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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Study: Use of Lung-RADS reduces false positives

The use of the Lung Imaging Reporting and Data System (Lung-RADS) criteria in reporting low-dose CT lung cancer screening results can result in lower false positives, according to a study published in the Annals of Internal Medicine.

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Emory, WellStar in talks to merge

Emory University and WellStar Health System are in talks to create a new healthcare system in what WellStar CEO Reynold Jennings calls "a merger of equals."

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Appeals court rules against St. Luke's on physician group acquisition

A federal appeals court has affirmed that Idaho-based St. Luke’s Health System violated state and federal anti-trust laws when it acquired Saltzer Medical Group in 2012.

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Refurbished medical equipment market projected to grow, and fast

When it comes to purchasing medical equipment, selecting secondhand doesn’t have to mean settling for second-rate. 

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Sometimes a headache alone points to a brain tumor, so let docs decide: study

Choosing Wisely, the ABIM Foundation’s widely followed campaign to counter overutilization, urges doctors to exercise great discretion before ordering neuroimaging when the patient’s only symptom is a headache. A new study calls into question the soundness of the recommendation. 

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AdvaMed survey finds that medical device tax continues to cost jobs

The medical device excise tax continues to cost the medical device industry jobs, though at a declining rate, according to a report issued last week by the Advanced Medical Technology Association (AdvaMed). 

Study finds that HIE reduces duplicate imaging, provides cost savings

One of the arguments justifying the costs associated with establishing broad-based health information exchange is that it is not only expected to produce gains in healthcare quality, it’s expected to result in cost savings as well. A study out of the University of Michigan and published in the journal Medical Care has determined that the adoption of HIE is associated with a decrease in repeat imaging in emergency departments and could save the healthcare system millions of dollars annually.

5 minutes with Richard Duszak, MD: From fee-for-service to value-based payment

Last week Secretary of Health and Human Services Sylvia Burwell announced plans to accelerate the timetable for Medicare’s move from a fee-for-service to a value-based reimbursement system. Richard Duszak, chief medical officer and senior research fellow of the American College of Radiology’s Harvey L. Neiman Health Policy Institute took a few minutes to give us his take on the announcement by HHS.

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.