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.

Report: AI could save global healthcare $52B by 2021

The implementation of artificial intelligence (AI) applications in the global healthcare market is set to save the industry $52 billion by 2021, according to a report conducted by ABI Research.

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Visualization dashboards for EHR data improve situational awareness, decrease errors

Visualization dashboards in the intensive care unit (ICU) were able to decrease time spent gathering data and completing tasks, while reducing errors, according to recent research. They also improved situational awareness, guideline compliance and navigation.

Infection prevention programs need 66% more staffing

Infection preventionist and relative support staffing levels need to be 31 to 66 percent higher for healthcare organizations to sustain an effective infection prevention program, according to a study published in the May 2018 issue of the American Journal of Infection Control.

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FDA reclassification proposal could ease approval process for CAD software

The FDA has proposed reclassifying medical image analyzers used in mammography for breast cancer, ultrasound for breast lesions, x-ray for lung nodules and x-ray for dental caries as class II medical devices instead of class III.

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Online consumer ratings of healthcare providers are highly skewed

This shouldn't be too surprising, but you can't always believe what you read on the internet. The online consumer ratings of healthcare providers are highly skewed, differ by specialty and fall within narrow margins, according to a study published May 9 in the Journal of Medical Internet Research.

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Researchers estimate false-positive breast biopsies cost US healthcare system more than $2B annually

False-positive breast biopsies cost the U.S. healthcare system approximately $2.18 billion each year, according to a study published in ClinicoEconomics and Outcomes Research.

Drawing application helps elderly, impaired patients to pinpoint pain

Researchers from Hannover Medical School in Germany have developed a tablet-based symptom drawing application to provide clinicians and patients with a way to assess pain. The team published its findings May 30 in JMIR mHealth and uHealth.

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Trump: Proposed tariffs on Chinese imports—including medical imaging equipment—are 'back on the table'

President Donald Trump announced on Tuesday, May 29, that proposed tariffs on $50 billion worth of Chinese imported goods, including medical imaging equipment, are back on the table.