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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Hospitals begin posting prices online, but is it helping patients?

A new federal law took effect Jan. 1 requiring all hospitals to post their list prices online. But, as it turns out, what appears online may end up confusing price-conscious patients more than helping them.

California hospital begins $18.37M upgrade to its radiology department

Natividad Medical Center in Salinas, California, has started an $18.37 million upgrade to its radiology department that is expected to take two to three years to complete.

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HHS, industry leaders release voluntary cybersecurity practices for healthcare

Amid widespread concerns about hacking threats and privacy, HHS and industry leaders released voluntary cybersecurity practices to help protect healthcare organizations from threats and keep patient information safe.

AI in healthcare market to reach $36.1B by 2025

The AI in healthcare market is expected to grow from $2.1 billion in 2018 to $36.1 billion by 2025, according to a report by Markets and Markets.

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Newly-formed alliance for AI in healthcare to officially launch

The newly-formed Alliance for Artificial Intelligence in Healthcare will officially launch this month, with its first board meeting set for Jan. 9 in San Francisco.

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Study links HRRP to mortality increases for heart failure, pneumonia

Another study has linked the Hospital Readmissions Reduction Program (HRRP) to increased mortality among patients hospitalized for heart failure, prompting at least one cardiologist to urge policymakers to revise the policy.

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Stroke patient billed $474K for medical flight

A 34-year-old stroke patient was stuck with a bill for nearly a half-million dollars after taking a flight from Wichita, Kansas, to Boston to see a neurosurgeon.

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Federal rule to increase price transparency of medical services, including imaging

A new federal law proposed by CMS took effect on Jan. 1, requiring hospitals to publish online price lists for medical imaging and all other services they provide, according to a recent report by Newsweek.