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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US Radiology Specialists plots double-digit growth, fueled by M&A, after ‘extremely challenging’ 2020

The Raleigh, North Carolina-based practice plans to add more than 1,000 positions in the next 12 months, and just recently entered NY state.

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Bipartisan group of 50 US senators supports stopping radiologist Medicare pay cuts

The coalition of lawmakers shared their concerns on Friday in a letter to Senate leaders Mitch McConnell and Charles Schumer. 

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FTC approves Rad Partners’ blockbuster $885M acquisition of Mednax Radiology Solutions

Standard & Poor’s Global Ratings revealed the news in an update shared Dec. 3. 

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Cigna imaging restrictions will have ‘profoundly negative impact’ on pediatric care, radiologists warn

The Society for Pediatric Radiology is expressing significant concerns around a new payment policy, believing it could lead to patient harm and climbing costs.

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CMS drops final 2021 Physician Fee Schedule that includes ‘deeply troubling’ cuts to radiologists’ pay

Imaging advocates recently intensified their push for congressional action to counteract the payment punch.

Butterfly Network Ultrasound

Ultrasound maker Butterfly Network’s $1.5B merger, Philips beats antitrust claims, plus more vendor news

Also, GE Healthcare's new acquisition, Subtle Medical raises $12 million, and Fujifilm enters a new market in imaging. 

Practice agrees to pay $1.4M for allegedly delivering teleradiology services from outside the US

The Department of Justice claims that Mori, Bean and Brooks fraudulently billed government payment programs for the interpretation work between 2012 and 2019. 

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‘Dead wrong’: American College of Radiology sounds alarm over low doc engagement on high-impact issue

The Radiology Advocacy Network is trying to drum up support for a bill to grant rads a pay hike, but they're seeing historically low response rates. 

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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.