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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Stroke patient billed $474K for medical flight

A 34-year-old stroke patient was stuck with a bill for nearly a half-million dollars after taking a flight from Wichita, Kansas, to Boston to see a neurosurgeon.

Reports: GE files for IPO of healthcare unit

General Electric (GE) has filed the paperwork for an initial public offering (IPO) for its healthcare unit, GE Healthcare, according to numerous sources familiar with the ongoing situation. The offering is expected to take place by the middle of 2019.

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Surgeon General declares teen vaping a national ‘epidemic’

U.S. Surgeon General Jerome Adams, MD, issued a rare national advisory Dec. 18 deeming youth e-cigarette use an “epidemic” in the country.

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Federal judge strikes down ACA as unconstitutional

A U.S. District Court judge in Texas ruled on Dec. 14 the Affordable Care Act is unconstitutional, a decision that could throw the American healthcare system into turmoil.

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GlobalData: ICD market to reach $4.3B by 2028

The implantable cardioverter defibrillator (ICD) market is projected to grow to $4.3 billion by 2028, with compound annual growth of 4.1 percent, according to a new report from GlobalData.

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Living near oil, gas wells linked to worse cardiovascular health

Colorado residents who live in close proximity to oil and natural gas extraction sites might experience poorer cardiovascular health because of it, according to work published Dec. 6 in Environmental Research.

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Medtronic settles DOJ claims against acquired companies for $50.9M

Medtronic has agreed to pay the U.S. Department of Justice (DOJ) a total of $50.9 million to settle three claims against Covidien and ev3, two companies Medtronic acquired in 2015.

Cardiologist pleads guilty to prescribing oxycodone for financial gain

A cardiologist based in Elko, Nevada, pleaded guilty Nov. 26 to prescribing two highly addictive drugs—oxycodone and hydrocodone—to patients over a five-month period without legitimate medical reasons, U.S. Attorney Dayle Elieson announced.

Around the web

Ron Blankstein, MD, professor of radiology, Harvard Medical School, explains the use of artificial intelligence to detect heart disease in non-cardiac CT exams.

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.