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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Health-insurance technology company raises $205M in new funding round

A San Francisco-based startup that uses a proprietary machine-learning platform to identify the care needs of covered employees has raised $205 million to “address fundamental health insurance service issues that plague U.S. consumers and employers alike.”

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Merit Medical announces acquisition of Brightwater Medical

Merit Medical Systems, a medical device company based out of South Jordan, Utah, has acquired Brightwater Medical.

Wealth, debt and spending: How cardiologists manage their money in 2019

Cardiologists’ salaries are up, their savings are steady and their debt is minimal, according to Medscape’s annual Cardiologist Wealth and Debt Report.

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Cardiologist found guilty of billing insurers $13M for needless angina treatments

An eight-day trial and two-hour jury deliberation has culminated in the conviction of Pennsylvania cardiologist Samirkumar J. Shah, who on June 14 was found guilty of two counts of healthcare fraud for falsely billing insurers for unnecessary angina treatments.

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Autonomous Radiology Groups Join Forces Under ‘Unified’ Banner

Sponsored by Unified Radiology

It was only recently that 10 radiology practices from around the United States formed a new managed services organization (MSO), named it Unified Radiology and took aim at securing independence for each member practice. Almost immediately, members discovered that the modest investment of time creating the MSO would result in significant financial returns, now and in the future.

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AI-focused therapeutics company raises $76M

BlackThorn Therapeutics, a clinical-stage neurobehaviorial health company, has raised $76 million in a Series B funding round, the company announced June 13.  

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Show me the money: Reports highlight imaging’s billion-dollar impact on state economies

The Medical Imaging & Technology Alliance (MITA) has published three new reports exploring the medical imaging industry’s impact on state economies.

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AMA updates advocacy aims for AI in healthcare

The American Medical Association is pushing for policies around AI in healthcare that don’t penalize physicians who avoid the technology while it’s still in a state of flux on so many fronts, from regulatory oversight to clinical usefulness.