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.

Amid ‘ever-escalating’ costs in cancer care, experts say its ‘imperative’ radiology screens for financial toxicity
Despite this dire need, there is wide variability in such processes, including the timing, setting, tools utilized and interpretation of the results, according to new research.
Private equity dealmaking in healthcare stalls amid persistent bid-ask gap, negative regulatory environment
PE sponsors announced or closed about 158 transactions in the first quarter (including five in imaging), a “downward trend even from 2023’s sluggish pace,” Pitchbook reports.
Biopsy before ablation has no cost advantage over both-at-once approach
Established guidelines recommend biopsying small tumors of the kidney ahead of any procedure to ablate them. A new study confirms the validity of pursuing another pathway.
Radvocates applaud bipartisan bill that would end decade-long decline in Medicare reimbursement
The Radiation Oncology Case Rate Value-Based Program Act of 2024 would build on the shelved RO Model and save the federal payment program $200M.
Radiation therapy centers sold out of private equity-backed provider’s bankruptcy estate for nearly $3M
American Shared Hospital Services is acquiring a 60% stake and expects the facilities to generate upward of $10 million in annual revenue.

Market research: 40% growth in global contrast media market by 2022

The global market for contrast media is expected to grow from $4.3 billion to more than $6 billion by 2022, according to market research by GlobalData. 

April 13, 2016

iCAD decision support tool now available for Fujifilm full-field mammography system

iCAD, Inc., announced today that its mammography computer-aided detection solution is now available on Fujifilm’s Aspire Cristalle full field digital mammography system, according to a joint press release issued by the companies.

April 11, 2016

Zotec Partners to Deliver Live Business Intelligence Technology Demonstrations at the 2016 RBMA Radiology Summit

INDIANAPOLIS--(BUSINESS WIRE)--Zotec Partners (Zotec), the leading provider of radiology billing and practice management services, announces it will exhibit and provide business intelligence technology demonstrations of its Comprehensive Zotec Analytics & Reporting (CZAR), Zotec Analytics and Reporting Interface (ZARi), and Zotec Interface for Physician Productivity (ZiPP) technologies at the 2016 Radiology Business Management Association (RBMA) Radiology Summit.

April 11, 2016

Together at last: Mach7 Technologies and 3D Medical finalize merger

Mach7 Technologies and 3D Medical have announced the finalization of their merger, according to a company press release, resulting in the newly formed company Mach 7 Technologies Limited.

April 8, 2016

BioTelemetry to acquire VirtualScopics for more than $15 million

BioTelemetry has entered into a definitive agreement to acquire clinical trial imaging company VirtualScopics for approximately $15.5 million, the companies announced today. 

March 25, 2016

Q&A: Canon’s Richard Berger on the big Toshiba Medical Systems acquisition

After more than a week of rumors and speculation, Toshiba and Canon both made it official on Thursday: Canon has agreed to purchase Toshiba Medical Systems for more than $6 billion. Richard Berger, Canon’s global PR manager, talked about the deal via email with RadiologyBusiness.com, praising the company’s reputation and looking ahead to the future.

March 18, 2016

CIVCO announces acquisition of PCI Medical

CIVCO Medical Solutions announced this week it has acquired PCI Medical, a company that specializes in effective disinfection of heat-sensitive medical devices. No exact figures were made public.

March 17, 2016

Baylis Medical to open new facility with help from Ontario’s government

Baylis Medical, a medical device company with offices throughout the world, has announced plans to invest $32.5 million in a new research and development facility in Mississauga, Ontario, Canada. Part of that investment comes directly from the province of Ontario, which will provide a grant of up to $4.22 million toward the expansion.

March 17, 2016

Around the web

Cardiovascular Business

Medicare drops AUC requirement for advanced imaging, ASNC celebrates

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

Cardiovascular Business

Cardiology, radiology groups urge insurance provider to rethink imaging policy

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound.

Cardiovascular Business

Radiology AI company gains FDA clearance for new CT offerings focused on PE, stroke

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

Economics

Amid ‘ever-escalating’ costs in cancer care, experts say its ‘imperative’ radiology screens for financial toxicity

Private equity dealmaking in healthcare stalls amid persistent bid-ask gap, negative regulatory environment

Biopsy before ablation has no cost advantage over both-at-once approach

Radvocates applaud bipartisan bill that would end decade-long decline in Medicare reimbursement

Radiation therapy centers sold out of private equity-backed provider’s bankruptcy estate for nearly $3M

Around the web