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.

Sanofi unveils insulin discount program amid pricing scrutiny

French drugmaker Sanofi announced on April 10 a plan to lower its insulin prices to $99 per month for some U.S. patients, beginning in June. The announcement came amid a series of congressional hearings about drug costs and was met with questions about why this move and other recent cost-cutting measures took so long.

Radiologists average $419K per year, ranking 6th among specialists

Radiologists reported a yearly salary of $419,000, according to results of the Medscape Physician Compensation Report 2019. The figure is 4% higher than the specialties’ average salary in last year's Medscape report.

Fujifilm Canada announces new division for diagnostic imaging solutions

Fujifilm Canada announced Thursday, April 11, that it has established a new division to help increase the availability and sales of the company’s diagnostic imaging systems throughout Canada.

Radiologists earn $419K per year, up 4% from 2018

Radiologists earn an average of $419,000 per year, according to Medscape’s Physician Compensation Report 2019. This makes radiology tied for No. 5 among all specialties.

Partners HealthCare announces 12-month AI software rollout

Boston-based medical network Partners HealthCare will be rolling out new software and support services over the next 12 months with the goal of involving more physicians and health experts in AI research.

Google, FitBit, others join CTA’s new initiative on AI in healthcare

More than 30 major companies and organizations including Google, FitBit and the Federation of State Medical Boards announced April 4 they’re joining the Consumer Technology Association’s (CTA) new initiative on AI in healthcare.

Dietary factors linked to 11M worldwide deaths in 2017

Dietary risk factors—such as consuming too much sodium or not enough whole grains and fruits—were responsible for 11 million deaths globally in 2017, according to a new analysis in The Lancet.

Just 13% of radiation oncologists work in rural communities, with many eyeing retirement

The percentage of radiation oncologists in the United States working in urban and suburban communities is on the rise, according to a new survey published in the International Journal of Radiation Oncology • Biology • Physics. What does this mean for patient care in more rural locations?

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