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.

Physicians more willing to forego invasive tests, procedures with malpractice caps

Physicians working in states that imposed damage caps for malpractice claims were less likely to perform invasive coronary angiography and percutaneous coronary intervention (PCI) than colleagues in no-cap states, according to a new study in JAMA Cardiology.

Radiology Partners adds 30 client sites in Midwest, Southwest

On Wednesday, June 6, 2018, Radiology Partners announced the addition of 30 client sites—pushing its total hospitals, clinics and imaging centers over 600 in 16 states.

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Athenahealth CEO steps down following admission of domestic violence

Athenahealth CEO Jonathan Bush has announced he is leaving the company following his admission of domestic violence against his former wife, according to Reuters.

Indiana University School of Medicine announces launch of new breast cancer research center

The Indiana University School of Medicine in Indianapolis announced this week the establishment of a new research center dedicated to advanced breast cancer research.

Wearables improve adherence in monitoring those with ischemic heart disease

Researchers from UCLA and Cedars Sinai Medical Center in Los Angeles have found activity trackers to be an effective remote monitoring tool for patients with ischemic heart disease (IHD), according to a study published in JAMIA.

Report: AI could save global healthcare $52B by 2021

The implementation of artificial intelligence (AI) applications in the global healthcare market is set to save the industry $52 billion by 2021, according to a report conducted by ABI Research.

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Visualization dashboards for EHR data improve situational awareness, decrease errors

Visualization dashboards in the intensive care unit (ICU) were able to decrease time spent gathering data and completing tasks, while reducing errors, according to recent research. They also improved situational awareness, guideline compliance and navigation.

Infection prevention programs need 66% more staffing

Infection preventionist and relative support staffing levels need to be 31 to 66 percent higher for healthcare organizations to sustain an effective infection prevention program, according to a study published in the May 2018 issue of the American Journal of Infection Control.