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.

ASRT Foundation expands research grant funding

The American Society of Radiologic Technologists (ASRT) Foundation has expanded its research grant funding structure, separating it into three primary tiers.

October 30, 2018

Georgia hospital opens new $5M IR suite

Piedmont Henry Hospital in Stockbridge, Georgia, has opened a brand new $5 million interventional radiology (IR) suite, which includes seven preparation and recovery areas and a separate room for procedures.

October 25, 2018

Radiology techs among 39K medical, union workers striking at UC medical centers

About 15,000 hospital workers, including radiology technicians, began a three-day strike at University of California (UC) medical centers across the state over “unresolved contract talks.” The strike is expected to affect thousands of patients.

October 24, 2018

Canon Medical Systems, Manchester United Football Club renew imaging collaboration

Manchester United Football Club and Canon Medical Systems Europe announced they have officially renewed their clinical collaboration.

October 24, 2018
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Go Big or Go Bust? How Less-than-Large Radiology Practices Can Survive the Consolidation Era

Less-than-large radiology practices can survive the consolidation era. The trick is finding a sweet spot in which the economies of scale needed to compete meld with the hospital/practice alignment that is the lifeblood of independent practice.

October 22, 2018

How U.S. hospitals could save $25.4B on supply chain costs

Hospitals across the United States spent approximately $25.4 billion more than necessary this year on supply chain operations, according to a new report from Chicago-based Navigant Consulting. That number is up more than 10 percent compared to 2017.

October 19, 2018

Novartis to acquire Indiana-based Endocyte for $2.1B

Novartis, a large healthcare company based in Basel, Switzerland, has agreed to acquire Endocyte, a West Lafayette, Indiana-based biopharmaceutical company, for $2.1 billion.

October 19, 2018

Gauss raises $20M for AI-based digital imaging platform

Gauss Surgical, a Los Altos, California-based healthcare technology company, announced that it raised $20 million in Series C funding to speed up the adoption of its Triton platform and develop new solutions.

October 18, 2018

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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