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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Private-payer billings not radiology’s revenue category to lead

Going by claims submitted to commercial insurers, radiology ranks 15th out of 18 physician specialties. 

Paltry use of CT for lung cancer screening persists across all payer types

The findings should serve as a call to action for radiologists to increase awareness about LDCT, experts contended. 

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Radiology practices launch insurance plan to counter soaring costs, plus more company notes

Also, LucidHealth expands in Florida, New Jersey practice launches joint venture with hospital group, and US Radiology Specialists improves MRI efficiency. 

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American College of Radiology says accreditation fees will rise 9% across most modalities

Pricing updates will take effect on July 1 and mark the first rate increase in more than a decade, ACR said. 

Congress dome capitol Washington

Radiology business advocates implore Congress to remedy worsening physician shortages

ACR and RBMA want lawmakers to reintroduce the Resident Physician Shortage Reduction Act to begin addressing a growing deficit of docs.

Radiology rises into 10 highest paid specialties with average compensation of $503,564

The number represents a roughly 1.6% uptick from the radiologist salary figure recorded in the previous Doximity survey. 

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Cindy Crawford-backed, whole-body MRI startup continues expansion, despite radiologist concern

California-based Prenuvo recently raised $70 million and is opening several locations across the U.S. this year and next. 

interventional ultrasound

IR proves strong on practicality, profitability—but some cost-inclusive metrics remain to be shown

Recent evidence confirms that interventional radiology produces solid clinical outcomes while beating surgery on the cost-effectiveness of numerous procedures.

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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.