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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5 ways to close the ‘unacceptable gap’ in cancer care between developed, developing nations

Filling the noticeable gap in quality cancer care between high- and low-income countries is a daunting task, but one that’s worth the effort, a group of experts recently reported in Radiotherapy and Oncology.

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Radiologist sentenced to 10 years in prison, $250K fine for kickback scheme

Radiologist Ronald Grusd, MD, has been sentenced to 10 years in federal prison and ordered to pay a $250,000 fine after being found guilty of fraud and bribery in connection with a detailed kickback scheme back in December 2017.

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Trade war of the worlds: US finalizes tariffs on $50B worth of Chinese products, including medical equipment

After months of statements, speculation, trade talks, tweets and threats, the U.S. government has officially put tariffs in place on $50 billion worth of products imported from China, including medical imaging equipment. X-ray, CT and MRI equipment are all on the list of products included in this announcement.

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ASRT Foundation announces recipients of more than $200K in scholarships

The American Society of Radiologic Technologists (ASRT) Foundation announced this week that it has awarded more than $200,000 in scholarships to 66 recipients for the 2018-2019 academic year.

Report: 2.3% ACA medical device tax hurt investment in R&D

A study in the latest edition of Research Policy, looking at the 2.3 percent excise tax imposed on medical devices in 2013, found it significantly reduced research and development investment, sales revenue, gross margins and earnings.

Radiology Partners adds 30 client sites in Midwest, Southwest

On Wednesday, June 6, 2018, Radiology Partners announced the addition of 30 client sites—pushing its total hospitals, clinics and imaging centers over 600 in 16 states.

Indiana University School of Medicine announces launch of new breast cancer research center

The Indiana University School of Medicine in Indianapolis announced this week the establishment of a new research center dedicated to advanced breast cancer research.

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Researchers estimate false-positive breast biopsies cost US healthcare system more than $2B annually

False-positive breast biopsies cost the U.S. healthcare system approximately $2.18 billion each year, according to a study published in ClinicoEconomics and Outcomes Research.

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.