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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Screening tool detects early cognitive decline from home

Researchers from Switzerland and the United Kingdom have developed an in-home screening tool capable of testing early cognitive decline in dementia.

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7 ways digital health is transforming patient care

Digital tools are changing the way patients think about healthcare and how they want to access care, according to a survey conducted by Aetna.

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Radiology departments lose $1M a year due to no-shows

Outpatient no-shows for scheduled imaging exams can cost a radiology department at a standard U.S. academic medical center as much as $1 million in lost revenue per year, according to a study published in Academic Radiology.

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Language processing algorithm 97.6% accurate using clinical data to detect disease symptoms

Researchers have developed a natural language processing algorithm, trained on clinical record data, capable of detecting disease symptoms with high accuracy, according to a study published June 15 in the JMIR Medical Informatics.

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5 ways to close the ‘unacceptable gap’ in cancer care between developed, developing nations

Filling the noticeable gap in quality cancer care between high- and low-income countries is a daunting task, but one that’s worth the effort, a group of experts recently reported in Radiotherapy and Oncology.

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Radiologist sentenced to 10 years in prison, $250K fine for kickback scheme

Radiologist Ronald Grusd, MD, has been sentenced to 10 years in federal prison and ordered to pay a $250,000 fine after being found guilty of fraud and bribery in connection with a detailed kickback scheme back in December 2017.

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Physician compensation tied to patient satisfaction, outcomes

The shift by insurance companies from reimbursement to fee-for-service has impacted the way physicians and practices are receiving compensation. In a recent survey conducted by Merritt Hawkins, researchers noted 25 percent of physicians have “compensation tied to quality and patient experience metrics.”

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NIH shuts down study on moderate drinking and cardiovascular health

The National Institutes of Health (NIH) has shut down a $100 million study designed to settle the question over whether one alcoholic beverage per day is part of a heart-healthy diet.