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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Strategic Radiology adds North Carolina’s oldest radiology practice

Strategic Radiology announced Tuesday, June 11, that Charlotte, North Carolina-based Mecklenburg Radiology Associates (MRA) has joined its growing coalition of independent practices.

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Radiologist found negligent in $11.5M medical malpractice suit

A jury has awarded a young patient $11.5 million in a medical malpractice lawsuit filed against a radiologist at Boston’s Newton-Wellesley Hospital. 

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Report: SEC investigating healthcare vendors for alleged bribes to Chinese officials

The U.S. Securities and Exchange Commission (SEC) is exploring the possibility that numerous healthcare vendors, including Siemens AG, Philips NV and General Electric, may have used “local middlemen” to bribe the Chinese government and certain hospital officials, according to new reporting from Reuters. 

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Ohio imaging provider charged with 25 counts of healthcare fraud

An imaging provider from North Canton, Ohio, has been indicted for billing Medicare and Medicaid for approximately $2 million in imaging services that never actually occurred.

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Radiology Partners celebrates growth over last 8 months

Radiology Partners announced Tuesday, May 21, that its specialists now provide imaging services for more than 925 hospitals, clinics and imaging centers throughout the United States.

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49% of radiologists have net worth of at least $2M

Forty-nine percent of radiologists have a net worth of $2 million or more, according to a new report published by Medscape. The report included survey responses from more than 20,000 physicians.

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Radiology Partners Research Institute awards five $20,000 grants for imaging research

The Radiology Partners Research Institute (RPRI) has awarded five $20,000 grants to imaging-related research projects throughout the United States.

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Brain imaging AI vendor Icometrix raises $18M

Icometrix, an international developer of AI-based brain imaging solutions, has raised $18 million in funding.

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.