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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Connecticut cardiologist sentenced to prison time, $500K fine for insider trading

A Weston, Connecticut, cardiologist was sentenced to six months in prison and handed a $500,000 fine this week after illegally trading stock in a life sciences company, the Associated Press reports.

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Trade war’s impact on medical technology industry a focus at MedTech Conference

The ongoing trade war between the United States and China, one of 2018’s biggest economic storylines, has continued to be a hot topic among healthcare providers and vendors.

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68 cataract patients left nearly blind after receiving injections of knockoff drug

Nearly 70 cataract patients are partially blind after receiving a knockoff version of a drug, according to a report by BuzzFeed News.

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Most countries won’t meet UN's 2030 target for reducing NCD deaths

The majority of the world’s countries aren’t on track to meet the United Nations' target of reducing premature deaths from noncommunicable diseases (NCDs) by a third by 2030, researchers report in the current edition of the Lancet.

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UK radiologist exec calls for more government investment to combat staffing shortages

Increasing demand has outpaced the number of radiologists being appointed in the U.K. According to the latest figures from June, 502 patients waited more than six weeks for a CT scan, while 625 individuals waited that long for an ultrasound.

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Stroke centers may be penalized for accepting sicker transfer patients

Risk-adjustment models assessing hospitals’ stroke outcomes should include patient transfer status, argue the authors of a new study, who found centers that accepted more transfer patients treated a sicker population and experienced higher mortality rates.

US counties with denser Hispanic populations see more CVD death

U.S. counties heavily populated by Hispanics see higher rates of cardiovascular death than more diverse communities, according to a Journal of the American Heart Association report—a phenomenon that’s likely owed to a combination of language barriers, economic disadvantages and lack of access to quality healthcare.

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Industry groups, ACR call on Congress to pass Medicare bill for virtual colonoscopy coverage

Multiple patient and provider groups have joined the American College of Radiology (ACR) in a call on Congress to pass the CT Colonography Screening for Colorectal Cancer Act (S.3456/H.R. 1298), according to an ACR release.