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.

commercial health insurance

Health insurer eliminates prior authorization for 50% of radiology codes

Such policies "shouldn’t be used as a cost-control mechanism, or as a way to delay or deny appropriate care," the health plan's CEO said. 

M&A mergers and acquisitions business deal

Steward reaches deal to sell multispecialty physician group to private equity affiliate for $245M

The deal includes Steward Medical Group, a physician-led organization offering primary care, diagnostic imaging and other specialty services across several states. 

Medicare money payment reimbursement dollar decline george washington

Proposed Medicare cut will reduce RadNet’s revenues by upward of $8M in 2025

"Our experts believe there’s a high probability that the final rule governing next year's Medicare payments will be less severe than the current proposal," CFO Mark Stolper told investors.  

Dana Smetherman, MD, ACR CEO, explains AUC may be better than prior authorizations.

ACR CEO discusses solution to fight burdensome prior authorizations in medical imaging

Dana Smetherman, MD, MBA, outlines a possible remedy for the growing number of these roadblocks in the specialty. 

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Judge denies black-owned radiology practice’s request for injunction against RadNet center opening

Capitol Radiology had hoped to halt a new center from opening in Laurel, Maryland, contending it would have a “substantially adverse effect” on its business.
 

Nation’s largest teleradiology groups struggle to take on new business amid surging demand

Reno Radiological Associates is on the hunt for someone to help "decompress" its on-site rads, but the private practice has struggled to find help in a hyper-competitive market. 

CMS may double Medicare payments for cardiac CT

The agency is gathering feedback on a proposal to double the amount hospitals are paid for coronary computed tomography angiography, with the comment period ending Sept. 9.

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3D printing use in radiology saves an estimated 41 minutes, $2,500 per case

RSNA and ACR in 2020 established a registry aimed at collecting standardized data on 3D printing performed in healthcare facilities, sharing their insights in a new analysis. 

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.