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.

covid-19 coronavirus

Per-patient imaging utilization, RVUs leapt during the pandemic despite overall drops in radiology volumes

Reasons for this oddity are likely multifactorial, including uncertainty about the management of COVID-19 patients, experts detailed in Clinical Imaging. 

healthcare value value-based care money dollar

Nation’s largest insurer wants 55% of radiology services delivered at freestanding sites by 2030

Routine diagnostic imaging at a hospital can cost 165% more than other outpatient settings, UnitedHealth Group estimated. 

layoffs staff cuts termination workforce

Imaging firm cutting one-third of workforce; US Radiology Specialists' partnership, plus more vendor news

Also, Butterfly Network building a new headquarters, Hyperfine names a CEO, and ImaginAb raises $12.8 million in funding. 

thyroid biopsy

'Surprising’ widespread variation in payer-negotiated thyroid imaging prices

An uptake scan, for instance, could cost nearly five times as much within the same institution, depending on the patient’s insurer.  

money maze payment reimbursement

Radiology 3rd among specialties with heaviest prior authorization burden

"This study shows what many radiologists probably already expect: That private insurers have instituted broad prior authorization policies," one expert told Radiology Business

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Insurance giant Aetna expands coverage for annual low-dose CT lung cancer screening: ‘Lifesaving’

The American College of Radiology had urged the Hartford, Connecticut-based company to revise its payment policy to match new USPSTF guidelines.

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Radiologist launching nationwide chain of outpatient centers with shadow investor’s $125M backing

Joel Rainwater, MD, just opened his flagship location in Gilbert, Arizona, housed in a 15,000-square-foot former Walmart Neighborhood Store. 

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Radiology vendor United Imaging eyes $1 billion initial public offering

Founded in 2011, the Shanghai-based firm recently scored U.S. FDA clearance for products tied to nuclear and MR imaging. 

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.