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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Final 2023 physician fee schedule out from CMS; early reactions register exasperation, resolve

CMS has finalized the Medicare Physician Fee Schedule (MPFS) for 2023, and its reimbursement reductions for radiology are less harsh than those proposed preliminarily in July.

Providers face ‘ominous reality’ of payment cuts as CMS finalizes 2023 Physician Fee Schedule

Physicians are now bracing for payment cuts after the Centers for Medicare and Medicaid Services (CMS) published its final rule for the 2023 Physician Fee Schedule.

Philips running short on MRI coil disposables, FDA advising providers to consider image-guidance alternatives

In a letter to providers, the agency recommends Philips clients in the affected product category consider any of three steps to cope with the interruption. 

14 House members—7 Democrat, 7 Republican—press CMS to step up its game on CCTA

A bipartisan group in the U.S. House is asking CMS to acknowledge the cost-effectiveness of coronary CT angiography by comprehensively covering the exam for patients who present with acute but stable chest pain or other early signs of arterial plaque buildup.

X-rays may suffice for assessing some low-back fractures

It’s unlikely radiography will unseat MRI for routinely distinguishing between acute and chronic compression fractures of the lumbar vertebrae, but certain X-ray findings might, in cases, obviate the need for the pricier imaging option.

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Radiology techs in especially high demand as 85% of hospitals seek ‘allied’ health workers

More than four-fifths of healthcare provider organizations are shorthanded of allied health professionals, and the job title with the most unfilled positions in the category is radiologic technologist.

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RBMA consumer survey finds screening mammography low, Medicare concerns high

Almost half of U.S. women covered by or eligible for Medicare have not been screened for breast cancer for at least three years, according to a study just out from the Radiology Business Management Association.

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ACR, familiar allies unite anew to ‘stop insurer profit grab at patient and provider expense’

The American College of Radiology is again linking arms with the American College of Emergency Physicians (ACEP) and American Society of Anesthesiologists (ASA) in a lawyer-guided effort to iron out an abrading wrinkle in the No Surprises Act.

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.