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.

HIMSS reports on 2016’s ‘growth technologies’

Healthcare Information and Management Systems Society (HIMSS) Analytics has published a report on some of the technologies shaping hospitals’ purchase plans in 2016.

Mammosphere founder discusses acquisition

Mammosphere, a women’s imaging network, made headlines last month when it was acquired by Waltham, Mass.-based lifeIMAGE. The acquisition allows providers using the lifeIMAGE medical image exchange platform to easily access the Mammosphere network. 

IRadimed Corporation announces revenue, net income increases in 4Q 2015

IRadimed Corporation, a Winter Springs, Fla.-based developer and manufacturer of MRI-related products, announced its fourth quarter 2015 financial results this week. 

Mallinckrodt reports earnings, sales growth in Q1

In its first earnings report of the year, Mallinckrodt saw adjusted earnings of $2.09 per share in the first quarter of 2016, an increase of nearly 17 percent year-over-year. Net sales for the quarter were reported at $915 million, up 20 percent from the previous year.

Rose Radiology Centers releases statement after $8.7 million settlement with government

The U.S. Attorney’s Office for the Middle District of Florida recently announced that Tampa, Fla.-based Rose Radiology Centers had agreed to pay $8.71 million to the government to resolve several different allegations. Now, Rose Radiology has issued a prepared statement on the settlement, offering the practice’s perspective on the situation.

NOVACAP invests in Intelerad Medical Systems

Intelerad Medical Systems, a Montreal-based developer of PACS and other software, has received “a significant investment” from NOVACAP, one of the largest private equity firms in Canada.

Rose Radiology Centers agrees to pay more than $8 million after numerous allegations

Rose Radiology Centers has agreed to pay $8.71 million to the government for violating the False Claims Act, the U.S. Attorney’s Office for the Middle District of Florida announced. 

New York radiologist pleads guilty to controlled substance scheme

Radiologist Albert R. Cowie, MD, of Amherst, N.Y., has pleaded guilty to obtaining controlled substances by fraud and healthcare fraud. 

Around the web

Prior to the final proposal’s release, the American College of Radiology reached out to CMS to offer its recommendations on payment rates for five out of the six the new codes.

“Before these CPT codes there was no real acknowledgment of the additional burden borne by the providers who accepted these patients."

The new images were captured at the European Synchrotron Radiation Facility using hierarchical phase-contrast tomography. One specialist called them "Google Earth for the human heart." 

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