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.

‘Disgust and disappointment’: Yale cardiologist found guilty of sexual harassment receives endowed chair

A Yale University cardiologist found guilty of sexual harassment five years ago received an endowed chair this summer—an accolade Yale itself claims “is widely recognized as the most prestigious honor a university can bestow on an accomplished faculty member,” the Washington Post reports.

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ASRT to donate $10K to Hurricane Florence relief efforts

The American Society of Radiologic Technologists (ASRT) has announced it will donate $10,000 to the American Red Cross Hurricane Florence Relief Fund to help ongoing relief efforts in North Carolina and South Carolina.

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Big research payments in radiation oncology are distributed only to a few

New research in the Journal of the American College of Radiology suggests an association between disclosed payment from the healthcare industry and increased individual productivity metrics.

Study shows ‘opportunistic’ price increases of hospital drugs

The prices of 90 different drugs increased at double their normal rate once shortages occurred, a new study found—and the increases were even greater for those with three or fewer suppliers.

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Medical imaging industry an example of how ongoing trade war will harm US

According to one Fox News columnist, if President Donald Trump follows through on the additional tariffs on Chinese products he proposed earlier this week, numerous businesses and the healthcare sector could be “harmed to a considerable degree.” To make his point, he examined the potential impact on the medical imaging industry.

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US, China impose additional tariffs in growing trade war that could impact medical imaging

In the latest in an international trade war, China has imposed $60 billion in tariffs on imported U.S. goods on Monday, Sept. 17, in retaliation against President Donald Trump imposing $200 billion worth in tariffs on Chinese imported goods—including medical imaging equipment and other healthcare technologies, NPR reports.

Case Western receives $1.1M to develop gadolinium-free imaging for peripheral arterial disease

Case Western Reserve University (CWRU) School of Medicine received a $1.1 million grant from the National Institutes of Health (NIH) to develop and evaluate imaging methods to diagnose peripheral arterial disease (PAD) that do not rely on gadolinium.

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Out-of-pocket price transparency saves radiology revenue, improves patient satisfaction

Patients with high-deductible health plans (HDHPs) continue to see out-of-pocket costs rise. Despite this, healthcare prices remain largely a mystery to consumers—but what if a hospital helped families better understand their potential out-of-pocket expenses?