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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90% of residents in radiology and other specialties say they’re underpaid: ‘I am barely surviving’

The finding comes despite a 27% increase in average resident pay over the last nine years and 4% year-over-year growth, up to $70,000. 

Merit Medical Systems Fred P. Lampropoulos

Interventional radiology vendor Merit Medical to acquire device portfolio for $210M

Cook Medical’s lead management portfolio generated about $37 million in revenue in 2023, with most sales in the U.S., Utah-based Merit noted. 

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Radiology AI firm specializing in automating MRI workflows raises $19M

Copenhagen-based Cerebriu said the Danish VC firm North Ventures led the Series A funding round with support from EIFO and Sagitta Ventures. 

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Physicians debate the ‘perils and promise’ of whole-body MRI screening

This care model has grown in popularity, with startups such as Prenuvo and Ezra charging $2,500 out of pocket to screen asymptomatic patients for cancer and other diseases

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Population-based genetic testing coupled with MRI makes economic sense, averts more cancer deaths

“These findings suggest that changing the genetic testing paradigm to population-based testing could prevent thousands of breast and ovarian cancers," experts wrote in JAMA

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Lawmakers introduce radiologist-supported bill to punish payers that fail to pony up under NSA

Rep. Greg Murphy, MD, R-N.C., unveiled the No Surprises Enforcement Act on Sept. 13, joined by Reps. Raul Ruiz, MD, D-Calif., and John Joyce, MD, R-Penn. 

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Physician burnout has become ‘widespread,’ Radiology Partners warns Medicare program

Continued declines in reimbursement and mounting administrative burdens are combining to weigh down members of the specialty, RP wrote in recent comments. 

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US radiology providers catering to patients facing long wait times for imaging in Canada

One critical access hospital in North Dakota is treating upward of 20 Canadian patients per month, the CBC reports. 

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.