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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The elusive economics of enterprise imaging

What should radiology be expending, in manpower as well as money, to help make medical imaging accessible to and from every clinical department? And what’s in enterprise imaging for radiology, anyway?

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Population-based cancer screenings could save thousands of lives, millions of dollars

Cancer screenings at the population level—rather than on an individual basis based on family history—could save thousands of lives and reduce costs, researchers reported this week in the Journal of the National Cancer Institute.

Cancer survivorship improving globally—but major disparities still exist

Cancer survival rates are increasing worldwide, but considerable gaps still exist between nations, especially when it comes to more lethal and childhood cancers, data from the CONCORD-3 study states.

Radiologist’s appeal denied in $5.9M wrongful death suit

On Jan. 30, the Pennsylvania Supreme Court upheld a $5.9 million ruling against Pennsylvania’s Abington Memorial Hospital and the Radiology Group of Abington (RGA) in the wrongful death of a patient who had a feeding tube mistakenly inserted into his lung.

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Imaging provider ordered to pay $16.2M for Medicare fraud

Imaging provider Orthopaedic and Neuro Imaging (ONI) has been ordered to pay $16.2 million for submitting false claims for Medicare reimbursement. ONI’s owner, Richard Pfarr, is liable for more than $6 million.

Investment firm agrees to buy Australian radiology provider

Shareholders of I-MED Radiology Network, one of Australia’s largest imaging providers, have approved a deal that would see a company backed by the investment firm Permira acquire its business.

Radiologists ages 55 and over sued more than younger colleagues

The older a radiologist, the more likely they will face a lawsuit, according to recent data published from the American Medical Association’s (AMA) 2016 Physician Practice Benchmark survey.

Family of former NFL player Mike Webster discusses being left out of concussion settlement

Mike Webster of the Pittsburgh Steelers was the first National Football League (NFL) player to be diagnosed with CTE, but his family is getting nothing out of the NFL’s concussion settlement.

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.