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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Cardinal Health scoops up two companies for $3.9B

Cardinal Health is buying Advanced Diabetes Supply Group and a majority stake in GI Alliance, expanding its broad patient services portfolio. 

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UnitedHealth defends $3.3B Amedisys acquisition

UnitedHealth subsidiary Optum is turning to the court of public opinion to defend the merger. 

doctor in handcuffs after being arrested

Cardiologist receives 35 months in prison for health insurance fraud

Fazal Panezai, MD, faced up to 10 years in prison for coordinating a years-long fraud scheme from 2017 to 2022. His New Jersey medical license has already been permanently revoked.

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DOJ sues to block UnitedHealth’s $3.3B acquisition of home health giant

The DOJ met with UnitedHealth execs in an attempt to resolve antitrust concerns out of court, but those talks stalled, a report claims. 

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Radiologists and other physicians want greater scrutiny around hospitals’ nonprofit status

Docs at the AMA’s Interim Meeting in Orlando, Florida, have voted to support greater oversight of nonprofit hospitals and to standardize charity care policies.  

GE HealthCare

RadNet stock surges 20% to all-time high following news of GE HealthCare partnership

Under the “strategic collaboration,” subsidiary DeepHealth and GE will develop solutions that harness AI to address key challenges in radiology. 

Lantheus

Lantheus expects sales of ‘blockbuster’ cancer imaging agent to surpass $1B in 2024

Pylarify is a PSMA-targeted PET agent for pinpointing suspected metastasis or recurrence of prostate cancer, which will be impacted by a new Medicare policy change.  

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Private equity firm to buy Summa Health for $485M

HATco, part of General Catalyst, is set to purchase the Ohio-based health system, which currently has roughly $850 million in debt on its balance sheet.