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.

Thumbnail

Providers predict radiology practice closures if CMS fails to fix Medicare fee schedule

Payments for some office-based services are slated to fall 20%, potentially devastating private groups, experts said recently. 

Congress dome capitol Washington

Physician lawmakers take aim at Medicare pay cuts set to hit radiologists in near future

Failure to act could lead to further retirements, office closures or reduced staffing, MD Reps. Ami Bera and Larry Bucshon wrote to House leaders. 

Thumbnail

Radiology practices with 100 years of combined history merge in Northeast

Princeton Radiology and Medical Park Imaging will operate more than a dozen locations in New Jersey following their integration. 

Radiology provider Akumin forms ‘powerhouse,’ closing $820M purchase of Alliance Healthcare Services

The publicly traded imaging center operator is expanding vertically with the deal, moving into oncology solutions, imaging joint ventures, and advising others on acquisitions. 

healthcare value value-based care money dollar

Imaging did not contribute to an increase in Medicare spending between 2009-2019

Radiology recorded the most negative compounded annual growth rate when compared to all other Part B categories during those 10 years, according to a new analysis. 

covid-19 money virus coronavirus dollar

Practices push for Provider Relief Fund extension to grapple with ‘laborious’ requirements, COVID surge

Radiologists who collected such assistance between April-June, 2020, must report on their use of the funds by Sept. 30. 

Anthem

Insurer Anthem caves to radiologist pressure, lifting ‘profoundly negative’ imaging restriction

The Indianapolis-based payer had placed guardrails around reimbursement for some hospital-based imaging, but relented after "thoughtful" discussions with radvocates.  

Department of Justice DOJ

Change Healthcare, UnitedHealth ink pact with DOJ pushing back proposed merger’s timeline

The two companies detailed their new “timing agreement” with the Department of Justice in a recent filing with the Securities and Exchange Commission. 

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.