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.

MITA: Trump administration’s new tariffs will harm U.S. economy; medical imaging equipment should be exempt

The Medical Imaging and Technology Alliance (MITA) has asked the U.S. government to establish a “timely and robust” process that could exempt medical imaging equipment from tariffs on Chinese products that went into effect July 6.

July 9, 2018
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It’s official: U.S. puts first tariffs into effect on Chinese products, including medical imaging equipment

On Friday, July 6, tariffs on $34 billion worth of products imported from China—including x-ray, CT and MRI equipment—officially went into effect. Tariffs on another $16 billion worth of products are expected to kick in in a matter of weeks.

July 6, 2018

How risk-based breast cancer screening could cut costs, reduce overdiagnosis

Breast cancer screening programs could reduce both costs and overdiagnosis by focusing on at-risk women, according to a new study published by JAMA Oncology.

July 5, 2018

Patient refuses to pay for pricey CT scan he expected insurance to cover

Jimmie Taggart went to North Mississippi Medical Center in West Point, Mississippi, complaining about severe back pain. When his doctor recommended an abdominal CT scan to confirm he had kidney stones, however, he wouldn’t agree to the procedure. He was afraid of how much it would cost.

July 3, 2018
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Anthem/AIM: Imaging programs can provide quality, affordable care to health-plan consumers

Here’s the thinking behind Anthem/AIM’s decision to steer certain advanced imaging procedures out of hospital settings.

June 28, 2018

Pharmaceutical companies paid radiologists more than $43.6M in 2015

Pharmaceutical companies paid radiologists more than $43.6 million in 2015, according to a new study published by Academic Radiology, but do such payments negatively impact public perception?

June 28, 2018
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MITA shares ‘serious concerns’ over impact of tariffs on medical imaging industry

The Medical Imaging & Technology Alliance (MITA) released a statement this week about the recently finalized tariffs on $50 billion worth of products imported from China and the June 20 Senate Finance Committee hearing held with U.S. Department of Commerce Secretary Wilbur Ross about the impact of those tariffs.

June 27, 2018
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GE moves to spin off healthcare division

After a year of soul searching and strategic review, GE announced its move today to spin off GE Healthcare into a standalone company over the next 12 to 18 months. The goal, the company said, is a leaner corporate structure with substantial reductions in debt.

June 26, 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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