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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NIH announces $220M in funding for BRAIN initiative

The National Institutes of Health (NIH) announced new funding totaling more than $220 million for the Brain Research through Advancing Innovative Neurotechnologies Initiative (BRAIN).

Allstate files complaint against New York radiology providers, alleging fraud

Allstate Insurance and entities related to Allstate filed a complaint in the U.S. District Court for the Eastern District of New York on Oct. 18 against Rockville Centre Diagnostic Imaging and Diagnostic Imaging of Rockville Centre, alleging they “wrongfully paid” approximately $1.3 million for fraudulent charges related to diagnostic radiology services.

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MEDNAX acquires Chattanooga-based Associates in Diagnostic Radiology

MEDNAX has announced the acquisition of Associates in Diagnostic Radiology, a privately owned radiology practice located in Chattanooga, Tennessee.

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Radiologist hopes to win $100K research grant for work on intimate partner violence

A research team led by Bharti Khurana, MD, of the department of radiology at Brigham and Women’s Hospital in Boston, is working to create a program that can identify signs of intimate partner violence (IPV) in imaging results.

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Radiology Partners expands services in 8 states

Radiology Partners announced Tuesday, Oct. 30, that it has expanded its imaging services in eight states.

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AMA unveils 5-year, $15M initiative to improve residency training

The American Medical Association (AMA) has announced a five-year, $15 million grant program aimed at transforming residency training to best address the workforce needs of current and future healthcare systems.

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ASRT Foundation expands research grant funding

The American Society of Radiologic Technologists (ASRT) Foundation has expanded its research grant funding structure, separating it into three primary tiers.

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Georgia hospital opens new $5M IR suite

Piedmont Henry Hospital in Stockbridge, Georgia, has opened a brand new $5 million interventional radiology (IR) suite, which includes seven preparation and recovery areas and a separate room for procedures.

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.