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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Canon Medical Systems, Manchester United Football Club renew imaging collaboration

Manchester United Football Club and Canon Medical Systems Europe announced they have officially renewed their clinical collaboration.

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FDA axes bid to add CVD indication for canakinumab

The FDA rejected Norvartis’ bid to expand the indications for canakinumab to include cardiovascular risk reduction among heart attack survivors, Reuters reported Oct. 18.

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How U.S. hospitals could save $25.4B on supply chain costs

Hospitals across the United States spent approximately $25.4 billion more than necessary this year on supply chain operations, according to a new report from Chicago-based Navigant Consulting. That number is up more than 10 percent compared to 2017.

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Novartis to acquire Indiana-based Endocyte for $2.1B

Novartis, a large healthcare company based in Basel, Switzerland, has agreed to acquire Endocyte, a West Lafayette, Indiana-based biopharmaceutical company, for $2.1 billion.

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Silicon Valley is investing in top-tier cardiologists—here’s why

Silicon Valley has seen an influx of world-renowned cardiologists lately—a phenomenon that’s likely the result of increased attention to healthcare in the tech industry—CNBC reported.

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Gauss raises $20M for AI-based digital imaging platform

Gauss Surgical, a Los Altos, California-based healthcare technology company, announced that it raised $20 million in Series C funding to speed up the adoption of its Triton platform and develop new solutions.

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Radiologist says he was forced out of job after complaining about workplace bullying

Dr. Thomas Mammen, a radiologist currently working in Brandon, Manitoba, Canada, is suing the Winnipeg Regional Health Authority (WRHA) for allegedly forcing him out of his job after he complained about workplace bullying.

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MITA supports research denouncing US medical device tax

A new study by the Pacific Research Institute (PRI) showing that the Affordable Care Act’s medical device tax is significantly flawed has gained support from the Medical Imaging and Technology Alliance (MITA), according to a recent MITA news release.