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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Radiology: What to watch for in 2015

Zotec

In the year ahead, radiologists must continue to adapt to changes and rise to the evolving challenges delivered by health care reform, including better utilization of available data that are necessary to inform practice decisions and make long-term, significant changes to sustain their businesses, according to Mark Isenberg, Partner of Client Services with Zotec Partners. Isenberg discusses five topics with imagingBiz that should be on the radar for all radiologists in the coming year.

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Trending for 2015: Collaboration

From the floor of the 100th Annual Meeting of the RSNA, buzzwords were a-flying—value-based medicine, Internet-based systems, storage in the cloud, zero-footprint viewers and plenty of compact imaging technologies. Attendees were deluged with demonstrations of new and updated imaging systems, clinical presentations, as well as updates on image processing, storage and sharing capabilities. From a big picture perspective, however, the message was clear—collaboration is key.

Consumer medical debt hurts unprepared providers as well as unaware patients

Somewhere in the neighborhood of 43 million Americans show overdue medical debt on their credit reports. And a lot of them don’t even know about it until a collector starts calling and their credit score has already been damaged. 

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Healthcare in transition

The business of healthcare continues to change and radiology groups are looking beyond the bare branches of low hanging fruit which have provided short-term fixes to various business and reimbursement challenges. 

CareCore National and MedSolutions merge

BLUFFTON, SC AND FRANKLIN, TN – December 4, 2014 – CareCore National, LLC ("CareCore") and MedSolutions, Inc. ("MedSolutions"), two leading providers of Specialty Benefits Management (SBM) services to managed care organizations and risk-bearing provider organizations, today announced the completion of a merger that will help advance the companies‘ collective commitment to containing healthcare costs and achieving quality medical outcomes.

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Middle class healthcare spending rose 24% between 2007 and 2013

The Wall Street Journal released sobering analysis of basic spending by the American middle class this week based on consumer spending data from the Bureau of Labor Statistics. The report puts into stark relief the rising role of consumerism in healthcare delivery: Healthcare spending was up 24% and income rose a mere half percentage point.

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Farm-to-table radiology

Reading the morning newspapers (yes, the kind that leave black ink on the hands), I was struck by the current parallels between the medical imaging industry and agriculture.  In his Ahead of the Tape column in the Wall Street Journal, Spencer Jakab writes about the struggles of agricultural heavy equipment manufacturer Deere & Co, which is feeling the effects of falling crop prices.

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When ordering images, nurse practitioners, PAs far more trigger-happy than docs: study

Non-physician clinicians who have the authority to order imaging exams are much more likely to do just that than doctors presented with similar patient cases. 

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.