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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Proposed tariffs on Chinese imports, including medical imaging equipment, back on the table

On Tuesday, May 29, President Donald Trump indicated the U.S. would proceed with its planned tariffs on $50 billion in Chinese imports.

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Radiology treatment in Scotland ‘a postcode lottery’ after global recruitment drive fails

An initiative to boost Scotland’s radiologist count by at least 10 percent in the midst of a national shortage “has failed,” The Herald Scotland reported, leaving cancer patients across the country without access to potentially life-saving treatments.

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Less educated, nonwhite patients appreciate access to clinician notes the most

Patients who are nonwhite and less educated value patient portals to view clinician notes more than white and educated patients, according to a study published May 24 in the Journal of Medical Internet Research.

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Pfizer to pay $24M settlement in copay kickback case

Pfizer gave more than $10 million to a charity for heart patients while dramatically increasing the price of one of its antiarrhythmic drugs, deflecting costs from patients and leaving Medicare with a bigger bill, the U.S. Justice Department said in a May 24 settlement statement.

Inefficient imaging: Providers overutilize resources when treating women with breast pain

Breast pain impacts more than half of all women and affects the quality of life of 41 percent of women. Healthcare resources are overutilized to treat these patients, according to a new study published in the American Journal of Roentgenology, suggesting imaging providers should pay closer attention to recommended protocols and referring physicians may need additional education.

Medtronic Reports Fourth Quarter And Fiscal Year 2018 Financial Results

DUBLIN — May 24, 2018 — Medtronic plc (NYSE: MDT) today announced financial results for its fourth quarter and fiscal year 2018, which ended April 27.

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Patient adherence dropped after more expensive P2Y12 inhibitors became available

Once more expensive P2Y12 inhibitors hit the U.S. market, the percentage of patients not filling prescriptions for any P2Y12 inhibitor after percutaneous coronary intervention (PCI) increased from 6 percent to 19 percent, researchers reported in JAMA Internal Medicine.

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ACR elects Geraldine McGinty as 1st woman chair

Geraldine McGinty, MD, MBA, has been elected Chair of the American College of Radiology (ACR) board—the first woman named to the position in the history of the organization.