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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Assistive surgical devices earn top prizes at biomedical design competition

Several assistive surgical devices took home top prizes during this year’s Design by Biomedical Undergraduate Teams (DEBUT) challenge, arranged by the National Institute of Biomedical Imaging and Bioengineering (NIBIB) and VentureWell.

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‘Doctors do just fine’: Critics respond to NYU’s free med school plan

When the New York University School of Medicine announced on Aug. 16 it would cover the full cost of tuition for all medical students, school officials lauded the move as a way to end debts exceeding $200,000 for graduating students and attract applicants from various socioeconomic backgrounds.

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States that approved Medicaid expansion see fewer uninsured CVD hospitalizations

A JAMA analysis of more than three million non-Medicaid hospitalizations has found states that opted to expand Medicaid under the Affordable Care Act years ago are now seeing lower rates of uninsured hospitalizations for major heart events.

‘Doctors do just fine’: Critics respond to NYU’s free med school plan

“As I start rank ordering the various charities I want to give to, the people who can pay for medical school in cash aren’t at the top of my list,” Craig Garthwaite, PhD, a health economist at Northwestern University, told Kaiser Health News.

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Out-of-pocket costs 112% more for breast cancer survivors with lymphedema

For patients with breast cancer, out-of-pocket costs can carry a heavy burden. According to a recent Journal of Supportive Care and Cancer study, those costs can last years after diagnosis—climbing higher for those with lymphedema.

Breast cancer survivors pay 112% more out-of-pocket when diagnosed with lymphedema

Out-of-pocket healthcare costs associated with breast cancer can already be enough to dramatically change a patient’s life. According to a new study published in Supportive Care in Cancer, those costs are even higher for survivors suffering from lymphedema.

Strategic Radiology announces addition of Georgia-based Radiology Associates of Macon

Strategic Radiology announced Thursday, Aug. 23, that Macon, Georgia-based Radiology Associates of Macon has joined its coalition of private radiology practices.

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NEMA urges USTR to ‘minimize collateral damage’ with any additional Chinese tariffs

Kevin J. Cosgriff, president and CEO of the National Electrical Manufacturers Association (NEMA), testified Tuesday, Aug. 21, that NEMA and its member companies hope the Office of the U.S. Trade Representative (USTR) can ensure that any additional tariffs on Chinese products come with specific targets and time limits in place.