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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MaxQ AI announces new distribution agreement with EnvoyAI

MaxQ AI has announced a new distribution agreement with EnvoyAI, a subsidiary of TeraRecon, that will make its Accipio intracranial hemorrhage (ICH) platform available through the EnvoyAI Exchange marketplace.

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National healthcare spending slowed down in 2017

National healthcare spending grew at a rate of 3.9 percent to $3.5 trillion in 2017, according to a prepared statement from CMS. That number is down from 2016, when spending grew 4.8 percent.

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Report: United States needs a national AI strategy

The United States could fall behind in the AI revolution if the country does not adopt a national strategy, according to a report by the Center for Data Innovation.

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Medtronic settles DOJ claims against acquired companies for $50.9M

Medtronic has agreed to pay the U.S. Department of Justice (DOJ) a total of $50.9 million to settle three claims against Covidien and ev3, two companies Medtronic acquired in 2015.

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Legal team of convicted radiologist argues he deserves lighter sentence for distributing pain pills

Former University of Pittsburgh Medical Center (UPMC) radiologist Marios D. Papachristou, who pleaded guilty in May to federal charges of healthcare fraud, faces a prison term of up to 46 months—but he is now saying he deserves probation and not jail time.

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Fujifilm, Intalere announce new partnership

Fujifilm Medical Systems U.S.A. has announced a new partnership with Intalere, a St. Louis, Missouri-based supply chain company, that will make Fujifilm’s endoscopy portfolio available to Intalere members at reduced price points.

Cardiologist pleads guilty to prescribing oxycodone for financial gain

A cardiologist based in Elko, Nevada, pleaded guilty Nov. 26 to prescribing two highly addictive drugs—oxycodone and hydrocodone—to patients over a five-month period without legitimate medical reasons, U.S. Attorney Dayle Elieson announced.

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IE hospitalizations linked to drug use jumped 12-fold in NC over decade

Hospitalizations for drug use-associated infective endocarditis (DUA-IE) increased 12-fold in North Carolina in one decade, according to a new study, and nearly half of all IE valve surgeries from late 2016 through mid-2017 were performed in patients with DUA-IE.