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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Hospital to pay False Claims Act penalty for allegedly letting unsupervised residents interpret X-rays

University of Iowa Health Care also has agreed to mandate that physicians receive training on Medicare's requirements for reimbursement in a teaching setting. 

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Imaging center, partner hospital agree to pay $2M to settle False Claims Act case

Diagnostic Imaging Associates billed CMS for both service components, but the hospital was ineligible for reimbursement, the DOJ said.

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CMS fully resumes dispute resolutions under No Surprises Act following pressure from radiologists

Delays in determinations were "harming members’ practices" by holding up payments for services, the ACR said. 

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Department of Justice drops bid to quash UnitedHealth-Change Healthcare merger

The DOJ first filed suit more than a year ago, arguing the $8B, all-cash deal would stifle competition in the claims-processing and health insurance marketplaces. 

Price for a brain MRI actually cheaper at for-profit hospitals than their nonprofit counterparts

“My takeaway: Commercial negotiated price reflects hospitals’ market power,” the JAMA study's author told Radiology Business

Radiology provider Akumin hampered by ‘unprecedented’ cost inflation, clinical labor shortages

“Despite these challenges, we were able to deliver solid performance and have positioned the business for strong organic growth," said CEO Riadh Zine. 

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Medtronic, Edwards among the healthcare organizations chosen as World’s Most Ethical Companies in 2023

The annual list, now in its 17th year, was designed to celebrate companies that make ethical business practices a high priority. 

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Rad Partners, Rayus Radiology and RadNet urge CMS to address ‘systemic threats’ to imaging access

Meanwhile, MedPAC has recommended a pay hike for physicians, drawing praise from the American Medical Association. 

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.