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.

New rule allows physicians to refuse care on grounds of religious, moral beliefs

A new rule issued by HHS under the Trump administration allows physicians, hospitals and insurers to refuse care to certain patients on grounds of religious beliefs—something a New York Times columnist says could lead to “chaos in healthcare."

Radiology Partners announces new deal with Greensboro Radiology

Radiology Partners announced Tuesday, May 14, that it has entered a new practice partnership with North Carolina-based Greensboro Radiology.

ACR offers toolkit for referring providers on upcoming AUC mandate

The American College of Radiology has released a toolkit to better explain the Jan. 1, 2020, CMS mandate to referring providers after many members expressed concern about their referring provider’s lack of awareness about the upcoming policy.

Radiologists still making an impact late into their careers

Radiologists 31-40 years into their careers remain incredibly important to patient care in the United States, according to a new study published in Academic Radiology.

Dental company with machine learning focus raises $11M

A Los Angeles-based startup, GumGum, has raised $11 million in financing and spun out a new healthcare startup focused on the dental industry, according to TechCrunch.

AI needs more diversity to avoid data bias

AI has the potential to disrupt the healthcare industry and improve healthcare outcomes of patients through faster diagnosis and more accurate, targeted treatment. But how AI algorithms are trained needs some improvement, according to Naga Rayapati, founder and CEO/CTO at online marketplace GoGetter, which penned an article for Forbes.

From Concept to Clearance: Why It’s So Expensive to Develop New CV Drugs

Earning approval to use a new cardiovascular drug in the clinical setting can cost 100+ times the average of bringing other medications to market.

MSU Health Care, Advanced Radiology Services announce new joint venture

MSU Health Care and Grand Rapids, Michigan-based Advanced Radiology Services (ARS) have announced a joint venture that will provide imaging services to the McLaren Greater Lansing health system.

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