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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Limiting hours of resident shifts improves satisfaction—but not educational outcomes

Limiting medical residents to 16-hour work shifts, instead of allowing for longer stretches, increased satisfaction with training but did not affect overall educational outcomes. Findings were published March 20 in the New England Journal of Medicine.

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Neck injury follow-up MRI may cost patients thousands in unnecessary exams

Unconscious patients suffering from blunt neck injuries may benefit more from a CT scan without a follow-up MRI, reducing excessive costs on imaging exams, according to a study led by Ajay Malhotra, MBBS, MD, associate professor of radiology and biomedical imaging at Yale.

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Pittsburgh radiologist hit with 88-count indictment from federal grand jury for illegally dispensing Vicodin, healthcare fraud

Omar A. Almusa, a 45-year-old Pittsburgh radiologist, has been indicted by a federal grand jury for unlawfully dispensing controlled substances and healthcare fraud.

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Coding and documentation: Not a ‘sexy’ topic—but a crucial one in value-based care

Linda Gates-Striby raised some eyebrows at the American College of Cardiology’s Cardiovascular Summit in February when, in one PowerPoint slide, she showed how much proper documentation and coding could affect a hospital’s quality measures, bottom line—and even a doctor’s reputation.

ACP's Erickson on administrative tasks, reducing physician burnout

In a March 7 session presented at HIMSS18 in Orlando, Shari Erickson, MPH, vice president of government affairs and medical practice at the American College of Physicians (ACP), discussed how healthcare organizations can reduce administrative tasks to reduce physician burnout.

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50% of consumers would change physicians for a better online healthcare experience

A report presented March 5 at HIMSS found 59 percent of American consumers want a healthcare digital customer experience to be more like online retailers.

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AHRA announces campaign to reach 6,000 members

The Association for Medical Imaging Management (AHRA) recently announced a new campaign to reach 6,000 members, according to an association press release.

Siemens Healthineers raises $5.2B with IPO

Siemens’ healthcare division, Siemens Healthineers, began trading on Germany’s stock exchange Friday, raising $5.2 billion (4.2 billion euros) by selling 15 percent of the company. Shares of were issued at 28 euros each but opened at 29.10 euros each.