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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‘Corporate monster’: Pharmacists fight radiology vendor Change Healthcare’s merger with UnitedHealth

Opponents believe the $13B merger deal will give UHC access to a trove of intelligence on physicians, which it could wield unfairly in rate negotiations.

Radiology stakeholders want White House intervention to prevent ‘disastrous’ payment changes in 2022

Physicians face "draconian" Medicare cuts that could stifle cancer care in 2022, the American College of Radiology, ASTRO, Siemens and others wrote to President Biden recently.  

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Private equity-backed US Radiology Specialists hopes to hit $2.7B in revenue in next 5 years

The Raleigh, North Carolina-based group currently collects $1B in revenue and expects to grow rapidly via M&A. 

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Publicly traded radiology firm RadNet seeing ‘very active’ market for imaging center acquisitions

Recent deals include 10 facilities in New York’s metropolitan area and 5 more across the Empire State, New Jersey and California. 

Intermountain Healthcare

Hospital giant Intermountain Healthcare launching outpatient imaging center chain amid pricing pressure

Subsidiary company Tellica Imaging is searching nationwide for a CEO and is already working to open its first 3 stand-alone centers by late 2021. 

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Radiology groups exchange lawsuits with vendor, alleging ongoing billing issues

Zotec Partners has responded by countersuing, calling the latest complaint a “smokescreen” to hide imaging providers’ own violation of their contract.

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Moody’s downgrades radiology provider Akumin’s outlook to ‘negative’ amid delay in furnishing financials

The publicly traded imaging center operator postponed its Q2 earnings call after missing a deadline, and the investor service said lengthier delays could lead to a default.

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RSNA exhibitor signups down 20%, but interest in Chicago return still ‘strong’

More than 500 companies have confirmed spots for this fall's scientific assembly, including 71 first-time participants, the Radiological Society of North America announced recently.

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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.