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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Alliance HealthCare finalizes partnership deal with Northeast Radiology

On Aug. 29, California-based Alliance HealthCare Services announced it had finalized a partnership agreement with Northeast Radiology, an imaging practice with five locations in Connecticut and New York.

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Judge rejects plea to amend $15M radiology medical malpractice suit award

An Indiana jury's medical malpractice verdict of $15 million awarded to a woman in June will stay, after her stage 4 rectal cancer went undetected on a CT scan. The defendant, the Center for Diagnostic Imaging of Carmel (CDI), was denied a reduction or amendment to the original judgement by Southern District of Indiana Chief Judge Jane Magnus-Stinson.

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Limiting oral contrast administration could bring big savings to EDs

Emergency departments (EDs) could see significant cost savings by eliminating oral contrast administration for most patients presenting with nontraumatic abdominal pain, according to a new study published in the Journal of the American College of Radiology.

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MUSC, Siemens Healthineers team up to improve healthcare in South Carolina

The Medical University of South Carolina (MUSC) and Siemens Healthineers have announced a new strategic partnership focused on improving healthcare throughout South Carolina. The collaboration will aim to innovate in target areas such as radiology, pediatric care, cardiovascular care and neurosciences.

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‘Doctors do just fine’: Critics respond to NYU’s free med school plan

When the New York University School of Medicine announced on Aug. 16 it would cover the full cost of tuition for all medical students, school officials lauded the move as a way to end debts exceeding $200,000 for graduating students and attract applicants from various socioeconomic backgrounds.

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ICD-10's Mixed Bag for Medical Imaging

The preparation period was long. Hopes and fears were high. Three years into the ICD-10 era, how is radiology’s day-to-day implementation stacking up against those early expectations and prognostications? (And is ICD-11 already in the works … really?)

Breast cancer survivors pay 112% more out-of-pocket when diagnosed with lymphedema

Out-of-pocket healthcare costs associated with breast cancer can already be enough to dramatically change a patient’s life. According to a new study published in Supportive Care in Cancer, those costs are even higher for survivors suffering from lymphedema.

Strategic Radiology announces addition of Georgia-based Radiology Associates of Macon

Strategic Radiology announced Thursday, Aug. 23, that Macon, Georgia-based Radiology Associates of Macon has joined its coalition of private radiology practices.

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.