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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McKesson, Change Healthcare finalize creation of new company

McKesson Corporation and Change Healthcare Holdings completed their previously-announced agreement to form a new health IT company, named Change Healthcare. The new company combines the majority of McKesson Technology Solutions and “substantially all” of Change Healthcare Holdings in a $6.1 billion deal. 

GE Healthcare packing its bags for downtown Chicago

GE Healthcare is off to the big (second) city, according to a report from the Chicago Tribune that details their move from suburban Chicago to the downtown area. Hundreds of GE Healthcare employees will join their GE Transportation colleagues in the West Loop neighborhood starting in the third quarter of 2017.

Veterans Healthcare system remains committed to efficiency, physician engagement

The Veterans Healthcare System is renewing its commitment to HealthLevel to collaborate on high-efficiency data analytics to improve radiology efficiency and physician engagement.

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Patients face misinformation from insurers when seeking coverage

A group hailing from the University of Michigan Medical School found widespread misinformation about Affordable Care Act (ACA)-mandated breast health coverage, using a mystery shopper who spoke with insurance representatives over the phone. Their research was published in the Journal of the American College of Radiology.

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Coding for Clarity: Echocardiography Gains Two New CPT Add-On Codes

The approval of two new Current Procedural Terminology (CPT) codes acknowledges echocardiographic myocardial strain imaging and myocardial contrast perfusion echocardiography as emerging technologies, often a necessary step before a code is promoted to payable status.

MEDNAX acquires Tennessee-based Radiology Alliance, Infinity Management

National health solutions partner MEDNAX has announced the acquisition of Radiology Alliance and Inifinty Management headquartered in Nashville, Tenn., in an effort to expand radiology strategy to include both on-site and teleradiology services.

National rad consortium hires erstwhile journalist Proval

Strategic Radiology, the Palmetto, Fla.-based consortium of 25 radiology practices across the U.S., has hired Cheryl Proval, a former editor of Radiology Business Journal and imagingBiz.com, to lead its marketing and communications efforts.

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We shape our social media—and our social media shapes us

I don’t recall the first time I saw a peer-reviewed study analyzing the use of online social media in medicine, but I certainly remember my initial impression. These so-called “researchers,” I thought, must have needed some busy work. 

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.