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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What does it take to perform an optimal cost-effectiveness analysis in radiology?

Performing a cost-effectiveness analysis (CEA) is a crucial part of the decision-making process for any imaging provider. The industry lacks consistency when it comes to exactly how CEAs are carried out, however, which can make their conclusions less reliable.

Initial ruling by judge sides with Hologic in ongoing patent dispute with Fujifilm

Fujifilm’s Aspire Cristalle breast imaging system violates four patents owned by Hologic, according to the initial ruling on July 26 of U.S. International Trade Commission Judge Clark Cheney.

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Report: Radiologists offered average $371K base salary, rank 5th as most requested medical specialty

National healthcare search and consulting firm Merritt Hawkins released its 2018 Review of Physician and Advanced Practitioner Recruiting Incentives, which listed radiology as the fifth most requested medical specialty searched in fiscal year 2017-2018, up from 10th in the previous year's report.

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NEMA leadership testifies on potential impact of latest tariffs

The National Electrical Manufacturers Association (NEMA) testified this week in front of the Office of U.S. Trade Representative (USTR) on the potential harm that could result from the U.S. government’s latest round of proposed tariffs on products imported from China.

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House votes to repeal medical device tax

The U.S. House of Representatives has voted to repeal the medical device tax, originally implemented as a piece of President Barack Obama’s Affordable Care Act, by a vote of 283 to 132. Fifty-seven Democrats voted with Republicans to eliminate the 2.3 percent tax. All eyes are now on the Senate to see what may happen next.

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40% of breast cancer patients struggle to afford treatment

Nearly 40 percent of women find their breast cancer treatment unaffordable, according to a large-scale study published in Cancer this month—but radiation oncologists are better than some at communicating financial difficulties to their patients.

Philips seals $164M tech deal with 2 German hospitals

Royal Philips has funneled roughly $164 million (€140 million) into two separate business deals with the Kliniken der Stadt Köln (Clinics of Cologne) and Städtische Klinikum München (Munich Municipal Hospital) in Germany, the company announced this month.

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The numbers don’t lie: 4 reasons to be optimistic about radiology’s future

Radiologists have a lot to be excited about in 2018 and beyond. Jim Y. Chen, MD, of the department of radiology at Brigham and Women’s Hospital in Boston, explored some recent statistics in a new commentary published by the Journal of the American College of Radiology, detailing what they mean for the specialty this year and in years ahead.

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.