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.

Radiology Partners secures $695M from Golub Capital, closes Southwest Diagnostic transaction

California-based Radiology Partners has secured a $695 million credit facility from Golub Capital and has also closed its partnership with Southwest Diagnostic Imaging (SDI).

iCAD Announces Study Demonstrating Economic and Health Benefits of Intraoperative Radiation Therapy (IORT) for Early-Stage Breast Cancer Treatment

Lifetime cost-effectiveness analysis reveals $630 million annual cost savings, less radiation exposure and better quality of life for patients compared to external beam radiation therapy

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3 takeaways from exploring 20 years of Medicare Part B medical imaging data

Hoping to gain fresh insight into imaging utilization trends, researchers used the Neiman Imaging Types of Service (NITOS) coding system to study Medicare B Physician Fee Schedule billing data from 1994 to 2013, publishing their results in the American Journal of Roentgenology.

Facing looming radiology crisis in UK, Health Secretary plans to hire 500

National Health Service (NHS) Health Secretary Jeremy Hunt in the United Kingdom plans to hire 500 more NHS cancer experts, including radiographers and clinical endoscopists. His plan is to “speed up” cancer diagnosis to ensure patients begin treatment sooner.

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Q&A: What the 2018 MPFS Final Rule means for radiologists

CMS published the 2018 Medicare Physician Fee Schedule (MPFS) Final Rule in November, leaving healthcare providers with a lot to think about before the holiday season. Tom Greeson, a healthcare lawyer and partner with the firm of Reed Smith, spoke with Radiology Business about what radiologists and radiology practices need to know about the final rule as they make plans for 2018 and beyond.

Mednax reportedly fielding interest from private equity firms

Mednax, the Terrace Sunrise, Fla.-based healthcare provider, is “fielding acquisition interest” from numerous private equity firms, according to a story reported Friday by Reuters. Mednax acquired teleradiology giant vRad in 2015 for $500 million.

$1B lawsuit against eClinicalWorks alleges negligence with EHR, but are similar cases to follow?

In a $1 billion lawsuit against Massachusetts-based electronic health records (EHR) vendor eClinicalWorks, plaintiffs allege the company failed to provide reliable health information for millions of patients, violating certification requirements set by the Health Information Technology for Economic and Clinical Health Act (HITECH).

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6 Steps to Successful Asset Management in Radiology

How to Help Your Practice Make Objective, Informed Decisions on a Tight Budget  

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.