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.

PCSK9 inhibitor alirocumab not cost-effective despite price cut

The recent price cuts of the PCSK9 inhibitor alirocumab (Praluent) aren’t enough to make the cholesterol-lowering drug cost-effective compared to ezetimibe, according to an analysis published in the Jan. 1 issue of the Annals of Internal Medicine.

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Chest imaging utilization in the ED up significantly in last 20 years

Chest imaging utilization in the emergency department (ED), including both x-rays and CT examinations, has increased in the last two decades, according to new findings published by the Journal of the American College of Radiology.

Verily raises $1B in investment round

Verily, a subsidiary of Google parent company Alphabet, raised $1 billion in investment funding to support growth in strategic partnership investments, global business development opportunities and potential acquisitions, the company announced Jan. 3.

Colorado, Texas radiology practices partner to launch 2 new companies

Denver-based Radiology Imaging Associates and San Antonio-based South Texas Radiology Group have partnered to create Covalent Radiology, a professional services company, and Covalent Healthcare Management, a full-service management services organization.

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WSJ: Insurers pocketed $9.1B from Medicare by overestimating drug spending

A Wall Street Journal investigation detailed how private health insurers have regularly overestimated the cost of covering prescription drug benefits for Medicare enrollees, allowing the insurers to keep $9.1 billion more from 2006 to 2015 than if their projections had been accurate.

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AI in healthcare market expected to hit $36.1B by 2025

The artificial intelligence (AI) in healthcare market is expected to reach $36.1 billion by 2025, according to a new report from the research firm MarketsandMarkets.

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Hospitals begin posting prices online, but is it helping patients?

A new federal law took effect Jan. 1 requiring all hospitals to post their list prices online. But, as it turns out, what appears online may end up confusing price-conscious patients more than helping them.

California hospital begins $18.37M upgrade to its radiology department

Natividad Medical Center in Salinas, California, has started an $18.37 million upgrade to its radiology department that is expected to take two to three years to complete.