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.

Mallinckrodt reports earnings, sales growth in Q1

In its first earnings report of the year, Mallinckrodt saw adjusted earnings of $2.09 per share in the first quarter of 2016, an increase of nearly 17 percent year-over-year. Net sales for the quarter were reported at $915 million, up 20 percent from the previous year.

February 3, 2016

Rose Radiology Centers releases statement after $8.7 million settlement with government

The U.S. Attorney’s Office for the Middle District of Florida recently announced that Tampa, Fla.-based Rose Radiology Centers had agreed to pay $8.71 million to the government to resolve several different allegations. Now, Rose Radiology has issued a prepared statement on the settlement, offering the practice’s perspective on the situation.

February 3, 2016

NOVACAP invests in Intelerad Medical Systems

Intelerad Medical Systems, a Montreal-based developer of PACS and other software, has received “a significant investment” from NOVACAP, one of the largest private equity firms in Canada.

February 2, 2016

Rose Radiology Centers agrees to pay more than $8 million after numerous allegations

Rose Radiology Centers has agreed to pay $8.71 million to the government for violating the False Claims Act, the U.S. Attorney’s Office for the Middle District of Florida announced. 

February 1, 2016

New York radiologist pleads guilty to controlled substance scheme

Radiologist Albert R. Cowie, MD, of Amherst, N.Y., has pleaded guilty to obtaining controlled substances by fraud and healthcare fraud. 

February 1, 2016

New York radiologist sentenced to 1 year probation for healthcare fraud

Thomas F. Stephenson, MD, the New York radiologist who pleaded guilty to healthcare fraud last year, has been sentenced to one year of probation.

January 29, 2016

Hologic increases revenue, earnings in Q1

Hologic reported revenue of $695.2 million in Q1 in its first fiscal report of 2016, an increase of 6.5 percent on a reported basis and 8.1 percent on a constant currency basis.

January 29, 2016

Meet the neurologist who experimented on himself ... twice

Robots? Mind control? A recent story published by Wired’s Daniel Engber has it all, and it’s 100 percent nonfiction. 

January 28, 2016

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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