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.

Limiting oral contrast administration could bring big savings to EDs

Emergency departments (EDs) could see significant cost savings by eliminating oral contrast administration for most patients presenting with nontraumatic abdominal pain, according to a new study published in the Journal of the American College of Radiology.

August 27, 2018
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MUSC, Siemens Healthineers team up to improve healthcare in South Carolina

The Medical University of South Carolina (MUSC) and Siemens Healthineers have announced a new strategic partnership focused on improving healthcare throughout South Carolina. The collaboration will aim to innovate in target areas such as radiology, pediatric care, cardiovascular care and neurosciences.

August 27, 2018
NYU Langone Medical Center

‘Doctors do just fine’: Critics respond to NYU’s free med school plan

When the New York University School of Medicine announced on Aug. 16 it would cover the full cost of tuition for all medical students, school officials lauded the move as a way to end debts exceeding $200,000 for graduating students and attract applicants from various socioeconomic backgrounds.

August 24, 2018
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ICD-10's Mixed Bag for Medical Imaging

The preparation period was long. Hopes and fears were high. Three years into the ICD-10 era, how is radiology’s day-to-day implementation stacking up against those early expectations and prognostications? (And is ICD-11 already in the works … really?)

August 24, 2018

Breast cancer survivors pay 112% more out-of-pocket when diagnosed with lymphedema

Out-of-pocket healthcare costs associated with breast cancer can already be enough to dramatically change a patient’s life. According to a new study published in Supportive Care in Cancer, those costs are even higher for survivors suffering from lymphedema.

August 23, 2018

Strategic Radiology announces addition of Georgia-based Radiology Associates of Macon

Strategic Radiology announced Thursday, Aug. 23, that Macon, Georgia-based Radiology Associates of Macon has joined its coalition of private radiology practices.

August 23, 2018
China United States USA trade tariff logistics shipping

NEMA urges USTR to ‘minimize collateral damage’ with any additional Chinese tariffs

Kevin J. Cosgriff, president and CEO of the National Electrical Manufacturers Association (NEMA), testified Tuesday, Aug. 21, that NEMA and its member companies hope the Office of the U.S. Trade Representative (USTR) can ensure that any additional tariffs on Chinese products come with specific targets and time limits in place.

August 22, 2018

Staff shortages in imaging departments causes stress among existing employees

Planning around staff shortages in radiology might seem like a future inevitability for departmental directors, British researchers wrote in a Radiography study published this month. But employees’ greatest source of psychological stress doesn’t stem from a lack of colleagues—it comes from the uncertainty of a constantly shifting job market.

August 22, 2018

Around the web

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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