australia have been steadily increasing over the past three years, largely due to unplanned staff leave and medical supplies, according to a recent report by The Canberra Times.

Thumbnail

Imaging department has ‘budget blowout,’ may lose accreditation

The budget of the medical imaging department at Canberra Hospital has exceeded $10 million (approximately $7.1 million) over a five-year period due to staffing shortages, according to a new report by WA Today.

Thumbnail

U.S. healthcare stocks expected to perform well in 2019

U.S. healthcare stocks had a strong 2018, rising 4.7 percent overall, and experts say they should continue to do well in the new year.

Thumbnail

Copay vouchers fail to reduce adverse events in MI survivors

Copayment vouchers for P2Y12 inhibitors modestly improved the likelihood that patients would continue taking the guideline-recommended medications for one year after myocardial infarction, according to a study published in JAMA. However, patients supplied with this financial assistance didn’t see a subsequent improvement in clinical outcomes.

Thumbnail

Medicaid coverage linked to lower survival of STEMI

ST-segment elevation myocardial infarction (STEMI) survivors covered by Medicaid have lower rates of revascularization and higher rates of in-hospital mortality than their counterparts with private insurance, according to a study published in Circulation: Cardiovascular Quality and Outcomes.

Thumbnail

Change Healthcare, Health Fidelity partner on AI solution for risk adjustment coding

Change Healthcare and Health Fidelity are partnering to offer a risk adjustment coding solution that uses natural language processing (NLP) and machine learning to increase claim accuracy and address compliance issues, the companies announced Monday, Jan. 14.

Thumbnail

High price tags on diabetes test strips drive ‘gray market’ in US

High retail prices for diabetes test strips are driving a “gray market” in the U.S. as an increasing number of uninsured diabetics struggle to afford something they need as often as 10 times a day, the New York Times reports.

Thumbnail

Carestream granted 42 US patents in 2018

Carestream has announced that it was granted 42 new patents from the U.S. Patent and Trademark Office in 2018. The patents were focused on digital radiography, extremity CT imaging and other key healthcare technologies.