Business Intelligence

Providers utilize business intelligence to monitor referral patterns and collaborate with clinicians who order their services. Such analytics tools have also been deployed in the specialty to improve productivity, track patient satisfaction and bolster quality.

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Two Montana Hospitals Settle Stark Law Allegations for $4 Million

St. Vincent Healthcare in Billings and Holy Rosary Healthcare in Miles City have paid the Department of Justice (DOJ) $3.95 million plus interest to settle allegations that the hospitals paid physicians for referrals

Magellan RBM Unit Posts 44% Profit Growth for Q1

Magellan Health Services reported a 6.3% Q1 year-over-year increase in revenue, with a 24.9% overall segment profit before EBITA. Three of five segments reported growth in profits, including the radiology benefits management segment, with profits of $19,274,000 in Q1 2013 compared to $13,361,000 in Q1 2012, a 44% increase.

Q1 2013 Health Care M&A Spending Falls 50% From Q1 2012

According to a new report by Irving Levin Associates, Inc., the health care merger and acquisition market may be cooling. Spending in the first quarter of this year was half of what it was during the same time last year.

Highmark Purchase of West Penn Allegheny Gets Green Light From State

The Pennsylvania Department of Insurance has finally approved insurer Highmark’s bid to purchase the struggling West Penn Allegheny Health System.

Senators Introduce Bill to Protect Helium Supply

Senators Ron Wyden (D-Ore) and Lisa Murkowski (R-Ark) have introduced bi-partisan legislation to delay the mandatory closing of the Federal Helium Reserve this year and ensure the government’s effort to privatize its supply of helium is more orderly

AAPS Sues ABMS Over New Board Requirements

According to the Association of American Physicians & Surgeons (AAPS) lawsuit, the American Board of Medical Specialties (ABMS) Maintenance of Certification program is nothing but a "money making scheme" that violates antitrust law

Radiologist and his Daughter Were Among Boston Marathon First Responders

A radiologist running the Boston Marathon with his daughter, a pediatrician, were among the first health care providers on the scene after bombs exploded at the finish line of the race

KFF: It’s the Economy, Not Efficiency, That’s Really Lowering Health Care Costs

A report out today from the Kaiser Family Foundation (KFF) adds urgency to efforts to repeal the SGR formula and keep the pressure on health care cost containment

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Around the web

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.

Cardiovascular Business
GE HealthCare moves PET/CT scanner production to United States

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