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.

Could ending the student loan interest deduction reduce interest in radiology?

The Republican plan to overhaul the tax code included one proposal that would impact medical school graduates who leave school with outstanding student loans. The GOP plan calls for the elimination of the student loan interest deduction, which helped 12 million Americans reduce their tax bills in 2015.

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FDA: Thermography not on par with mammography for breast cancer screening

The U.S. Food and Drug Administration (FDA) issued an Oct. 27 reminder that thermography is not an acceptable substitute for mammography.

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MACRA ‘wake-up call’ rung for radiology

If the past predicts the future, then radiology isn’t going to fare especially well in the MACRA era. Under Medicare’s last pay-for-reporting program, the Physician Quality and Reporting System (PQRS), most radiologists only minimally showed their work, researchers have found. Those who deal the same way with MACRA—the Medicare Access and CHIP Reauthorization Act—are setting themselves up for punitive payment adjustments.

More women over 70 are obtaining mammography screening

More older women undergoing mammography due to increasing incidences of breast cancer. Screening is also more prevalent in older populations because of the National Health System’s Breast Screening Program (NHSBSP) extension in England, according to a new study published in the November issue of Radiography. 

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UK experiencing ‘desperate’ shortage of radiologists

Figures released by the Royal College of Radiologists (RCR) point to an ongoing shortage of radiologists in the United Kingdom. Nearly 97 percent of radiology departments in the U.K. were unable to meet diagnostic reporting requirements in 2016. 

JACR seeking new editor-in-chief

The American College of Radiology (ACR) announced Thursday it was seeking a new editor-in-chief for its journal, the Journal of the American College of Radiology (JACR).

CT angiography helps decision-making in referral hospitals for stroke patients

Researchers examined how vascular imaging at referring hospitals may provide an avenue for better informed decisions by a care team in determining transfers for thrombectomy.

Out-of-pocket healthcare spending up—but remains steady as share of take-home income

The JPMorgan Chase Institute Healthcare Out-of-pocket Spending Panel (JPMCI HOSP) included 2.3 anonymized Chase customers from 18 to 64 years old between 2013 and 2016. The study found out-of-pocket spending on healthcare jumped up from $629 per family to $714—and increase of 14 percent. But healthcare remained spending remained relatively constant as a share of take-home income (1.7 percent in 2013; 1.6 percent in 2016) and total spending (1.1 percent; 1.2 percent).

Around the web

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.

After reviewing years of data from its clinic, one institution discovered that issues with implant data integrity frequently put patients at risk. 

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.

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