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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50 factoids illuminate key drivers of healthcare costs

The prices hospitals set for a series of common procedures increased by more than 10% between 2011 and 2013. That’s a faster surge than the rate of inflation—and it’s just one of 50 “things to know about healthcare costs” as spotlighted in a mid-year report from Becker’s Hospital CFO.

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Seeking certainty in radiology: Mergers, acquisitions and alternatives

Imagine if you could image the future. You’d see the exact path your radiology group must take to protect, and expand, its business. You’d be safe, secure and satisfied.

House votes to repeal controversial device tax

The House has voted, 280-140, in favor of repealing a 2.3% tax on medical devices. H.R. 160, the Protect Medical Innovation Act of 2015, passed with votes from every present Republican and 46 Democrats.   

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A brief history of modern medical imaging, absurdist yet accurate

“The one thing Democrats and Republicans agree about is mammograms: We need more, not less, screening. Meanwhile, screening has become radiology’s raison d’être, the treatment effect, the proof that imaging saves lives, the link between the radiologist in a dark room and the people.”

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Health insurers join the M&A action

The largest health insurance companies in the United States are racing to become even larger by merging with smaller rivals, according to an article published today in the Wall Street Journal. 

50 highest priced hospitals mainly impact uninsured, out-of-network patients

The 50 U.S. hospitals with the highest markups charge an average of ten times the Medicare-allowable cost, greatly impacting uninsured and out-of-network patients, according to a recent study published by Health Affairs. 

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Sonic Healthcare acquires Medisupport S.A. for $29.8 million, millions of shares

Sonic Healthcare Limited has announced the signing of binding agreements to acquire Medisupport S.A, a Swiss medical laboratory group, for approximately $29.8 million and over three million shares of Sonic stock. The deal is expected to be completed in July.

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Radiologist sues Duke University over alleged anti-competitive pact with UNC

A radiologist from the Duke University Health System has filed a lawsuit that says Duke and the University of North Carolina have an anti-competition agreement in place to “reduce employee compensation.” This agreement, according to the lawsuit, would be a direct violation of antitrust laws.

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.