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.

Colorado, Texas radiology practices partner to launch 2 new companies

Denver-based Radiology Imaging Associates and San Antonio-based South Texas Radiology Group have partnered to create Covalent Radiology, a professional services company, and Covalent Healthcare Management, a full-service management services organization.

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WSJ: Insurers pocketed $9.1B from Medicare by overestimating drug spending

A Wall Street Journal investigation detailed how private health insurers have regularly overestimated the cost of covering prescription drug benefits for Medicare enrollees, allowing the insurers to keep $9.1 billion more from 2006 to 2015 than if their projections had been accurate.

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AI in healthcare market expected to hit $36.1B by 2025

The artificial intelligence (AI) in healthcare market is expected to reach $36.1 billion by 2025, according to a new report from the research firm MarketsandMarkets.

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Hospitals begin posting prices online, but is it helping patients?

A new federal law took effect Jan. 1 requiring all hospitals to post their list prices online. But, as it turns out, what appears online may end up confusing price-conscious patients more than helping them.

California hospital begins $18.37M upgrade to its radiology department

Natividad Medical Center in Salinas, California, has started an $18.37 million upgrade to its radiology department that is expected to take two to three years to complete.

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HHS, industry leaders release voluntary cybersecurity practices for healthcare

Amid widespread concerns about hacking threats and privacy, HHS and industry leaders released voluntary cybersecurity practices to help protect healthcare organizations from threats and keep patient information safe.

AI in healthcare market to reach $36.1B by 2025

The AI in healthcare market is expected to grow from $2.1 billion in 2018 to $36.1 billion by 2025, according to a report by Markets and Markets.

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Newly-formed alliance for AI in healthcare to officially launch

The newly-formed Alliance for Artificial Intelligence in Healthcare will officially launch this month, with its first board meeting set for Jan. 9 in San Francisco.