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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Philips inks $50M ‘long-term strategic partnership’ with New Jersey hospital system

With the agreement, Inspira Health plans to standardize diagnostic technology across its dozen-plus facilities, including three hospitals. 

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Misinterpretation of scans the leading cause of radiologist malpractice claims, analysis finds

That’s according to an analysis of nearly 600 malpractice claims against radiologists closed between 2013 and 2018, released by the Doctor's Company on Tuesday Dec. 3. 

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RSNA 2019: Comparative effectiveness research comes into its own

In U.S. healthcare’s volume-to-value era, the ability to directly compare two or more diagnostic and/or therapeutic options is paramount. And the head-to-head matchup must reveal which pathway promises the biggest bang for the buck.

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How Will the Generalist Survive?

Given radiology’s development into a subspecialist-rewarding profession, is there pressure on radiology residents to choose a subspecialty or two and, in turn, aim to make generalized practice a side job? Should even established rads concentrate on one area as a way to remain relevant?

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Judge dismisses provider’s class-action antitrust claim against the American Board of Radiology

Tennessee-based radiologist Sadhish Siva, MD, had argued in court that the ABR ran afoul of antitrust laws by tying together its physician certification and ongoing recertification programs, locking providers into years of expensive accreditation with little benefit.

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FDA approves ‘groundbreaking’ hands-free robotic system for use with CT procedures

XACT said it planned to roll out the system at select U.S. radiology centers in the future, and will highlight its technology at RSNA’s annual meeting in Chicago, which starts Dec. 1.  

Alternative payment model reporting enhances MIPS performance

Radiologists' performance in the Merit-Based Incentive Payment System (MIPS) is best when MIPS-Alternative Payment Models replace group and individual reporting.

52 technologists, radiation therapists receive ASRT grants

The American Society of Radiologic Technologists has announced 52 recipients of grants designed to support the professional and educational advancement of technologists and radiation therapists.

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.