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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Medtronic settles DOJ claims against acquired companies for $50.9M

Medtronic has agreed to pay the U.S. Department of Justice (DOJ) a total of $50.9 million to settle three claims against Covidien and ev3, two companies Medtronic acquired in 2015.

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Legal team of convicted radiologist argues he deserves lighter sentence for distributing pain pills

Former University of Pittsburgh Medical Center (UPMC) radiologist Marios D. Papachristou, who pleaded guilty in May to federal charges of healthcare fraud, faces a prison term of up to 46 months—but he is now saying he deserves probation and not jail time.

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Fujifilm, Intalere announce new partnership

Fujifilm Medical Systems U.S.A. has announced a new partnership with Intalere, a St. Louis, Missouri-based supply chain company, that will make Fujifilm’s endoscopy portfolio available to Intalere members at reduced price points.

Cardiologist pleads guilty to prescribing oxycodone for financial gain

A cardiologist based in Elko, Nevada, pleaded guilty Nov. 26 to prescribing two highly addictive drugs—oxycodone and hydrocodone—to patients over a five-month period without legitimate medical reasons, U.S. Attorney Dayle Elieson announced.

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IE hospitalizations linked to drug use jumped 12-fold in NC over decade

Hospitalizations for drug use-associated infective endocarditis (DUA-IE) increased 12-fold in North Carolina in one decade, according to a new study, and nearly half of all IE valve surgeries from late 2016 through mid-2017 were performed in patients with DUA-IE.

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2 key trends driving the future of medical imaging (and 3 to keep an eye on)

Artificial intelligence (AI) and blockchain are two titanic trends driving the future of medical imaging, according to an in-depth analysis published in the Journal of the American College of Radiology. The study’s authors also assessed other trends that continue to gain momentum.

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‘Wallet biopsies’ common for organ transplant candidates

A hospital’s suggestion that a Michigan woman raise $10,000 before being considered for a heart transplant fueled outrage last month, but that situation isn’t all that uncommon, according to a Dec. 5 story from Kaiser Health News.

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Several healthcare startups named as finalists for IBM Watson's AI competition

Thirty teams are advancing in IBM Watson’s international AI competition, with healthcare startups making up more than half of the top 10 finalists.