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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MITA backs House repeal of medical device tax, calls for Senate action

The Medical Imaging & Technology Alliance (MITA) voiced its support for the U.S. House of Representative’s vote to repeal the 2.3 percent medical device tax and called on the Senate to follow suit.

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NEMA leadership testifies on potential impact of latest tariffs

The National Electrical Manufacturers Association (NEMA) testified this week in front of the Office of U.S. Trade Representative (USTR) on the potential harm that could result from the U.S. government’s latest round of proposed tariffs on products imported from China.

FDA approves TBI blood test that could reduce need for head CTs by 1/3

A blood test administered within 12 hours of a suspected traumatic brain injury (TBI) could help clinicians identify injuries like hemorrhage and contusion before having to resort to CT imaging, according to the preliminary results of a study published this week in the Lancet Neurology.

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Cleveland Clinic’s ex-CEO Cosgrove to be advisor to Google Cloud

Former CEO and president of the Cleveland Clinic, Toby Cosgrove, MD, will be an executive advisor to Google Cloud’s healthcare and life sciences team.

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House votes to repeal medical device tax

The U.S. House of Representatives has voted to repeal the medical device tax, originally implemented as a piece of President Barack Obama’s Affordable Care Act, by a vote of 283 to 132. Fifty-seven Democrats voted with Republicans to eliminate the 2.3 percent tax. All eyes are now on the Senate to see what may happen next.

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House votes to permanently repeal 2.3% medical device tax

The U.S. House of Representatives voted to repeal the 2.3 percent medical device tax that was implemented as part of the Affordable Care Act. The House voted 283 to 132, with 57 Democrats joining Republicans.

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House permanently repeals 2.3% medical device tax

The U.S. House of Representatives voted to repeal the 2.3 percent medical device tax that was implemented as part of the Affordable Care Act. The House voted 283 to 132, with 57 Democrats joining Republicans.

Recruitment incentives for cardiologists at ‘unprecedented’ levels

Invasive cardiologists ranked No. 1 of all subspecialties with an average starting salary of $590,000, according to Merritt Hawkins’ 2018 report. And that's just the base amount—more money can be earned with quality and productivity incentives.