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.

Salt Lake City Utah

Center for Diagnostic Imaging enters new market with acquisition of 8 outpatient radiology centers

Leaders with the growing practice said they’ll continue to seek further deals in the near term, focusing on “high quality providers in attractive markets.” 

UnitedHealthcare UHC UnitedHealth

UnitedHealthcare’s revised CT payment policy ‘threatens’ the patient-physician relationship, advocates warn

The nation’s largest commercial insurer—covering some 70 million Americans—first implemented its imaging reimbursement update in the spring, drawing concern from the field. 

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Envision inks in-network radiology deal with Humana, Akumin’s Q3 earnings, plus more company news

Also, Irish teleradiology leader sells for almost $19 million, SimonMed's latest partnership, and New Jersey practice changes its name. 

insurance payer payment insurer

Top nuclear imaging group ‘strongly disagrees’ with Humana’s decision to refuse coverage for PET/CT

The Society of Nuclear Medicine and Molecular Imaging said the move denies patients access to potentially lifesaving technologies.

COVID-19 congress coronavirus Washington

Radiology among 74 medical groups pressing politicians to protect providers from ‘devastating’ pay cuts

ACR, SNMMI and others voiced their support this week for the “Holding Providers Harmless from Medicare Cuts During COVID-19 Act."

vaccine syringe covid-19 coronavirus

American Medical Association releases new CPT codes to report COVID-19 vaccinations

AMA said it’s rolling out this info before any drug is available so that practices can prepare their EHRs ahead of time. 

profits revenue finance money

RadNet sees ‘substantial’ rebound from pandemic woes in Q3, with sequential revenues up 53%

Leaders with the Los Angeles-based outpatient imaging giant partially credited “aggressive" cost containment measures for their rosier financial picture. 

Mednax Radiology logs $126M in Q3 revenue ahead of closing mega deal with Rad Partners

The Florida firm recorded $21.1 million in imaging earnings as it seeks regulatory approval for the business line's divestiture. 

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.