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.

Oregon imaging center closing in late January

Diagnostic Imaging of Salem in Salem, Oregon, is closing its doors on Jan. 26. 

January 16, 2018

GE considering breakup after continued issues

General Electric (GE) has experienced a lot of change in recent years, but a much bigger transformation could be on the horizon as a new report indicates the company is considering breaking itself apart.

January 16, 2018

Senators introduce legislation that would fully repeal medical device tax

Organizations such as the Medical Imaging and Technology Alliance and the Advanced Medical Technology Association have been pushing for Congress to fully repeal the 2.3 percent sales tax on medical devices. Could such action now be on the way?

January 15, 2018

Philips to move North American headquarters within Massachusetts

Royal Philips announced it will be relocating its North American headquarters in Massachusetts from Andover to Cambridge in 2020. The new location, including a 243,000-square-foot facility, will house 2,000 employees, while 300 ultrasound system manufacturing positions will stay in Andover, according to the Boston Globe.

January 15, 2018

NFL pledges more than $17M to concussion funding

The National Football League (NFL) has announced it is reallocating more than $17 million to fund concussion- and brain-related research. The funds will go to the Department of Defense, the Transforming Research and Clinical Knowledge in Traumatic Brain Injury (TRACK-TBI) study and the National Institute on Aging.

January 9, 2018

3 takeaways from a county-level exploration of the US radiologist workforce

Researchers performed a county-level analysis of the U.S. radiologist workforce, breaking down both the overall supply of radiologists in the nation as well as the subspecialization of those radiologists, and published their findings in the Journal of the American College of Radiology.

January 9, 2018

ACR offering summer internships to underrepresented minority med students

The American College of Radiology (ACR) is partnering with Nth Dimensions, an educational non-profit organization determined to increase diversity, to offer five summer internships in an effort to introduce women and underrepresented minority medical students to radiological specialties.

January 4, 2018

A game-changer for radiology? Exploring the economics behind the 2017 MPPR reduction

When Congress passed a $1.1 trillion Omnibus Spending Bill in December 2015, it included a rollback of the professional component (PC) Multiple Procedure Payment Reduction (MPPR) from 25 percent to 5 percent. The reduction was applauded at the time by organizations such as the American College of Radiology (ACR) and has now been in effect since January 2017. So what kind of impact is this policy shift having on radiologists in the U.S.?

January 2, 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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