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.

$270 million deal between Mallinckrodt, Guerbet completed

Mallinckrodt announced this week that the sale of its contrast media and delivery systems (CMDS) business to Guerbet has officially been closed. The transaction, which was first announced in July 2015, is valued at approximately $270 million. 

November 30, 2015

California radiologist charged in $25 million bribery scheme

Radiologist Ronald Grusd, MD, and seven other medical professionals from California have been charged for taking part in a bribery scheme involving $25 million in improper workers’ compensation claims. Six corporations, including California Imaging Network in Beverly Hills, were also charged.

November 16, 2015

Boston Scientific agrees to acquire interventional radiology business

Boston Scientific announced on Nov. 10 that it had agreed to acquire the interventional radiology business of CeloNova Biosciences. Boston Scientific said it would pay $70 million upfront and then make additional payments based on regulatory and sales milestones.

November 10, 2015

Trainees struggle with estimating costs of imaging exams

Most radiology trainees don’t know the cost of common imaging examinations, according to a recent study published by the American Journal of Roentgenology.  

November 9, 2015

Revenues up for Hologic in FY2015 Q4

Hologic announced its fourth-quarter financial results this week, including $702.8 million in revenue. That number is up more than 6 percent compared to 2014. 

November 5, 2015

Enlitic partners with Capitol Health, raises $10 million

Enlitic, a San Francisco-based medical startup, and Capitol Health, a medical diagnostic imaging company in Australia, have announced a partnership that includes deep learning-supported medical diagnostics for radiologists and healthcare providers. 

October 30, 2015

Philips’ healthcare revenue, earnings increase in 3rd quarter

For the third quarter of 2015, Philips had comparable overall sales growth of 2 percent compared with the same quarter a year earlier. Comparable sales in its healthcare sector increased 3 percent, including mid-single-digit growth in its imaging systems group.

October 27, 2015

Mach7 Technologies, 3D Medical Limited sign agreement to merge, go public on Australian stock market

Mach7 Technologies, an enterprise image management company based out of Burlington, Vt., and 3D Medical Limited, a medical-specific Australian 3D printing business, have signed a definitive agreement to merge. 

October 26, 2015

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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