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 'ultralaser' treatment reduces pain for fibromyalgia patients

Fibromyalgia patients experienced significant pain reduction thanks to a new device that uses both ultrasound and laser therapy to help treat the disease, according to a pilot study.

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Reproducibility still a concern in social sciences—but experts remain focused on improvements

A study published Aug. 27 in Nature Human Behaviour showed that scientists are skilled in detected questionable and/or unreliable results.

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Patients more likely to contract central line infections in semi-private hospital rooms

Patients staying in semi-private hospital rooms have a greater chance of contracting a central line-associated bloodstream infections (CLABSI) when compared to those in private rooms, according to a study published in PLOS One.

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Assistive surgical devices earn top prizes at biomedical design competition

Several assistive surgical devices took home top prizes during this year’s Design by Biomedical Undergraduate Teams (DEBUT) challenge, arranged by the National Institute of Biomedical Imaging and Bioengineering (NIBIB) and VentureWell.

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Googling symptoms may improve patient interactions with physicians

A team of Australian researchers found those who consulted online resources had better interactions, because it led to more informed discussions while not undermining trust in diagnoses and treatment plans. Still, while the activity was generally considered positive, searches could increase patient anxiety.

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Express Scripts expands efforts in distribution of big-money gene therapies

Express Scripts, the largest pharmacy benefits management company in the United States with annual revenue of $100 billion, looks like it’s trying to diversify its business offerings. In an interview with Reuters, Steve Miller, chief medical officer of Express Scripts, confirmed the organization is in negotiations with biotechnology companies to exclusively distribute hemophilia therapies.

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Artificial placenta created using 3D printing

Researchers at TU Wien—a university in Vienna, Austria—have created an artificial placenta by using a 3D-printing process, according to a recent study.

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Cardiogram app, Garmin wearable devices now compatible

Garmin wearable devices are now compatible with the Cardiogram heart health app. 

Around the web

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”