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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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.

Delphinus Medical Technologies raises over $39 million in capital

Delphinus Medical Technologies, a breast ultrasound technology company, announced this week that it raised over $39 million in a venture capital round.

Sectra announces over $26 million in net sales for Q1

Medical IT and technology company Sectra has announced its earnings for the first quarter of the 2015/2016 fiscal year, including $26.75 million in net sales, up almost 6 percent from the previous year.  

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.