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.

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Experts detail how recent Medicare Physician Fee Schedule changes impact radiology

With the recent adjustment, the conversion factor is now 1.77% lower than it was in 2023, at $33.2875, consulting firm Healthcare Administrative Partners notes. 

March 28, 2024
physician money payments dollars

Radiologists collect $392M in payment perks from the imaging industry, far less than other specialists

The figure places radiology 12th on a list of 39 specialties ranked in terms of total amount paid to physicians between 2013 and 2022.

March 28, 2024
Tellica Imaging Intermountain

Hospital giant to expand homegrown outpatient imaging chain that offers flat-rate MR and CT

First launched in 2021, Tellica Imaging has aimed to capitalize on the industry's shift away from hospitals to less costly freestanding sites

March 28, 2024

Radiology groups slam UnitedHealthcare decision they say was inspired by ‘science-harvesting mercenaries’

UHC has labeled an IR service docs have been delivering for 9 years as “unproven and not medically necessary due to insufficient evidence of efficacy." 

March 28, 2024
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

UnitedHealth’s Optum to acquire 9-state multispecialty radiology provider

Dallas-based Steward Medical Group spans 450 practices, employing over 1,700 providers including 180-plus radiologists. 
 

March 28, 2024
Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 

Imaging’s total share of US healthcare spending plummets as others record gains

The percentage of patients who received imaging services also declined from 46% in 2010 down to 40% by 2021, experts wrote in Health Affairs Scholar

March 27, 2024

Phoenix Radiology inks deal with critical access hospital after previous imaging partner departs

Clarkston, Washington-based TriState Health had worked with Twin Cities Radiology for 25 years, with the practice ending the relationship due to retirement. 

March 27, 2024
Auburn University SIemens 7T magnetom scanner

University charts a world’s first with clinical use of new $9M 7T MRI system

The Siemens Magnetom scanner utilizes dedicated radiofrequency sodium coils and parallel transmit technology—a “stark” difference from older models

March 26, 2024

Around the web

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

Using CT to perform coronary artery calcium scoring on symptomatic chest pain patients can deliver significant value, according to a new data published in Radiology

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

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