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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Pfizer to pay $24M settlement in copay kickback case

Pfizer gave more than $10 million to a charity for heart patients while dramatically increasing the price of one of its antiarrhythmic drugs, deflecting costs from patients and leaving Medicare with a bigger bill, the U.S. Justice Department said in a May 24 settlement statement.

Inefficient imaging: Providers overutilize resources when treating women with breast pain

Breast pain impacts more than half of all women and affects the quality of life of 41 percent of women. Healthcare resources are overutilized to treat these patients, according to a new study published in the American Journal of Roentgenology, suggesting imaging providers should pay closer attention to recommended protocols and referring physicians may need additional education.

Medtronic Reports Fourth Quarter And Fiscal Year 2018 Financial Results

DUBLIN — May 24, 2018 — Medtronic plc (NYSE: MDT) today announced financial results for its fourth quarter and fiscal year 2018, which ended April 27.

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Patient adherence dropped after more expensive P2Y12 inhibitors became available

Once more expensive P2Y12 inhibitors hit the U.S. market, the percentage of patients not filling prescriptions for any P2Y12 inhibitor after percutaneous coronary intervention (PCI) increased from 6 percent to 19 percent, researchers reported in JAMA Internal Medicine.

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ACR elects Geraldine McGinty as 1st woman chair

Geraldine McGinty, MD, MBA, has been elected Chair of the American College of Radiology (ACR) board—the first woman named to the position in the history of the organization.

Half of medication-related harm in discharged patients is preventable

Harm from medicines occurs in one in three older patients following discharge, 50 percent of which is preventable. Findings were published May 22 in the British Journal of Clinical Pharmacology.

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Tablet use before bed could spell trouble for sleep patterns

The use of light-emitting tablets near bedtime could delay sleep, suppress melatonin production and hinder next-morning alertness, according to a study published May 22 in Physiological Reports.

University of Buffalo gains ACGME approval for new radiology residency program

The Jacobs School of Medicine and Biomedical Sciences at the University of Buffalo (UB) has gained approval from the Accreditation Council for Graduate Medical Education (ACGME) for its new radiology residency program.