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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More, more, more: Patients to continue increasing their out-of-pocket payments

The past 35 years have seen U.S. consumers pay for a steadily growing portion of their own healthcare. In fact they’ve ponied up roughly $40 to $50 more each year, driving the average annual out-of-pocket expense from $250 in 1980 to $1,300 in 2015. 

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Jobs up, jobs down—a sign of these healthcare times

It’s a duo of developments that are completely unrelated yet similarly themed and coincidentally timed. Within the space of hours, one prestigious U.S. hospital system gives word of layoffs and another announces wage increases.

Companies look to transition retirees to health exchanges

Challenges and opportunities created by the Affordable Care Act are prompting two-thirds of companies to consider altering their pre-65 retiree health strategies over the next few years, according to a new Aon Hewitt survey.

Physicians seek payer inclusion, not impediment

With all the daily obstacles facing physicians these days, getting paid for the services they provide to keep patients healthy should be easy. Unfortunately, it isn't always.

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Oncology group proposes new payment model with ramifications for radiology

The American Society of Clinical Oncology (ASCO) is proposing an alternative payment model under the Medicare Access and CHIP Reauthorization Act of 2015, and it includes a bundled option that would set a target spending level for imaging services.

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Hit hard by health reform, some private payers looking to dramatically raise rates

A battle over big bucks is looming as major private health insurers in some states seek to aggressively hike premiums for plans they sold through Affordable Care Act exchanges. The companies angling for the biggest increases cite ballooning costs incurred by new enrollees. Consumer groups are preparing to push state insurance regulators to force the carriers to scale back their requests.

Medicare imaging spending is down, with some variation by state

Medicare imaging spending is down overall, but the exact figures vary from state to state, according to findings made available by Andrew B. Rosenkrantz, MD, and colleagues at the American College of Radiology’s ACR 2015 Annual Meeting.

Man behind multi-million dollar kickback scheme pleads guilty

The ringleader of a multi-million dollar radiology kickback scheme has pleaded guilty to first-degree financial facilitation of criminal activity and second-degree conspiracy to commit commercial bribery.

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.