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News You Need to Know Today
Big Pharma's payouts to radiologists | Rads take market share from cardiology | Bill to boost Medicaid pay for LCS
Tuesday, July 11, 2023
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Today's News and Trends

Big Pharma’s industry payments to diagnostic radiologists have risen sharply since 2019

Merk & Co. paid the largest amount to the specialty between 2017-2021, followed by Hologic and Pfizer, researchers wrote recently.  

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Researchers found millions of heart failure patients who qualify for standard, guideline directed medical therapies, but did not receive it due to poor health literacy, limited access to care and medication costs.
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Big Pharma’s industry payments to diagnostic radiologists have risen sharply since 2019

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Researchers found millions of heart failure patients who qualify for standard, guideline directed medical therapies, but did not receive it due to poor health literacy, limited access to care and medication costs.
Merk & Co. paid the largest amount to the specialty between 2017-2021, followed by Hologic and Pfizer, researchers wrote recently.  
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Radiologists capture growing market share for key interventional procedure while cardiologists lose ground

Among Medicare beneficiaries, there was a marked drop in the delivery of percutaneous renal artery angioplasty, used to treat a narrowed artery, between 2010 and 2018.

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Financial data showing growing revenue
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Radiologists capture growing market share for key interventional procedure while cardiologists lose ground

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Financial data showing growing revenue
Among Medicare beneficiaries, there was a marked drop in the delivery of percutaneous renal artery angioplasty, used to treat a narrowed artery, between 2010 and 2018.
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Imaging advocates urge feds to fix PET coverage gap following approval of new Alzheimer’s drug

CMS intends to soon propose a new national coverage determination that would loosen restrictions around PET payment, according to a report published Monday. 

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Imaging advocates urge feds to fix PET coverage gap following approval of new Alzheimer’s drug

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brain.jpg
CMS intends to soon propose a new national coverage determination that would loosen restrictions around PET payment, according to a report published Monday. 
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Members of Congress introduce bill requiring all Medicaid programs to cover lung cancer screening

H.R. 4286 also would expand coverage for tobacco cessation in the federal payment program, including counseling and medication-assisted treatment. 

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Lung cancer cigarettes
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Members of Congress introduce bill requiring all Medicaid programs to cover lung cancer screening

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Lung cancer cigarettes
H.R. 4286 also would expand coverage for tobacco cessation in the federal payment program, including counseling and medication-assisted treatment. 
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How secure is your imaging AI implementation? 7 aspects to consider

Radiology operations taking on AI projects would do well to prioritize cybersecurity atop other aims and concerns. A new paper offers guidance.

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artificial intelligence privacy cybersecurity
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How secure is your imaging AI implementation? 7 aspects to consider

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artificial intelligence privacy cybersecurity
Radiology operations taking on AI projects would do well to prioritize cybersecurity atop other aims and concerns. A new paper offers guidance.
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Guest Commentary

Closing the coverage gap: How to empower patients in mammography

Radiology Business Management Association President Kit Crancer discusses the current coverage landscape for women's imaging and one promising national development. 

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Christopher Kit Crancer RBMA
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Closing the coverage gap: How to empower patients in mammography

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Christopher Kit Crancer RBMA
Radiology Business Management Association President Kit Crancer discusses the current coverage landscape for women's imaging and one promising national development. 
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In Case You Missed It

Billing claims for nonphysician image interpretation leapt 27% over a 5-year period

"Since several states are shifting toward granting NPPs more autonomy, this is something worth watching," the study's author told Radiology Business. 

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Among general cardiologists, for example, median compensation jumped nearly 8% from 2023 to 2024. Interventional cardiology and electrophysiology saw even larger jumps. Dollar money graphic showing increased finance.
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Billing claims for nonphysician image interpretation leapt 27% over a 5-year period

Share on Twitter Share on Facebook Share on Linkedin
Among general cardiologists, for example, median compensation jumped nearly 8% from 2023 to 2024. Interventional cardiology and electrophysiology saw even larger jumps. Dollar money graphic showing increased finance.
"Since several states are shifting toward granting NPPs more autonomy, this is something worth watching," the study's author told Radiology Business. 
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Imaging AI vendors’ marketing hype doesn’t always match materials submitted to the FDA

About 1 in 8 were discovered to have marketing materials that made claims differing from their premarket approval. 

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Imaging AI vendors’ marketing hype doesn’t always match materials submitted to the FDA

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About 1 in 8 were discovered to have marketing materials that made claims differing from their premarket approval. 
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Hiring challenges help influence hospital to hand radiology reins over to private practice

The deal covers the independent hospital's main facility, several community sites and five walk-in care centers, Commonwealth Radiology Associates announced. 

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Hiring challenges help influence hospital to hand radiology reins over to private practice

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The deal covers the independent hospital's main facility, several community sites and five walk-in care centers, Commonwealth Radiology Associates announced. 
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Radiology-affiliated private equity firm buys up medical practices, raises prices

New York-based Welsh, Carson, Anderson & Stowe took “less than a year” to create 1 of Colorado's largest specialty groups “from scratch.” 

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private equity corporatization business consolidation
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Radiology-affiliated private equity firm buys up medical practices, raises prices

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private equity corporatization business consolidation
New York-based Welsh, Carson, Anderson & Stowe took “less than a year” to create 1 of Colorado's largest specialty groups “from scratch.” 
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