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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Patients more likely to contract central line infections in semi-private hospital rooms

Patients staying in semi-private hospital rooms have a greater chance of contracting a central line-associated bloodstream infections (CLABSI) when compared to those in private rooms, according to a study published in PLOS One.

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MUSC, Siemens Healthineers team up to improve healthcare in South Carolina

The Medical University of South Carolina (MUSC) and Siemens Healthineers have announced a new strategic partnership focused on improving healthcare throughout South Carolina. The collaboration will aim to innovate in target areas such as radiology, pediatric care, cardiovascular care and neurosciences.

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AHA president touts $2B NIH budget increase as ‘tremendous triumph’ for research

American Heart Association (AHA) president Ivor J. Benjamin, MD, is standing behind last week’s passage of Senate funding bill HR6157, calling the move “a tremendous triumph for the National Institutes of Health (NIH) and for every patient who will benefit from its research.”

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Assistive surgical devices earn top prizes at biomedical design competition

Several assistive surgical devices took home top prizes during this year’s Design by Biomedical Undergraduate Teams (DEBUT) challenge, arranged by the National Institute of Biomedical Imaging and Bioengineering (NIBIB) and VentureWell.

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‘Doctors do just fine’: Critics respond to NYU’s free med school plan

When the New York University School of Medicine announced on Aug. 16 it would cover the full cost of tuition for all medical students, school officials lauded the move as a way to end debts exceeding $200,000 for graduating students and attract applicants from various socioeconomic backgrounds.

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States that approved Medicaid expansion see fewer uninsured CVD hospitalizations

A JAMA analysis of more than three million non-Medicaid hospitalizations has found states that opted to expand Medicaid under the Affordable Care Act years ago are now seeing lower rates of uninsured hospitalizations for major heart events.

‘Doctors do just fine’: Critics respond to NYU’s free med school plan

“As I start rank ordering the various charities I want to give to, the people who can pay for medical school in cash aren’t at the top of my list,” Craig Garthwaite, PhD, a health economist at Northwestern University, told Kaiser Health News.

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Out-of-pocket costs 112% more for breast cancer survivors with lymphedema

For patients with breast cancer, out-of-pocket costs can carry a heavy burden. According to a recent Journal of Supportive Care and Cancer study, those costs can last years after diagnosis—climbing higher for those with lymphedema.