Category: Financial

Financial

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Mergers and Acquisitions in Radiology:

Investor interest in radiology is booming, with multiple well-capitalized platforms competing to secure partnerships with the top physician practices across the country.  Until recently, consolidation in radiology has been...

Financial

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Capital Budgets Versus Operating Budgets

In BMET program director John Noblitt's two previous Prep Talk columns, he explored managerial topics such as general acceptable accounting principles and strategic planning. Noblitt says information in both articles should support two types of budgets HTM professionals must be aware of: capital budgets and operating budgets.

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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.

Want to Maximize Your Conference Attendance? Here’s How

With less than a week until the New Year, it’s a great time to think about the career goals you wish to accomplish in 2017. Whether that involves seeking a promotion, attending a training session or taking a class, such goals can all be enriched (or achieved) by attending a professional conference, says VA Greater Los Angeles Healthcare System Supervisor Biomedical Engineer Clarice M.L. Holden, BSE.

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Report: Point-of-Care Testing Makes Gains

The menu for point-of-care (POC) testing covers continues to expand, and the future holds even more advancement of POC tests and devices, according to a new Kalorama Information report. Past success of POC testing relied on the development of tests that use user-friendly techniques and alternative samples; but for the next 5 years and beyond, a measure of success will depend on the addition of value added dimensions to POC tests, it continues.

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How the Internet Is Changing Diagnosis

Diagnosis is the primary and most critical step toward a successful treatment—however, diagnostic errors can take a huge toll at both an individual and system level. In this article, HealthClues founder Sandeep Pandey shares what HTM professionals need to know about physician errors—and ways to combat them.

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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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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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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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ECRI Decision-Making Tool Simplifies Medical Technology Purchases for Hospitals

ECRI Institute has launched TruVu, a decision-making tool designed to help hospitals move away from emotionally-driven technology purchases. The platform allows stakeholders to see the impact of a change to a product feature, service contract price, or physician preference on a shared platform before making a purchasing decision.

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Futurecasting: Three Looming Challenges for HTM

Futurecasting is the practice of envisioning the future of yourself or your team, organization, or broader industry. The Kaiser Permanente Clinical Technology program is in the midst of this process, envisioning a strategy that ensures coordinated, consistent, high-quality, and affordable healthcare technology management across the Kaiser Permanente enterprise.

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