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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Added sugar labeling on foods, drinks could save US $31B in healthcare costs

The FDA’s decision to mandate labeling of added sugar content on packaged foods and beverages is estimated to prevent nearly 1 million cases of diabetes and cardiovascular disease over the next 20 years and save the U.S. $31 billion in net healthcare costs over that timeframe.

Coverage gap for anti-rejection drugs puts transplant patients at risk

An April 2 story in the New York Times highlighted a potentially dangerous insurance coverage gap faced by heart transplant patients and recipients of other organs—the immunosuppressive drugs they need to prevent organ rejection sometimes aren’t covered by Medicare if they received the transplants before enrolling in the program.

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4 Ways to Achieve Price Transparency in Radiology

Publishing direct-to-consumer pricing would allow competitive comparison of real rates. In radiology, this means getting the information to patients both directly and through ordering physicians.

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The future of AI will be dictated by just 9 global companies

The future direction of AI research and development will fall into the hands of just nine global companies—three from China and six from the U.S.—Forbes reported April 10.

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.

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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.

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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.

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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.