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.

C4 Imaging awarded $1.3 million SBIR grant

C4 Imaging, a medical device development company, announced last week that it has received a $1.32 million Phase II Small Business Innovation Research (SBIR) grant from the National Cancer Institute of the National Institutes of Health. 

FDA increases fees associated with processing device export certificates

The Food and Drug Administration (FDA) announced this week that it has increased the fee for processing medical device export certificates that have already been requested in the past. 

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Vacancy rates up for numerous medical imaging disciplines

The vacancy rates for numerous imaging disciplines have increased in the last two years, according to a recent survey performed by American Society of Radiologic Technologists (ASRT).

One Call Care Management acquires radiologist network

One Call Care Management, a leading provider in the workers’ compensation industry, announced this week that it has acquired the MedFocus Radiology Network, which has access to over 3,400 different imaging facilities. 

Open Payments data shows physician-industry relationships less common in radiology

Radiologists had less reportable non-research-related, physician-industry financial relationships than most other medical specialties, according to a recent article published by the Journal of the American College of Radiology.

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GE reportedly close to deal with Capital One for healthcare finance unit

Capital One Financial Corp is close to acquiring General Electric (GE) Co.’s healthcare finance unit, GE Capital Healthcare Financial Services, for over $10 billion, according to a recent report by Reuters.

Philips Healthcare India announces $60 million investment in manufacturing facility

Philips Healthcare India will invest approximately $60 million into its Pune facility over the next three to five years, the company announced. 

RadNet, Barnabas Health expand N.J. joint venture

RadNet, one of the country’s largest operators of outpatient imaging centers, and Barnabas Health, a New Jersey-based nonprofit healthcare delivery system, have announced the addition of 11 imaging facilities to their joint venture, New Jersey Imaging Networks (NJIN).

Around the web

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.

After reviewing years of data from its clinic, one institution discovered that issues with implant data integrity frequently put patients at risk. 

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.

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