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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Radiologists grab growing share of enteric tube-placement market, Medicare data reveal

Members of the specialty perform nearly 92% of fluoroscopy-guided insertions, supplanting GI docs as endoscopic placements plummet. 

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ACR implores radiologists to speak up as feds eye expanded lung cancer screening coverage

The Centers for Medicare & Medicaid Services is accepting feedback from the field through June 17. 

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Imaging advocates report progress addressing Medicare PET/CT payment problem

The Society of Nuclear Medicine & Molecular Imaging and American College of Radiology are fighting for expanded coverage of the exam. 

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CMS exploring expanded coverage of low-dose CT lung cancer screening

Radiologists and surgeons have urged the agency to update imaging payment parameters to match the USPSTF's recent recommendations.

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46% of radiologists lost income in 2020, with some worried pay may never return to pre-COVID levels

The majority of self-employed physicians in imaging (51%) said they believe that 1%-25% of the drop in patient volume during the pandemic is permanent, according to new survey data.

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Radiology groups bristle at notion that providers cannot safely perform PET imaging in office setting

Imaging advocates want Medicare payment codes to reflect cost differences for performing varying types of exams, such as PET with and without CT. 

Nanox

Nanox stock plummets after startup announces another delay in novel imaging system rollout

Chairman and CEO Ran Poliakine said the setback stems from a third-party supplier of a key ceramic tube in its Nanox.ARC technology.

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RadNet sees earnings surge 93%, revising 2021 projections as volumes climb amid relaxed restrictions

COVID-19 has been a “catalyst for tuck-in acquisitions,” as the company purchased 10 East Coast imaging centers in February and March, ballooning its total to 346. 

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.