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.

Medical holography market expected to reach $4 billion by 2025

According to Research and Markets, the medical holography market is expected to reach $4 billion by 2025.

Two leading medical imaging providers complete merger

Leading medical imaging providers in Washington State, TRA Medical Imaging (TRA) and Medical Imaging Northwest (MINW), have officially completed a merger and will begin operating under TRA-MINW starting Jan. 1, 2017.

U.S. Attorney's office collects $250 million for Florida taxpayers in 2016

The U.S. Attorney’s Office for the Middle District of Florida collected a quarter billion dollars for taxpayers this fiscal year 2016 from high-profile cases involving civil enforcement cases, most alleging radiology and health care fraud.

Carestream Health awarded $571 million from Department of Defense

Carestream Health has won a $571 million contract with the Department of Defense (DOD), with earnings going toward radiology systems, accessories and training.

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RSNA 2016: Reasons for wasteful imaging—and how to fix them

The costs of imaging services have risen at twice the rate of other health technology sectors such as pharmaceuticals, and they are rapidly approaching 10 percent of total healthcare costs. While imaging has changed medicine for the better, some of the growth can be attributed to inappropriate imaging—costing between $3 billion and $10 billion annually.

T RA Medical Imaging Engages Zotec Partners in Extended Revenue Cycle Management Agreement

INDIANAPOLIS, IN – (December 8, 2016) – Zotec Partners (Zotec), the industry leader in physician billing and practice management services for radiology practices nationwide, is pleased to announce a revenue cycle management renewal with TRA Medical Imaging (TRA).

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Suiting Up for Value-based Payment

With momentum gathering, we conversed with two radiologists for their thoughts on how radiology should suit up for value-based payment.

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RSNA 2016: The pitfalls of negotiating exclusive provider agreements

Contracting with hospitals can be a proverbial minefield for radiology groups, unless you have a strategy for negotiations and some legal guidance. Kenneth Davis Jr., JD, a healthcare attorney, and Lawrence Muroff, MD, CEO of Imaging Consultants, presented both the attorney and radiologist perspectives on exclusive provider agreements at a presentation at RSNA 2016.

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.