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.

Minnesota AG sues drugmakers over rising insulin costs

Minnesota’s attorney general filed a lawsuit on Tuesday, Oct. 16, accusing drug manufacturers Sanofi, Novo Nordisk and Eli Lilly of deceptive price increases for insulin.

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Envision Healthcare acquires Decatur Radiology Physicians

Illinois-based Decatur Radiology Physicians (DRP) was acquired by Tennessee-based Envision Healthcare Corp., according to a statement from Edgemont Capital Partners.

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FDA, DHS announce partnership to combat medical device cybersecurity threats

The FDA's Center for Devices and Radiological Health and the Department of Homeland Security's (DHS's) Office of Cybersecurity and Communications announced that they will engage in a collaborative partnership to address medical device cybersecurity by coordinating and sharing information.

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ASRT announces $5K donation to support Hurricane Michael relief efforts

The American Society of Radiologic Technologists (ASRT) has announced it will donate $5,000 to the American Red Cross Hurricane Michael Relief Fund to help with ongoing relief efforts.

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Are part-time cardiologists, diagnostic caths fading away?

The proportion of part-time cardiologists is declining at a time when one would expect health systems to be doing everything they can to keep competent physicians on board, according to MedAxiom’s 2018 Cardiovascular Provider Compensation & Production Survey.

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Breast cancer survivors detail the stress, anxiety of high medical bills

Many women—including insured women with full-time jobs—face significant out-of-pocket costs after being diagnosed with breast cancer. It leads to many hard-to-answer questions: What should they do? Who can they turn to for help?

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Despite Blockchain's potential in healthcare, trust remains an issue

Blockchain isn't just a buzzword in the healthcare industry. Nearly half (49 percent) of executives are developing, piloting or implementing blockchain projects within their healthcare companies, according to a survey by the PwC Health Research Institute.

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ACR presents 24 CPT code recommendations at RUC meeting

The American College of Radiology (ACR) offered 24 Current Procedural Terminology (CPT) codes for valuation during the October 2018 American Medical Association (AMA) Relative Value Scale Update Committee (RUC) meeting in Chicago.