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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Illinois becomes 1st state to mandate EpiPen coverage for kids

Illinois Gov. JB Pritzker signed House Bill 3435 this month, CNN reported—a law that will require insurance companies to cover all costs of EpiPen injections for anyone under 18 years old.

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CMS will no longer cut reimbursement for Impella heart pumps

CMS this month announced that, after continued analysis of Abiomed’s Impella RP system, it will no longer be cutting its reimbursement rate for the heart pump in October.

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Consumers more likely to embrace AI in commerce than healthcare

Only 51% of consumers feel optimistic or safe when it comes to AI infiltrating the healthcare space in the form of helping providers in diagnostic decision making and care management, according to a recent survey from Blumberg Capital.

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IBM’s ‘Dr. Watson’ may have been misguided from the start

If IBM’s Watson goes down as an early failure of AI in healthcare, the fumble may be recorded as an unforced error made by humans who were determined to position the company as the first serious player on the field.  

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Autonomous Radiology Groups Join Forces Under ‘Unified’ Banner

Sponsored by Unified Radiology

Ten radiology practices from around the U.S. have formed a new MSO, aiming to secure independence for each member practice. Some of the groups are already seeing strong returns.

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Oregon officials push ‘Stop the Bleed’ training in wake of mass shootings

Volunteers in Bend, Ore., are advocating for more widespread “Stop the Bleed” training after back-to-back mass shootings earlier this month left 31 dead, local paper the Bulletin reported August 11.

Siemens Healthineers to acquire Corindus Vascular Robotics for $1.1B

Siemens Medical Solutions, a wholly-owned subsidiary of Siemens Healthineers AG, has agreed to acquire Waltham, Massachusetts-based Corindus Vascular Robotics.

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What it Takes to Walk the Talk on Value

Medical practices are increasingly pressured to showcase the details of their contribution to medicine. But radiology isn’t like most other medical specialties, is it?