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.

Private equity firm jumps into vascular health with new investment
Vascular Technology, first founded 40 years ago, is planning on using the new funds to grow and expand its portfolio.
Female heart surgeons take home much lower salaries
Both base salaries and total compensation are consistently lower for women than men, according to new survey data. The disparities in cardiac surgery are often worse than those found in other healthcare specialties.
El Paso’s Desert Imaging acquired by private equity-backed radiology company
Panos Partners-backed Diagnostic Imaging Centers of Texas now offers radiology services at 23 locations in five markets following the deal.
AMA leader outlines major threats facing U.S. healthcare: Payment cuts, AI denials, immigration bottlenecks and corporate takeovers
American Medical Association Board Trustee Scott Ferguson, MD, FACR, a diagnostic radiologist, explains the urgent need for Medicare payment reform, concerns about Trump administration public health policy, insurance prior authorization, medical student immigration and the rapid growth of private equity ownership of physicians.
Radiologists call for ‘urgent’ update to payer policy they say is based on bogus info
The Society of Interventional Radiology and five additional doc groups recently voiced their displeasure in a letter to Elevance Health.

Apple promotes Giannandrea to SVP of machine learning, AI strategy

John Giannandrea has been named Apple’s senior vice president of machine learning and AI strategy, the company announced Thursday.

Software developer that offers conversational AI acquired for $1B

Minnesota-based multinational conglomerate 3M has acquired speech recognition software developer M*Modal for $1 billion, according to a report by the Pittsburgh Post-Gazette. M*Modal provides healthcare technology and conversational AI-powered systems for transcribing doctors’ verbal notes.

5 challenges deep learning faces in medicine

Though the use of deep-learning techniques has the potential to change several areas of medicine, the technology faces numerous challenges before it can be applied more broadly, according to a viewpoint article published in JAMA Internal Medicine.

MITA applauds 12 governors advocating for permanent medical device tax repeal

The Medical Imaging and Technology Alliance (MITA) applauded 12 U.S. governors for writing a letter strongly encouraging Senate Majority Leader Mitch McConnell, R-Kentucky, and Speaker Paul Ryan, R-Wisconsin, to permanently repeal the medical device tax before the end of the year.

Reports: GE files for IPO of healthcare unit

General Electric (GE) has filed the paperwork for an initial public offering (IPO) for its healthcare unit, GE Healthcare, according to numerous sources familiar with the ongoing situation. The offering is expected to take place by the middle of 2019.

GE reportedly files paperwork for IPO of its healthcare division

Change Healthcare acquires key PokitDok assets, including blockchain use cases and technology

Change Healthcare has announced the acquisition of intellectual property and other assets from PokitDok, a healthcare application program interface (API) company.

AI, big data to have biggest impact on pharma in 2019

AI and big data to have the “greatest technology impact” in the pharmaceutical industry in 2019, according to a recent report by GlobalData.

Economics

Private equity firm jumps into vascular health with new investment

Female heart surgeons take home much lower salaries

El Paso’s Desert Imaging acquired by private equity-backed radiology company

AMA leader outlines major threats facing U.S. healthcare: Payment cuts, AI denials, immigration bottlenecks and corporate takeovers

Radiologists call for ‘urgent’ update to payer policy they say is based on bogus info