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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Funding in imaging AI companies surpasses $1.2B

Companies developing imaging solutions powered by AI raised nearly $580 million in 2018, according to a report from Signify Research.

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GT Medical Technologies raises $10M for launch of FDA-cleared radiation therapy

GT Medical Technologies (GT MedTech) has raised $10 million in Series A funding to help support the launch of GammaTile Therapy, the company’s FDA-cleared radiation treatment developed for patients with recurrent brain tumors.

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GE now plans on selling nearly 50% of healthcare unit

General Electric (GE) has changed its original strategy and will now aim to sell nearly half of its healthcare unit, GE Healthcare, according to GE CEO Larry Culp.

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State-run website helps patients, insurers save big on imaging exams

Patients and insurers have both saved significant money on medical imaging procedures thanks to a state-run website in New Hampshire, according to a researcher from the University of Michigan (UM) in Ann Arbor.  

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UCSF unveils renovated imaging facility

The department of radiology and biomedical imaging at the University of California, San Francisco (UCSF) announced this week that the large expansion of one of its imaging facilities is now complete.

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Radiologist arrested on multiple charges after routine traffic stop

A radiologist who operates a private practice in Florida was pulled over on Jan. 29 for a routine traffic stop and arrested on multiple charges, including the illegal possession of a handgun. 

Accuray, China Isotope and Radiation Corporation announce new joint venture

Accuray Asia Limited, a subsidiary of Sunnyvale, California-based Accuray, has entered into a joint venture with CNNC High Energy Equipment, a subsidiary of Tianjin, China-based China Isotope and Radiation Corporation (CIRC), to sell radiation oncology systems throughout China. 

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Providers can see a financial benefit from offering free lung cancer screenings

Providing free lung cancer screening with low-dose CT (LDCT) clearly helps patients, but it can also lead to financial benefits for healthcare providers, according to a study published in the Annals of Thoracic Surgery.

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Around the web

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

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.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

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.

Cardiovascular Business
GE HealthCare moves PET/CT scanner production to United States

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.