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.

Ranna Parekh, MD, is the diversity and inclusion officer at the American College of Cardiology (ACC) and will soon switch to that role at MD Anderson Cancer Center.

MD Anderson appointed a chief diversity, equity and inclusion officer

The University of Texas MD Anderson Cancer Center has hired Ranna Parekh, MD, as its chief diversity, equity and inclusion officer (CDEIO), who currently serves as the inaugural chief diversity and inclusion officer at American College of Cardiology (ACC) .

April 14, 2022
The Mount Sinai Hospital has announced the completion of a $70 million full renovation of its children’s emergency department (ED), and a newly redesigned area for walk-in, low-acuity adult patients.

Newly Designed Children’s Emergency Department Opens at The Mount Sinai Hospital

The Mount Sinai Hospital has announced the completion of a $70 million full renovation of its children’s emergency department (ED), and a newly redesigned area for walk-in, low-acuity adult patients.

April 14, 2022
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. 

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. 
 

April 14, 2022
breast radiologist breast cancer mammography

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. 

April 14, 2022
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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.

 

April 11, 2022
brain mri

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.

April 11, 2022
brain money alzheimer dementia

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. 

April 11, 2022
Los Angeles, California

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.

April 8, 2022

Around the web

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”

Alison Bailey, MD, co-chair of the business of cardiology sessions at ACC.24, emphasized that reimbursement cuts can have a long-term negative impact on patient. 

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