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.

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

Siemens Healthcare sees double-digit bump in sales, profits in Q1

Siemens Healthcare announced double-digit increases in sales and profits for the year’s first fiscal quarter in the company’s latest earnings report.

January 27, 2016

Philips Healthcare reports increased sales, profits

2015 turned out to be a good year for Philips Healthcare, who reported sales growth of 15 percent to $3.54 billion for the final quarter and 19 percent growth to $11.82 billion for the full year, according to the company’s fourth-quarter earnings report.

January 27, 2016

GE Healthcare’s 4Q profit, revenue both drop

General Electric (GE) released its fourth-quarter earnings last week, and numbers show GE Healthcare’s profit and revenue are down compared to 2014’s numbers.

January 25, 2016

Report: Lexmark now considering divestiture after lack of interest from buyers

Lexmark International Inc. is exploring the possibility of divesting its assets and selling its software and hardware business separately, according to an article published online by Reuters.

January 18, 2016

iCAD acquires VuCOMP’s cancer detection portfolio

iCAD, a Nashua, N.H.-based cancer detection and radiation therapy technology company, announced this week that it has completed its acquisition of the VuCOMP cancer detection portfolio. 

January 13, 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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