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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Hackensack Meridian Health sells off majority of its long-term care facilities to Complete Care

Hackensack Meridian Health, New Jersey’s largest health network, recently announced it has signed a definitive agreement with Complete Care to acquire a majority of its long-term care facilities. 
 

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Screening breast MRI results in more downstream healthcare costs than mammography alone

Women who underwent magnetic resonance imaging experienced more subsequent scans, procedures, healthcare visits and hospitalizations. 

Vytalize Health raises $50 million in funding to expand senior care

Vytalize Health, a value-based care platform for seniors, has raised $50 million from investors in a Series B funding round.

 

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Better neuroimaging guidelines could save practices millions, research shows

In the study, MRI scans were responsible for 70% of neuroimaging spending, despite accounting for only 25% of completed exams.

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Imaging industry advocate slams feds’ failure to address PET coverage gap in recent ruling

The Society for Nuclear Medicine & Molecular Imaging expressed "strong opposition" following CMS' decision, arguing there is no evidence to support limiting pay for such scans. 

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Australian tech company opens new US office, eyes FDA approval for AI CAD solution

The company's flagship offering uses AI to evaluate 3D images of a patient's heart for signs of atherosclerotic plaque.

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Artificial intelligence startup Viz.ai reaches unicorn status with $100M investment

Now valued at $1.2B, the San Francisco startup was co-founded by a neurosurgeon and offers a suite of solutions for diagnosing diseases from medical images. 

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CMS delays start of Radiation Oncology Alternative Payment Model yet again

The mandatory bundled payment initiative was slated to kick off Jan. 1, 2023, following numerous delays, but will now launch on a to-be-determined date.

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.”