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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2 key trends driving the future of medical imaging (and 3 to keep an eye on)

Artificial intelligence (AI) and blockchain are two titanic trends driving the future of medical imaging, according to an in-depth analysis published in the Journal of the American College of Radiology. The study’s authors also assessed other trends that continue to gain momentum.

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‘Wallet biopsies’ common for organ transplant candidates

A hospital’s suggestion that a Michigan woman raise $10,000 before being considered for a heart transplant fueled outrage last month, but that situation isn’t all that uncommon, according to a Dec. 5 story from Kaiser Health News.

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Several healthcare startups named as finalists for IBM Watson's AI competition

Thirty teams are advancing in IBM Watson’s international AI competition, with healthcare startups making up more than half of the top 10 finalists.

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‘A match made in tobacco heaven’: AHA slams potential Altria-Juul partnership

A possible deal between controversial e-cigarette company Juul and tobacco giant Altria could be a matter of weeks away, the Wall Street Journal reported in late November—and Nancy Brown, CEO of the American Heart Association, isn’t pleased at the prospect.

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Industry companies paid US cardiologists $520M in 3-year span

Industry payments to cardiologists remained largely stable in the first three years those payments were made publicly available, a new analysis found, with biomedical manufacturers distributing about $520 million to more than 30,000 U.S. cardiologists from 2014 to 2016.

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Strategic Radiology receives $282K grant to study patient communication in the ED

Strategic Radiology has received a $282,000 grant from the Coverys Community Healthcare Foundation (CCHF) to study patient communication of incidental findings in the emergency department (ED).

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An ‘ongoing uncertainty’: How reliable are national CV hospital rankings?

Hospitals ranked highest for cardiology and heart surgery by the U.S. News and World Report (USNWR) boast lower 30-day mortality rates for acute MI, heart failure and coronary artery bypass grafting (CABG), according to research published in JAMA Cardiology—but those same hospitals also see similar or higher readmission rates compared with hospitals that aren't ranked at all.

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What can radiologists do to avoid malpractice claims?

The Cooperative of American Physicians (CAP) has released a new data study that explores factors commonly associated with diagnostic errors in radiology and suggests ways practices can improve patient care while avoiding malpractice claims.