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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AI in medicine market could hit $18.1B by 2025

The AI in medicine market generated $719 million in 2017 and could hit $18.12 billion by 2025, according to a new report from Big Market Research.

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St. Paul Radiology, Suburban Radiology Consultants merge, form new practice

Two independent radiology practices from Minnesota, St. Paul-based St. Paul Radiology (SPR) and Minneapolis-based Suburban Radiologic Consultants (SRC), are merging into a single organization called Midwest Radiology.

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Radiologist files class-action lawsuit against American Board of Radiology alleging antitrust violations

A radiologist in Tennessee has filed a federal class action lawsuit against the American Board of Radiology (ABR) that alleges the ABR is in violation of antitrust laws.

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AI startup focused on breast cancer screening raises $6M

Niramai Health Analytix, an India-based AI startup, announced that it has closed a $6 million Series A round of funding.

GE Healthcare IPO in 2019 ‘unlikely’ after $21.4B deal with Danaher

General Electric (GE) announced on Monday, Feb. 25, that it has entered into a definitive agreement to sell its biopharma business to Danaher Corporation for $21.4 billion. This could significantly impact the company’s plans for an initial public offering (IPO) for GE Healthcare.

Long travel, wait times in healthcare represent annual opportunity cost of $89B

Travel and wait times associated with receiving healthcare services are higher than in any other service category, according to a new report from Altarum.

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Department of Energy opens negotiations with 4 US companies to fund Mo-99 production

The Department of Energy’s National Nuclear Security Administration (NNSA) will negotiate with four U.S. companies to potentially fund molybdenum-99 (Mo-99) production without the use of highly enriched uranium.

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AHRA, Canon Medical award 7 grants to improve patient experience, safety in diagnostic imaging

AHRA and Canon Medical Systems USA have announced the recipients of seven grants aimed at improving patient care and the safety of diagnostic imaging.

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Around the web

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.

Cardiovascular Business
GE HealthCare moves PET/CT scanner production to United States

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.