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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Medicare, Medicaid paying for more heart transplants than ever before

Public health insurance programs are covering an increasing number of heart transplant surgeries in the U.S., recent research suggests, meaning the outcomes of such procedures could hinge on decisions made by the federal government.

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Despite AI readiness, Middle East lags in adoption

Two-thirds of public citizens in the Middle East are ready to embrace AI in healthcare, while only 10 percent of businesses in the region are ready or have begun adopting the technology, according to a new report by PwC Middle East.

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Documents show Montana hospital paid $10M to settle radiology fraud lawsuit

Montana-based Bozeman Health Deaconess Hospital paid $10 million to settle a federal lawsuit accusing its radiology department of fraud, according to unsealed court documents reported by the Bozeman Daily Chronicle.

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Costs of invasive lung cancer tests, complication rates higher than previously thought

The results drive home the need to incorporate these risk factors during the shared-decision making process between patients and physicians when evaluating lung cancer screening options for high-risk groups, according to the study's authors.

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Capitol Health Limited acquires 4 radiology clinics from Uniradiology for $5.8M

Capitol Health Limited, a radiology provider based out of Melbourne, Victoria, Australia, announced that it has acquired a network of four clinics in Melbourne from another provider, Uniradiology, for $5.8 million ($8.1 million AUD).

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Montana hospital paid $10M to settle radiology fraud lawsuit

Unsealed court documents have provided new information about a federal lawsuit settled by Bozeman Health Deaconess Hospital in Bozeman, Montana, in November 2018.

Op-ed argues Democrats should lead the way in repealing the medical device tax

A recent op-ed published by Morning Consult urged Democrats in the House and Senate to permanently repeal the 2.3 percent medical device tax in order bring down healthcare costs and promote innovation.

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Radiologists involved in $14.5M ‘wrongful birth’ case in Iowa

Parents of a child with severe disabilities, including cerebral palsy, have been awarded more than $14.5 million in a “wrongful birth” case with roots in a 2017 decision by the Iowa Supreme Court.