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.

healthcare money economics dollar stethoscope acquire merger

Nearly 80% of physicians now work for hospitals or other corporate entities as private practice dwindles

For the first time, the percentage of practice ownership by PE firms and other corporate entities (30%) surpassed hospitals or health systems' share (28%). 

April 12, 2024
Houston Texas

RadNet acquiring 6 imaging centers, adding $15M in annual revenue

American Health Imaging, a partner with the larger private equity-backed US Radiology Specialists, is selling the locations. 

April 11, 2024
jury court verdict juror lawsuit trial

Practice must pay $14M after table collapses under patient during imaging exam, jury rules

The original inciting incident occurred in July 2014, when 58-year-old James Griswold visited the Connecticut provider group for a nuclear stress imaging test. 

April 11, 2024
wallet purse broke bankrupt

Small practices left vulnerable after Change Healthcare cyberattack, with some considering bankruptcy

"These survey data show, in stark terms, that practices will close because of this incident," said AMA President Jesse Ehrenfeld, MD.

 

April 11, 2024
Artificial intelligence

Semiautonomous AI shows potential to reduce false positives, unnecessary procedures and medical expenses

Scientists developed the deep learning algorithm using a set of over 123,000 digital mammograms (including 6,100-plus cancer cases). 

April 11, 2024
healthcare business deal

‘Legal looting’: Watchdog highlights markets most impacted by private equity’s growing reach in radiology, other specialties

The Private Equity Stakeholder Project’s new State Risk Index is calculated based on 16 unique indicators, leaders said Tuesday. 

April 10, 2024
Medical malpractice gavel diagnostic error mistake stethoscope

Stroke patient sues radiology practice claiming negligence led to her fall from a CT scanner

Monica Lynch accuses Midstate Radiology Associates of failing to secure her to the scanner table and ignoring her needs during an examination. 

April 9, 2024
google cloud mayo clinic artificial intelligence

Google teams with Bayer to address radiologist burnout via AI

"Gen AI can help tackle repetitive tasks and provide insights into massive datasets, saving valuable time," Thomas Kurian, CEO of Google Cloud, said Tuesday. 

April 9, 2024

Around the web

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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