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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Authentic4D raises $5M to grow business

Authentic4D, a Detroit-based company focused on medical imaging review technology, announced this week that it has raised $5 million to enhance its analytics platform. The funds will also go toward expanding the company’s sales and service capabilities.

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Top OHSU cardiologist resigns from leadership role after transplant program crumbles

Sanjiv Kaul, MD, director of the Knight Cardiovascular Institute at Oregon Health and Science University, announced he’ll be stepping down from his leadership role by the end of this year following the disassembly of the university’s heart transplant team a month ago. Kaul is expected to remain at OHSU, but will focus solely on research. 

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Diagnostic imaging facility operator indicted for $284M in fraud

Sam Sarkis Solakyan, the owner and operator of diagnostic imaging facilities across California, was arrested on Sept. 26 for fraud—including conspiracy to commit honest services mail fraud and health care fraud.

California vetoes breast and ovarian cancer screening bill

California Gov. Jerry Brown has vetoed the state’s breast and ovarian cancer screening legislation, AB 2342.

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Did the HRRP lower readmissions at the cost of patient safety? The debate continues

The Hospital Readmissions Reduction Program (HRRP) has successfully slashed readmissions for heart failure, acute MI (AMI) and pneumonia without causing mortality increases, according to an analysis of Medicare data published in JAMA Network Open. But the author of an accompanying editorial isn’t convinced the results are so positive.

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FDA: Florida radiologist’s mammograms have ‘serious image quality deficiencies’

Patients were unable to get their imaging records—including mammograms—from Deerfield Beach, Florida-based imaging center Radiology Express when the practice’s doors closed late last year. Owner and radiologist Kaya Colak, MD, said his business couldn’t pay its bills, so his employees quit.

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AHA, Joint Commission merge cardiac accreditation programs

The American Heart Association and Joint Commission have merged their separate cardiac accreditation programs to offer a single joint certification starting Jan. 1, 2019, the organizations announced this week.

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MITA shows support of new radiopharmaceutical legislation

The Medical Imaging & Technology Alliance (MITA) has issued a statement in support of the recently introduced Medicare Diagnostic Radiopharmaceutical Payment Equity Act of 2018 (H.R. 6948).