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Healthcare Economics | July 2018

News You Need to Know Today
Healthcare Economics | July 2018
Thursday, July 19, 2018
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Editor's Choice: Economics

The numbers don’t lie: 4 reasons to be optimistic about radiology’s future

Radiologists have a lot to be excited about in 2018 and beyond. Jim Y. Chen, MD, of the department of radiology at Brigham and Women’s Hospital in Boston, explored some recent statistics in a new commentary published by the Journal of the American College of Radiology, detailing what they mean for the specialty this year and in years ahead.
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The numbers don’t lie: 4 reasons to be optimistic about radiology’s future

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Radiologists have a lot to be excited about in 2018 and beyond. Jim Y. Chen, MD, of the department of radiology at Brigham and Women’s Hospital in Boston, explored some recent statistics in a new commentary published by the Journal of the American College of Radiology, detailing what they mean for the specialty this year and in years ahead.
READ MORE >

Pharmaceutical companies paid radiologists more than $43.6M in 2015

Pharmaceutical companies paid radiologists more than $43.6 million in 2015, according to a new study published by Academic Radiology, but do such payments negatively impact public perception?
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Pharmaceutical companies paid radiologists more than $43.6M in 2015

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Pharmaceutical companies paid radiologists more than $43.6 million in 2015, according to a new study published by Academic Radiology, but do such payments negatively impact public perception?
READ MORE >

It’s official: U.S. puts first tariffs into effect on Chinese products, including medical imaging equipment

On Friday, July 6, tariffs on $34 billion worth of products imported from China—including x-ray, CT and MRI equipment—officially went into effect. Tariffs on another $16 billion worth of products are expected to kick in in a matter of weeks.
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China United States USA trade tariff logistics shipping
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It’s official: U.S. puts first tariffs into effect on Chinese products, including medical imaging equipment

Share on Twitter Share on Facebook Share on Linkedin
China United States USA trade tariff logistics shipping
On Friday, July 6, tariffs on $34 billion worth of products imported from China—including x-ray, CT and MRI equipment—officially went into effect. Tariffs on another $16 billion worth of products are expected to kick in in a matter of weeks.
READ MORE >

Tariffs on Chinese products could increase annual medical equipment costs by $400M

The escalating trade war between the U.S. government and China could lead to an additional $400 million in medical equipment costs each year, according to a new analysis from the American Action Forum (AAF).
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Tariffs on Chinese products could increase annual medical equipment costs by $400M

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The escalating trade war between the U.S. government and China could lead to an additional $400 million in medical equipment costs each year, according to a new analysis from the American Action Forum (AAF).
READ MORE >

GE moves to spin off healthcare division

After a year of soul searching and strategic review, GE announced its move today to spin off GE Healthcare into a standalone company over the next 12 to 18 months. The goal, the company said, is a leaner corporate structure with substantial reductions in debt.
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GE moves to spin off healthcare division

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GE logo
After a year of soul searching and strategic review, GE announced its move today to spin off GE Healthcare into a standalone company over the next 12 to 18 months. The goal, the company said, is a leaner corporate structure with substantial reductions in debt.
READ MORE >

No more surprise billing? Startup lets patients name their own prices for imaging services

A new healthcare startup, New York City-based Medmo, has launched a platform that allows patients to name their own price for various imaging services, including MRIs and CT scans.
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No more surprise billing? Startup lets patients name their own prices for imaging services

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Money
A new healthcare startup, New York City-based Medmo, has launched a platform that allows patients to name their own price for various imaging services, including MRIs and CT scans.
READ MORE >

How risk-based breast cancer screening could cut costs, reduce overdiagnosis

Breast cancer screening programs could reduce both costs and overdiagnosis by focusing on at-risk women, according to a new study published by JAMA Oncology.
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How risk-based breast cancer screening could cut costs, reduce overdiagnosis

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Breast cancer screening programs could reduce both costs and overdiagnosis by focusing on at-risk women, according to a new study published by JAMA Oncology.
READ MORE >

Philips seals $164M tech deal with 2 German hospitals

Royal Philips has funneled roughly $164 million (€140 million) into two separate business deals with the Kliniken der Stadt Köln (Clinics of Cologne) and Städtische Klinikum München (Munich Municipal Hospital) in Germany, the company announced this month.
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Philips seals $164M tech deal with 2 German hospitals

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Royal Philips has funneled roughly $164 million (€140 million) into two separate business deals with the Kliniken der Stadt Köln (Clinics of Cologne) and Städtische Klinikum München (Munich Municipal Hospital) in Germany, the company announced this month.
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RSNA R&E Foundation awarding $4M in funding in 2018

The RSNA Research and Education (R&E) Foundation announced Wednesday, July 11, that it is awarding $4 million in grants in 2018.
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RSNA R&E Foundation awarding $4M in funding in 2018

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The RSNA Research and Education (R&E) Foundation announced Wednesday, July 11, that it is awarding $4 million in grants in 2018.
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Radiology groups consolidate en masse in light of increasing demands, underfunding

With seven of the country’s 20 most prominent radiology practices having completed business deals within the last 18 months, the field is witnessing more efforts to consolidate and conserve resources than perhaps ever before.
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Radiology groups consolidate en masse in light of increasing demands, underfunding

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With seven of the country’s 20 most prominent radiology practices having completed business deals within the last 18 months, the field is witnessing more efforts to consolidate and conserve resources than perhaps ever before.
READ MORE >

Patient refuses to pay for pricey CT scan he expected insurance to cover

Jimmie Taggart went to North Mississippi Medical Center in West Point, Mississippi, complaining about severe back pain. When his doctor recommended an abdominal CT scan to confirm he had kidney stones, however, he wouldn’t agree to the procedure. He was afraid of how much it would cost.
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Patient refuses to pay for pricey CT scan he expected insurance to cover

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Jimmie Taggart went to North Mississippi Medical Center in West Point, Mississippi, complaining about severe back pain. When his doctor recommended an abdominal CT scan to confirm he had kidney stones, however, he wouldn’t agree to the procedure. He was afraid of how much it would cost.
READ MORE >

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