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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Gates Foundation partnership to bring affordable, durable ultrasound to developing countries

Draper, a not-for-profit research and development company, announced an agreement with the Bill & Melinda Gates Foundation to bring ultrasound imaging systems to developing countries to help address high-risk pregnancies.

Wolters Kluwer Health acquires Firecracker

Wolters Kluwer Health acquired Firecracker, an adaptive learning and study-planning application used by 20 percent of medical students, following a March 5 announcement of a signed agreement.

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Ranking the 10 best radiology programs in the US

Harvard Medical School has the country’s highest-ranked radiology program for incoming graduate students, beating out competitors such as Johns Hopkins and Stanford for first place, the U.S. News and World Report announced this month.

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Limiting hours of resident shifts improves satisfaction—but not educational outcomes

Limiting medical residents to 16-hour work shifts, instead of allowing for longer stretches, increased satisfaction with training but did not affect overall educational outcomes. Findings were published March 20 in the New England Journal of Medicine.

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Neck injury follow-up MRI may cost patients thousands in unnecessary exams

Unconscious patients suffering from blunt neck injuries may benefit more from a CT scan without a follow-up MRI, reducing excessive costs on imaging exams, according to a study led by Ajay Malhotra, MBBS, MD, associate professor of radiology and biomedical imaging at Yale.

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Pittsburgh radiologist hit with 88-count indictment from federal grand jury for illegally dispensing Vicodin, healthcare fraud

Omar A. Almusa, a 45-year-old Pittsburgh radiologist, has been indicted by a federal grand jury for unlawfully dispensing controlled substances and healthcare fraud.

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Coding and documentation: Not a ‘sexy’ topic—but a crucial one in value-based care

Linda Gates-Striby raised some eyebrows at the American College of Cardiology’s Cardiovascular Summit in February when, in one PowerPoint slide, she showed how much proper documentation and coding could affect a hospital’s quality measures, bottom line—and even a doctor’s reputation.

ACP's Erickson on administrative tasks, reducing physician burnout

In a March 7 session presented at HIMSS18 in Orlando, Shari Erickson, MPH, vice president of government affairs and medical practice at the American College of Physicians (ACP), discussed how healthcare organizations can reduce administrative tasks to reduce physician burnout.