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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MIPS packs positive—and potentially negative—punch for radiology

Sponsored by vRad

April 16, 2015, marked the beginning of a seismic shift in the healthcare landscape. On that day, the U.S. Senate passed H.R. 2, the MACRA, which repeals the SGR formula, extends the CHIP for two years, institutes a 0.5% increase in Medicare reimbursement over the next four and a half years and encourages physicians to transition to APMs.

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Merge imaging solutions help one practice establish lean, mean radiology process

Sponsored by Merge, an IBM company

Radiology has been hit hard by reimbursement cuts and regulations but the cutting-edge tools available are helping practices stay ahead of all the changes impacting the market.

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Medicare Overpayment Refunds in the Spotlight

The practice has identified a billing error or a compliance problem impacting Medicare coverage that resulted in the practice having received an overpayment from Medicare.

Great Lakes Medical Imaging expanding along with Erie County Medical Center

Great Lakes Medical Imaging, a private radiology practice with offices throughout Western New York, is expanding thanks in part to a contract with Erie County Medical Center (ECMC) in Buffalo, N.Y. 

Report shows Hologic leading 3D tomosynthesis market

Hologic continues to lead the 3D tomosynthesis marketplace as both Siemens and GE attempt to catch up, according to a new report from research and insights firm KLAS. 

Ohio imaging groups to close as radiologists move to Columbus Radiology

Columbus Radiology is scheduled to begin providing imaging services to Mercy Health-Cincinnati hospitals on Sept. 29, and the move has already had significant implications throughout Ohio. 

Del Medical, Premier reach agreement on custom pricing

Del Medical, a medical imaging company with headquarters in Harrison, N.Y., announced a new agreement this week with the healthcare improvement company Premier.  

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Public hearing on balance billing scheduled in Pennsylvania

Pennsylvania Insurance Commissioner Teresa Miller announced last week that her department will hold a public hearing about balance billing on Oct. 1.

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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