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.

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Julius Bogdan, vice president and general manager of the Healthcare Information and Management Systems Society (HIMSS) Digital Health Advisory Team for North America, explains considerations for healthcare system information technology (IT) management teams on the implementation of artificial intelligence (AI). He also discusses ideally how AI should be integrated into medical IT systems, and some of the issues AI presents in the complex environment of real-world patient care." #AI #HIMSS

AI drug discovery company pens $1.2B research collab with Sanofi

Insilico Medicine, a clinical stage AI-drive drug discovery company, has penned a multi-year, multi-target strategic research collaboration with Sanofi in a deal valued at $1.2 billion.

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The most expensive & least expensive states for healthcare

In 2020, healthcare costs averaged $10,000 per person, though South Dakota takes the cake as the most expensive state for healthcare, according to a recent ranking from Forbes. 

 

Texas to repay $30M in care payments that didn’t meet requirements

The state of Texas may have claimed more than $30 million in federal funds for Medicaid uncompensated care payments that didn’t actually meet federal and state requirements.

Walgreens-backed VillageMD acquires Summit Health in $9B deal

VillageMD, which is majority-owned by Walgreens Boots Alliance, is acquiring Summit Health in a deal valued at $8.9 billion.

MRI system advances include helium-free MRI systems (left is Philips version of this system), and compressed sensing (right, GE's version of this technology), which can greatly reduce scan times. Both technologies were mentioned in an overview by Signet Research of new tech that will be at RSNA 2022.

VIDEO: Overview of MRI market and technology trends

Bhvita Jani, research manager, Signify Research, explains some key trends and technology advances in the magnetic resonance imaging (MRI) market leading into the Radiological Society of North America (RSNA) 2022 meeting. 

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Top MRI trends include helium-free systems, compressed sensing and AI

Signify Research outlines several key technologies and trends in MRI to look for at the Radiological Society of North America 2022 meeting.

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Hospital margins see no improvement

Hospital margins were -0.1% during September, compared to -0.5% in August and -1.1% in July.

ACO accountable care coordination shared savings

ACOs win in 2023 Physician Fee Schedule

Accountable care organizations (ACOs) were handed a big win in the 2023 Physician Fee Schedule (PFS) with several changes to the shared savings program that will likely encourage participation.

 

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Around the web

Cardiovascular Business
Q&A: MedAxiom CEO explores key trends in cardiologist, cardiovascular surgeon compensation

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.

Cardiovascular Business
Payment cuts and beyond: Key takeaways for cardiologists from the 2025 Medicare Physician Fee Schedule

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. 

AI in Healthcare
A modest proposal to rally AI regulators around a simple game plan

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.”