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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Philips-owned BioTelemetry to pay nearly $15M for allegedly misleading clinicians to secure higher reimbursements

The company and one of its subsidiaries would allegedly confuse clinicians and have them bill government programs for cardiac monitoring services that were more expensive than what they needed. This settlement resolves those allegations. 

December 20, 2023
Money dollar investments

Advocates criticize unfunded transparency mandate on imaging providers in recently passed legislation

The Lower Costs, More Transparency Act requires radiologists to publicly list prices for certain "shoppable" services.

December 20, 2023
Luma Vison's Verafeye is the company’s 4D imaging and navigation platform for EP lab procedures for AFib.

Luma Vision raises $22M for 4D cardiac imaging platform

The company's Verafeye platform was designed to provide imaging guidance during cardiac procedures using advanced catheter sensors and deep learning. 

December 18, 2023
doctor in handcuffs after being arrested

Cardiologist charged with fraud for allegedly altering patient records, billing for unnecessary procedures

The doctor allegedly targeted some patients more than ten times, treating them again and again with procedures that were not medically necessary. 

December 15, 2023
Medical malpractice gavel diagnostic error mistake stethoscope

Medical malpractice ruling: Hospital to pay $39M over young heart patient’s death

Prosecutors successfully argued that the patient would not have died if clinicians had ordered a routine CT exam. 

December 13, 2023
A gavel and a stethoscope

Nevada health system accused of creating a heart surgery monopoly in new lawsuit

The health system allegedly ended an ongoing contract with little notice, leaving clinicians and patients without the services of a cardiovascular surgery program. 

December 12, 2023

New imaging vendor focused on AI, robotics raises $36M with help from GE Healthcare

The funds are expected to go toward bringing in new employees and accelerating the development of a new cardiac imaging offering. 

December 12, 2023
business launch

Venture capital firm raises $90M, launches new AFib ablation company

According to Ajax Health CEO and industry veteran Duke Rohlen, the new company will be focused on offerings that "prioritize precision, simplicity and efficiency."

December 8, 2023

Around the web

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

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

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