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.

Digirad invests $1 million in Perma-Fix Medical

Perma-Fix Medical, a Polish subsidiary of Perma-Fix Environmental Services, Inc., announced this week that it has completed its strategic partnership with Digirad Corporation. As part of the deal, Digirad invested $1 million into Perma-Fix Medical and Digirad CEO Matt Molchan joined its supervisory board.

Medical device company completes reverse merger, raises $26.7 million

ViewRay, Inc., a medical device company focused on treating cancer through advanced radiation therapy,  announced this week that it has gone public through a reverse merger and raised $26.7 million in private placement. 

Philips Healthcare Q2: Imaging order intake down, other divisions up

Philips Healthcare’s second quarter showed an 8% increase in sales, but order intake for its Imaging Services division took a double-digit hit, according to the earnings report released earlier this week.

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Guerbet to acquire Mallinckrodt's contrast media business in $270M deal

Guerbet has entered into a definitive agreement under which it will acquire Mallinckrodt's contrast media and delivery systems business (CMDS).  

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Brace for impact: ICD-10 will keep radiologists busy

The conversion from ICD-9 codes to ICD-10 is almost here, and radiologists should expect a 6-fold increase in the number of codes they use, according to a recent study published in the Journal of the American College of Radiology. 

New York radiologist pleads guilty to fraud

A New York radiologist pleaded guilty to healthcare fraud Wednesday and could face up to ten years in prison.

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Uninsured rate in U.S. is at lowest point in at least 7 years

During the second quarter of this year, 11.4 percent of adults in the U.S. were uninsured, the lowest rate since Gallup and Healthways began tracking it seven years ago.

Medical Group Merger In Response to Changing Healthcare Market

Radiology, Inc. and LaPorte Radiology, Inc.  are pleased to announce that they will combine operations effective January 1, 2016, and operate under the name, “Radiology, Inc.” 

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.