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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Sanofi cuts 466 jobs, all ties to new CV research

French drugmaker Sanofi is cutting 466 jobs as part of an R&D “reshuffle” that will also put an end to the company’s new research efforts in cardiology.

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CMS finalizes coverage guidelines for TAVR

CMS on June 21 issued its finalized national coverage determination for TAVR—one that reportedly offers greater flexibility for hospitals and providers.

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3 key points to consider before further advancing AI, big data in healthcare

A multidisciplinary task force of 14 European AI experts has come up with a set of broad guidelines for anyone using the technology to analyze big data in healthcare.

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Nevada cardiology practice shells out $2.5M to settle Medicare kickback claims

Las Vegas’ Nevada Heart & Vascular Center agreed to pay $2.5 million this week to settle claims that its physicians referred patients for genetic testing in exchange for kickbacks from the testing companies, KTNV Las Vegas reported June 19.

California imaging center manager sentenced to 5 years for kickback scheme

Gonzalo Paredes, 63, was convicted of 51 felony counts for his role in the “largest healthcare insurance fraud scheme in the history of San Diego,” which was dubbed Operation Backlash, according to a statement from the San Diego DA.

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Imaging center office manager sentenced to 5 years in prison for fraud scheme

The office manager at a California imaging center has been sentenced to five years in state prison for his role in a multi-million dollar kickback scheme.

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Some experts are seriously wary of AI in healthcare

A Harvard Law School professor is warning that AI may be hazardous to the health of U.S. healthcare.

Podcast explores a cancer patient’s quest for low-cost MRIs

In the most recent episode of the Kaiser Health News podcast “An Arm And A Leg,” host Dan Weissmann sits down with a patient living with brain cancer to learn how she shopped around for low cost brain MRIs, ultimately saving hundreds each year.