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.

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).

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Wanted, resolution: Closing the CDS communications gap

Sponsored by FUJIFILM Healthcare Americas

January 1, 2017, is likely to be a red-letter day for radiology. As of this date, physicians ordering advanced diagnostic imaging exams (CT, MRI, nuclear medicine, and PET) for Medicare beneficiaries must, in compliance with the Protecting Access to Medicare Act of 2014, consult government-approved, evidence-based appropriate use criteria through a clinical decision support (CDS) system.

Hospital buys remaining stake in 2 imaging centers for $5.4 million

Baton Rouge General Medical Center has bought out its partners at two diagnostic imaging centers in Baton Rouge, La., for $5.4 million. The centers are located on Dijon Drive and O’Neal Lane. 

Northeast Radiology announces merger of operations with HVRA

Northeast Radiology has announced a merger with Housatonic Valley Radiological Associates (HVRA). After the move, which is effective August 3, the company will retain the name Northeast Radiology.

NHLBI awards pharmaceutical company $321,000 research grant

Navidea Biopharmaceuticals, Inc., a pharmaceutical company that develops and commercializes precision diagnostics, has been awarded a $321,000 Phase 1 Small Business Innovation Research (SBIR) grant from the National Heart, Lung, and Blood Institute (NHLBI).

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.