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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ROI tool helps communities craft cost-effective CVD prevention plans

The British government has released a new return on investment (ROI) tool to help guide local commissioners in preventing cardiovascular disease and cutting healthcare costs in their communities, Public Health England (PHE) announced last week.

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Viewpoint: Academic missions, physicians suffer in RVU system

The relative value unit (RVU)-based compensation model in U.S. academic medical centers can twist incentives and prioritize clinical productivity over research and teaching, three researchers argued in a viewpoint published Oct. 20 in the European Heart Journal.

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Amgen cuts price of PCSK9 inhibitor by 60%

Amgen is slashing the list price of its PCSK9 inhibitor evolocumab (Repatha) by almost 60 percent, the company announced Oct. 24.

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Georgia hospital opens new $5M IR suite

Piedmont Henry Hospital in Stockbridge, Georgia, has opened a brand new $5 million interventional radiology (IR) suite, which includes seven preparation and recovery areas and a separate room for procedures.

AMIA announces 2018 Signature Award winners

Eight people will be honored during this year’s American Medical Informatics Association annual symposium after winning the organization’s awards that recognize significant contributions in the field of informatics.

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Amazon Web Services joins NIH’s STRIDES Initiative

Researchers associated with the National Institutes of Health (NIH) will have more resources to access and analyze data thanks to a new partnership with Amazon Web Services (AWS).

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Cardiology malpractice suits up 91% from a decade ago

Rates of malpractice lawsuits in cardiology have followed a slow upward trajectory for the past decade and are continuing to climb, according to a review of more than 1,500 liability claims published in the American Journal of Cardiology.

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Radiology techs among 39K medical, union workers striking at UC medical centers

About 15,000 hospital workers, including radiology technicians, began a three-day strike at University of California (UC) medical centers across the state over “unresolved contract talks.” The strike is expected to affect thousands of patients.