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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Cardiologist agrees to $5.8M settlement for implanting dozens of unnecessary stents

A seven-years long whistleblower lawsuit against Kansas cardiologist Joseph Galichia ended May 30 with a $5.8 million settlement, the Wichita Eagle reported.

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How board members should think about AI

With AI being a buzzword in healthcare, board members of organizations need to know how best to consider the technology.

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New president takes over at ISMRM

The International Society for Magnetic Resonance in Medicine (ISMRM) Board of Trustees also introduced the new editor of its Magnetic Resonance in Medicine journal.

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AFib market expected to reach $14.7B by 2026

The atrial fibrillation market is projected to reach $14.68 billion by 2026, according to recent estimates from market research company Reports and Data.

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AI lights the way for nurses looking to provide ‘extraordinary’ care

An AI analysis of hospital patients’ satisfaction with the care they received from their nurses has shown two things. One, the technology can guide nurses as they strive to optimize the hospital experience for patients and their families. Two, nurses can help advance AI in healthcare.

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Immigrant with heart failure, CAD deported without adequate access to healthcare

An undocumented immigrant living in Brooklyn, N.Y., was deported to his home country last Wednesday after ICE officials ignored attorneys’ requests to keep him in the U.S. for much-needed medical treatment, WNYC reported.

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ACC names 1st-ever director of diversity and inclusion

Ranna Parekh, MD, MPH, has been named by the American College of Cardiology as its first director of diversity and inclusion, according to a statement issued by the College May 23.

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Comcast working on its own voice technology for in-home monitoring

Comcast is venturing into the health business with a new technology that aims to monitor people’s health at home, CNBC reported. The device has been likened to Amazon’s AI-powered voice technology Alexa.