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.

IBA Molecular, Mallinckrodt Nuclear unite under Curium banner

IBA Molecular and Mallinckrodt are launching a new radiopharmaceutical company after IBA Molecular acquired Mallinckrodt’s nuclear imaging division in a $690 million sale announced in August 2016.

Missing records for Fukushima child with thyroid cancer raise questions

According to ABC News, a child who was diagnosed with thyroid cancer after the 2011 Fukushima nuclear accident is missing from government checkup records.

FUJIFILM SonoSite gives clinicians the edge for rural diagnostics

A FUJIFILM SonoSite Edge® point-of-care ultrasound system recently helped clinicians participating in the Ukraine Christian Partnership’s (UCP’s) Summer Mission to diagnose a wide range of pathologies.

Cardiac cath lab, interventional radiology suite open at Fairmont Regional

A new cardiac cath lab and interventional radiology suite have opened at Fairmont Regional Medical Center (FRMC) in Fairmont, West Virginia.

Advanced Radiology marketing campaign recognized by RBMA

Connecticut-based Advanced Radiology Consultants was recognized by the Radiology Business Management Association (RBMA), winning the 2017 RBMA Quest Award for Physician Marketing. 

Academic radiology and funds flow models: Where do you fit in?

The advent of value-based reimbursement has tightened the purse strings on the clinical services income that academic medical centers traditionally rely on. It will become increasingly important for academic hospitals to develop a 21st century funds flow model, and radiology departments need to know where they fit into the institutional mission—both now and in the future.

Ohio's Columbus Radiology expands to Toledo

Columbus Radiology announced an expansion to 10 hospitals within the Mercy Health System, with 14 area radiologists joining Columbus Radiology to provide services to hospitals in the Toledo area. Columbus Radiology is a Radiology Partners practice, allowing them to maintain local control while taking advantage of large-scale support programs such as clinical analytics or physician leadership boards.

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McKesson, Change Healthcare finalize creation of new company

McKesson Corporation and Change Healthcare Holdings completed their previously-announced agreement to form a new health IT company, named Change Healthcare. The new company combines the majority of McKesson Technology Solutions and “substantially all” of Change Healthcare Holdings in a $6.1 billion deal. 

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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