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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China threatens $60B tariffs on US goods, including medical imaging equipment

China announced on Friday, Aug. 3, its plans to impose $60 billion in new tariffs on more than 5,000 imported U.S. products, including medical imaging equipment such as x-ray tubes, CT and MRI systems and ultrasonic scanning devices.

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Suspect in George H.W. Bush cardiologist shooting kills himself

Joseph James Pappas, the accused gunman in the shooting of former president George H.W. Bush’s cardiologist Mark Hausknecht, MD, shot himself in the head after being confronted by law enforcement officers who were attempting to arrest him in Houston. He was formally charged with the murder of Hausknecht on Thursday, August 2.

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Lung cancer screening guidelines may be inadequate for minorities, underrepresented populations

Current lung cancer screening guidelines, developed based on results from a 2011 study, may be inadequate for high-risk minorities and those in underrepresented communities, researchers at the University of Illinois at Chicago reported in a JAMA Oncology study.

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Healthcare groups oppose rule extending short-term insurance plans

Healthcare advocacy groups expressed concern with the Trump administration’s final rule on short-term insurance plans, saying the decision to extend those limited plans for up to three years could destabilize other insurance markets and leave patients covered by such plans exposed to catastrophic costs.

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Female radiologists in Maryland make much less than male counterparts

In Maryland, annual compensation is lower for female radiologists than it is for male counterparts, according to new survey data collected by Merritt Hawkins.

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North Carolina MD's affordable MRI center prohibited by state legislation

After Gajendra Singh, MD, was quoted $1,200 for an ultrasound at his local hospital’s outpatient department, he decided to open his own low-cost imaging center in Winston-Salem, North Carolina. But that’s where his problems began, Vox reported.

AI can't match a physician's 'gut instinct' when examining a patient

New research from the Massachusetts Institute of Technology (MIT) suggests a physician's intuition—or, in other words, gut feeling—about a patient’s condition significantly influences the amount of diagnostic imaging, which is well above the capabilities of artificial intelligence (AI).

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Pre-operative 3D image simulation does not improve satisfaction with breast augmentation

Advanced imaging techniques have shown great potential in improving diagnosis and treatment of various conditions. But a recent study of patients undergoing breast augmentation surgery showed 3D image simulation did not improve satisfaction post-procedure, though most patients preferred the use of the imaging technique.