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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Healthcare groups oppose rule extending short-term insurance plans

Healthcare advocacy groups expressed concern with the Trump administration’s final rule on short-term insurance plans, saying the decision to extend those limited plans for up to three years could destabilize other insurance markets and leave patients covered by such plans exposed to catastrophic costs.

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Female radiologists in Maryland make much less than male counterparts

In Maryland, annual compensation is lower for female radiologists than it is for male counterparts, according to new survey data collected by Merritt Hawkins.

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North Carolina MD's affordable MRI center prohibited by state legislation

After Gajendra Singh, MD, was quoted $1,200 for an ultrasound at his local hospital’s outpatient department, he decided to open his own low-cost imaging center in Winston-Salem, North Carolina. But that’s where his problems began, Vox reported.

AI can't match a physician's 'gut instinct' when examining a patient

New research from the Massachusetts Institute of Technology (MIT) suggests a physician's intuition—or, in other words, gut feeling—about a patient’s condition significantly influences the amount of diagnostic imaging, which is well above the capabilities of artificial intelligence (AI).

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Pre-operative 3D image simulation does not improve satisfaction with breast augmentation

Advanced imaging techniques have shown great potential in improving diagnosis and treatment of various conditions. But a recent study of patients undergoing breast augmentation surgery showed 3D image simulation did not improve satisfaction post-procedure, though most patients preferred the use of the imaging technique.

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Can self-reported data from patients be trusted? Depends on the outcome

As the saying goes, You can’t always believe what you hear. But when it comes to patients self-reporting health care utilization, just how accurate can people be? A study, published July 30 in the Journal of Medical Internet Research, examined patients’ abilities to recall complications in the 90 days after orthopedic procedures through an automated online patient engagement survey.

Video recording could limit communication breakdowns between physicians, nurses

Memories aren’t the perfect carbon copies of reality many people believe them to be. One person’s interpretation of an event could be quite different from another participant. Researchers hoped to limit communication breakdowns between nurses and physicians by recording video of interactions, so the participants could review and critique them.

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What does it take to perform an optimal cost-effectiveness analysis in radiology?

Performing a cost-effectiveness analysis (CEA) is a crucial part of the decision-making process for any imaging provider. The industry lacks consistency when it comes to exactly how CEAs are carried out, however, which can make their conclusions less reliable.