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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Genetic testing for newly diagnosed breast cancer patients could save $50M

Researchers have determined that the widespread use of genetic testing for newly diagnosed patients could lead to approximately $50 million in savings for the first year of breast cancer care in the United States.

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Genetic testing could cut first year breast cancer costs by $50M

"This study only answers the question about whether, in the first 12 months after diagnosis, costs of gene testing are likely to be offset by savings in avoided costs of chemotherapy—and the answer is yes," wrote authors of a new study published in JNCI.

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Medical wearables market projected to surpass $29B by 2026

The global wearable medical devices market is expected to surpass $29 billion by 2026, according to a report from Transparency Market Research (TMR), expanding at a projected compound annual growth rate (CAGR) of more than 17% over the next seven years.

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5 highlights from the CDC’s latest report on heart disease

The CDC’s most recent Health, United States report, released this April, reveals the extent to which racial and ethnic disparities in the U.S. affect cardiovascular care and rates of heart disease in the country.

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NorthStar Medical Technologies secures $100M in funding to expand Mo-99 production

NorthStar Medical Technologies has closed a $100 million round of financing to help the company expand its production capacity for molybdenum-99 (Mo-99), improve its RadioGenix System separation platform and pursue growth in research and development.

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Columbia cardiology accepts $32.5M gift

The cardiology division at Columbia University’s Vagelos College of Physicians and Surgeons received a donation of $32.5 million this month—a gift the program’s leaders say will go toward patient care, research and education.

People stop taking their CV drugs when pharmacies close

Pharmacy closures across the U.S. are driving significant declines in medication adherence among Americans, a recent study has found, especially those who are older and live in neighborhoods with low accessibility.

Banner Health, Radiology Partners unite to form Banner Imaging

Arizona-based Banner Health and Radiology Partners announced Tuesday, April 23, that they have signed an agreement to provide imaging services in the metro Phoenix area. The new enterprise will be known as Banner Imaging.