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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Powering down interventional imaging systems saves tens of thousands in electricity costs

Making the hypothetical adjustment of switching all idle systems to off overnight and on weekends would save one hospital about $38,000. 
 

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Nearly 15% of claims submitted to private payers are initially denied

Private payers eventually overturned more than half of denials, with the claims paid, but only after “multiple, costly rounds of provider appeals.” 

Going green in the cath lab makes economic sense

New research explored the potential savings of turning off angiography systems at night and on weekends.

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A possible remedy for cardiology’s staffing shortages: heart failure internists

Internal medicine physicians spend a lot of time working with heart failure patients. A new commentary in JACC: Heart Failure explored the potential impact of providing IM trainees with special training so that they can deliver additional value.

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Medical image-sharing startup PocketHealth raises $33M in series B financing

Round13 Capital and the investment arms of Samsung and Deloitte all pitched in, with the company using the money to double its workforce within the next two years.

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US Radiology Specialists names new leader as founding CEO departs

Lee Cooper will take the reins at the private equity-backed practice on April 1 after previously spending nearly 30 years with GE. 

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This week in the Change Healthcare hack fallout: 10 notable quotes

“ALPHV/BlackCat and their affiliates haven’t attacked Change Healthcare. This time, they’ve attacked our families.”

Seetharam (Ram) Chadalavada, MD, MS, Vice Chair of Radiology – Informatics, University of Cincinnati, UC Health, Associate Professor of Radiology Surgery, and Director of Interventional Radiology Medical Student Education, explains considerations radiology trainees should think about when they negotiate an employment contract.

Key points of contract negotiations for radiology trainees

Rads should learn more about employment negotiations before signing a contract, says Seetharam Chadalavada, MD, vice chair of radiology informatics at the University of Cincinnati.

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