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.

Medtronic’s diabetes spin-off gets a name, kicking off ‘new and exciting chapter’
The new name will be familiar to anyone who knows the history of Medtronic's diabetes business.
UnitedHealthcare caves to pressure, exempting some imaging services from cost-cutting program
The country’s largest insurer launched its Designated Diagnostic Provider program in 2022, steering beneficiaries to imaging centers that meet quality and efficiency requirements.
A new payer tactic: Using AI to curtail routine radiology claims, after imaging is already delivered
“Unlike [prior authorization], this model does not delay patient care and does not hold members liable to pay for unneeded exams,” writes radiologist Mark Hiatt, MD, MBA.
Smaller revenues, less growth: In US, tariffs may create headaches for $34.5B cardiovascular device market
“Without a more concrete and stable policy on these tariffs from the current American administration, it is likely that most manufacturers will be forced to continuously change their internal forecasts and production plans," one analyst said.
State passes ‘1st in nation’ bill to block corporate control of radiology practices
Gov. Tina Kotek signed the measure into law on Monday, June 9, over the objection of opponents such as Amazon and the Oregon Ambulatory Surgery Center Association.

Siemens Healthineers investing $314M to build new MRI manufacturing facility

This is the first major production site for the company's DryCool technology, which drastically reduces the amount of helium required for magnetic resonance imaging.

healthcare money economics dollar stethoscope acquire merger

Kaiser Permanente unloading $3.5B in private equity stakes

Citing sources familiar with the matter, the Wall Street Journal reported that Kaiser Permanente is working with Jefferies Financial Group to find secondary buyers.

lex Sandhu, MD, MS, assistant professor of cardiovascular medicine, Stanford University, and cardiologist at the Palo Alto VA. He spoke in the business of cardiology sessions at ACC 2024 and explained how Medicare reimbursements will be moving toward a value based payment model by 2030. #ACC #ACC24 #ACC2024 #CMS #reimbersements #Medicare

How the shift to value-based reimbursements could transform cardiology

"I think we really need our cardiologist community to understand the changes that are happening with value-based payment," one expert tells Cardiovascular Business.

RadNet acquires 9 imaging centers through 2 tuck-in transactions totaling $14M

The deals were with Antelope Valley Imaging and Grossman Imaging Centers, both located near RadNet's home base in California.

Six hospital groups urge UnitedHealth to take responsibility for Change Healthcare hack notifications

In a public letter, the groups are urging UnitedHealth Group to announce a timeline for notifying patients about what personal data was stolen in the breach of Change Healthcare's systems.

Same-day discharge after interventional radiology procedure saves money without impacting outcomes

Amid the COVID-19 pandemic, with bed space at a premium, UAB Medicine started sending patients home after percutaneous cryoablation of renal tumors.

UPMC settles $38M whistleblower lawsuit for Medicare fraud

Surgeons at the health system were accused of performing unnecessary procedures and receiving bonuses as kickbacks. UPMC does not admit wrongdoing.

Collaborative bolsters prostate MRI quality, with 1 site realizing $559,000 in reimbursement gains

Some of the most commonly deployed interventions included protocol adjustments, standardized patient prep instructions and personnel training.

Economics

Medtronic’s diabetes spin-off gets a name, kicking off ‘new and exciting chapter’

UnitedHealthcare caves to pressure, exempting some imaging services from cost-cutting program

A new payer tactic: Using AI to curtail routine radiology claims, after imaging is already delivered

Smaller revenues, less growth: In US, tariffs may create headaches for $34.5B cardiovascular device market

State passes ‘1st in nation’ bill to block corporate control of radiology practices