Category: Financial

Financial

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We Asked. You Delivered.

Each year, you tell us what you love about your job; what you, well, don’t exactly love; how much you make; and what you believe are the biggest issues currently affecting the field. Here, 24x7 Magazine chief editor Keri Forsythe-Stephens reveals the major themes that emerged in 2017’s salary survey. Don't miss out.

Financial

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Aim to Retain

With healthcare technology management professionals and imaging engineers the most difficult positions to fill in healthcare, the status quo of employee retention simply isn’t working, says biomedical expert Patrick Lynch in July's The LynchPin column. He shares his facility's innovative approach to employee retention here.

Generally Accepted Accounting Practices

In the past two Prep Talk columns, we looked at key management issues you need to be aware of for the certified healthcare technology manager (CHTM) exam, such as how equipment purchasing fits into your organization’s strategic plan. This month’s installment looks at another area of the CHTM exam: accounting.

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It’s Back! Rust-Out

In April 1999, 24×7 published a Soapbox column titled “Rust-Out: The Silent Affliction,” describing how some biomeds stop progressing technology-wise and stay in their comfort zone, not looking to advance or take on new challenges. Dave Harrington thought that problem was in the past, but at a recent meeting of the New England Society of Clinical Engineers, the biomeds and clinical engineers in attendance were showing many of the signs that lead to this professional burnout.

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Olympus Agrees to Pay $646 Million Fine for Kickback Violations In US and Latin America

Endoscopes distributor Olympus Corp of the Americas has agreed to pay a $623.2 million fine to settle criminal charges and civil claims related to the company’s illegal payment of kickbacks to doctors and hospitals. The settlement is the largest amount in United States history involving violations of the Anti-Kickback Statute by a medical device company. The company’s Latin American division will also pay $22.8 million to resolve criminal charges in Latin America.

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Canon to Acquire Toshiba in $6.2 Billion Deal

Toshiba has granted Canon exclusive negotiating rights for Toshiba Medical Systems Corp, accepting Canon’s offer of $6.2 billion (700 billion yen). The second round of bidding, whose value exceeded expectations, also included Fujifilm and a coalition of Konica Minolta and European buyout firm Permira.

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End Times: Planning for Capital Equipment Purchases

Clinical engineering plays a central role in planning for the replacement and acquisition of new capital equipment. The data you provide will directly impact the day-to-day operations and financial well-being of your organization for years to come. So what information do you need to provide, where do you get it, and who needs to receive it?

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Medical Mission Trips 101

As a biomed, bringing your talent to a developing world hospital that is struggling for sound medical equipment can be an intensely satisfying experience. For those who are thinking about making a medical mission trip to the developing world for the first time, partnering with an organization that can help prepare supplies and contacts is key to a successful experience.

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Financial

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Taking a Stand Against Patient Falls

On September 28, 2015, The Joint Commission issued a Sentinel Event Alert focused on preventing patient falls. According to the organization, since 2009 it has received 465 reports of patient falls with injuries; about 63% of those events resulted in death.