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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Walmart Health expanding into 3rd new state, offering imaging, Epic EHR integration

The Arkansas-based retail giant previously announced plans to more than double its healthcare footprint by the end of 2024. 

A location of Lumina imaging in Ohio

Hospital system seeks to scale imaging chain offering scans at up to 70% below traditional pricing

MetroHealth will expand its Lumina brand of patient-centric imaging sites via a franchise model, offering others a turn-key way to create retail-like radiology offerings. 

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Startup that converts MRIs into 3D assessments raises $3M from private equity, pro sports franchise

Springbok Analytics uses AI and the accuracy of magnetic resonance imaging to create “precise” muscle assessments. 

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No Surprises Act is working, new analysis contends, though it’s straining radiology providers’ margins

Urban Institute experts believe that OON payments and dispute resolutions will begin influencing negotiations tied to in-network imaging providers.

M&A mergers and acquisitions business deal

Private equity firm acquiring teleradiology outfit for $336M

Founded in 2004, Medica employs 400-plus providers working across 100 hospitals and completing 1.5M radiology reports annually.  

Butterfly Network Ultrasound

Ultrasound-maker Butterfly Network hires former telemedicine exec as new CEO at $875,000 base salary

Joseph M. DeVivo also is eligible for an annual bonus at 125% of that amount, along with a monthly housing allowance of nearly $17,000

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S&P downgrades radiology vendor Zotec Partners after losing its largest customer

The Carmel, Indiana-based revenue cycle management provider holds some $307M in loans that are due within a year but has struggled to refinance.

Image depicting gap between genders in pay

Female radiologists earn about 81% of what their male counterparts collect

Women also worked an average of 8% fewer days per year, which does not fully account for the gender pay gap, experts wrote recently.

Around the web

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.

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.

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