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.

AHRA 2017: Medical necessity review can save imaging practices millions

Pre-authorization can bog down the imaging process but the University of Colorado Hospital in Aurora, CO, has taken ownership of front-end authorization and medical necessity review, saving time and money when compared to outside referral specialists. This in-house review has reduced the time-to-authorization from 5 weeks to under 48 hours, according to Aaron Hackman, Radiology Reimbursement Specialist at University of Colorado Hospital.

July 5, 2017

Me, me, me: Exploring the rise of careerism in radiology

Many corporate employees look at each job as a stepping stone to the next, worried more about their next big promotion than actually doing a good job in the first place. This me-first attitude is being found more and more in radiology, according to a new article published in the Journal of the American College of Radiology, and it’s having a negative impact on the industry as a whole.

July 3, 2017

Stryker expands imaging portfolio with acquisition of fluorescence firm

Stryker Corporation has announced an agreement to acquire NOVADAQ Technologies, a firm specializing in fluorescence imaging technology used in surgery. The $701 million definitive agreement between Stryker and the Greater Toronto-based Novadaq is expected to close at the end of the third quarter.

June 19, 2017

3 radiology takeaways from 2017 physician recruitment report

An annual review of the search assignments conducted by physician recruitment firm Merritt Hawkins revealed an upturn in radiology hiring, among other trends.

June 7, 2017

Mammography rates vary among Medicare Advantage plans, indicating need for transparency

A review of mammography screening rates in Medicare Advantage plans found for-profit providers lagging behind their non-profit colleagues, signaling the importance of publicizing performance data so consumers and regulators can make informed decisions.

June 2, 2017

TeraRecon merges with McCoy Medical, spins out into new company

TeraRecon announced the acquisition of machine learning firm McCoy Medical Technologies at the Society for Imaging Informatics in Medicine’s Annual Meeting (SIIM17) in Pittsburgh.

June 1, 2017

Radiologists bucking industry trends in ownership structure

Radiologists were found to be consistent outliers in a study of physician practice arrangements conducted by the American Medical Association, holding higher-than-average rates of physician ownership and working in single-specialty practices more often than other physicians.

June 1, 2017

Siemens Healthineers finalizes acquisition of Medicalis

Siemens Healthineers finalized the acquisition of San Francisco-based healthcare tech firm Medicalis, signaling Siemens’ commitment to integrating population health management into radiology.

June 1, 2017

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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