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.

Kate Hanneman, MD, University Of Toronto, explains why vendors and hospitals are increasingly discussing lowing their carbon footprint by starting with radiology. 

What does radiology have to do with climate change?

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

March 1, 2024
Financial data showing growing revenue

RadNet expects to open 12 new centers in 2024, potentially enter more markets

The decision comes amid strong demand for the publicly traded, Los Angeles-based radiology provider’s services. 

March 1, 2024
Department of Justice DOJ

DOJ collects $1.9B from healthcare in 2023, with imaging provider making 1 of the biggest payouts

Cardiac Imaging Inc. agreed to pay $85 million in October, the largest judgment in the “Laboratory, Pathology, Radiology and Diagnostics" category. 

February 29, 2024
carestream

Medical imaging vendor Carestream laying off 200-plus employees, closing facility

The decision is due to reduced production volumes, the high cost of site infrastructure and opportunities to streamline shipping. 

February 28, 2024
affidea

Investor-backed diagnostic imaging provider Affidea scores $216M in growth capital

The radiology group executed 14 acquisitions last year, adding 24 new imaging centers to its network for a total of 355. 

February 28, 2024
analyzing data

Radiology Partners’ restructuring reduces its debt by 20% or $600M, Moody’s estimates

That would leave RP’s current obligations at about $2.4 billion, with debt maturities now extended by several years. 

February 28, 2024
Texas

RadNet enters first new market since 2020, acquiring 7 imaging centers

The M&A deal is with Houston Medical Imaging, which performed over 135,000 procedures last year, producing $28M in revenue. 
 

February 28, 2024

Lawsuit accuses radiology AI vendor MIM Software of patent theft

Progenics Pharmaceuticals Inc. claims MIM stole its patents and used them to help entice GE HealthCare to buy the company in January.  

February 28, 2024

Around the web

Peninsula Imaging told Mary Raver in 2014 that a cancerous growth was benign. She now has 18 months to live.

The Society for Cardiovascular Magnetic Resonance applauded two new CPT Category III codes for myocardial blood flow reserve (MBFR) assessments.

The newly approved device is much smaller than previous offerings, helping operators capture 3D images during structural heart evaluations. 

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