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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Sectra unveils figures from 9-month interim report

Medical IT and technology company Sectra announced earnings figures from May 2015 to January 2016 this week while also calling attention to the company’s recent success in KLAS customer service survey.

Report: Canon to acquire Toshiba Medical Systems for more than $6 billion

According to a new report from Tokyo, Toshiba is selling its Toshiba Medical Systems unit to Canon for more than $6 billion. The companies are still working out the exact details of the highly anticipated deal.

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Trump's healthcare plan mostly a combination of old Republican proposals

Donald Trump’s presidential campaign released an outline of his healthcare plan today, and according to reporting by the Los Angeles Times, it doesn’t offer much that hasn’t been heard before. 

RelayHealth shares post-ICD-10 denial rate data

According to RelayHealth Financial, a healthcare IT company owned by McKesson, just 1.6 percent of claims processed using its revenue cycle management solutions since the implementation of ICD-10.

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Olympus will pay $646 million plus interest to resolve two kickback investigations

Medical device company and endoscope manufacturer Olympus Corp. of the Americas has agreed to pay a total of $646 million plus interest to resolve two separate government investigations related to providing physicians and hospitals with kickbacks.

Report: Toshiba could sell entire medical unit for more than $3.5 billion

Toshiba is attempting to sell its entire medical equipment unit, Toshiba Medical Systems Corp., and it may sell for even more than the previous estimate of $3.5 billion, according to a new report from Reuters. 

Digirad releases earnings for fourth quarter

Digirad released its fourth-quarter earnings this week, and the numbers showed that total revenues were $15.6 million, up from $14.1 million during the same time last year.

Mindray shareholders agree on merger proposal

Medical device company Mindray Medical International has announced that its shareholders voted in favor of a merger with Excelsior Union Limited and its subsidiary, Solid Union. 

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Around the web

Health Imaging
What might reimbursements for proposed MRI safety CPT codes look like?

Prior to the final proposal’s release, the American College of Radiology reached out to CMS to offer its recommendations on payment rates for five out of the six the new codes.

Health Imaging
'A very, very good thing'—CMS proposes reimbursements for providers' efforts to ensure MRI safety

“Before these CPT codes there was no real acknowledgment of the additional burden borne by the providers who accepted these patients."

Cardiovascular Business
New imaging technique captures human heart with 'unprecedented detail'

The new images were captured at the European Synchrotron Radiation Facility using hierarchical phase-contrast tomography. One specialist called them "Google Earth for the human heart." 

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