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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Meeting the financial needs of the practice with analytics, reporting

Sponsored by FUJIFILM Healthcare Americas

You can show Kirk Hintz the money, or show him the data, but what he really wants to see is the variance. Formerly an options trader in Naples, Fla., with some practice administration experience, Hintz assumed the position of CEO for Nashville-based Radiology Alliance two years ago.

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Let the ranking begin!

Most of the world marks the start of summer with the summer solstice, that glorious moment when the tilt of the planet’s semi-axis is most inclined to the sun. We initiate the season with the launch of the annual survey to rank The Radiology 100: The 100 Largest Private Radiology Practices. Jointly produced by Radiology Business Journal and CliftonLarsonAllen, the ranking enters its seventh year in 2014.

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Health exchange rates to spike for market leaders, drop for laggards in 2015

Consumers who purchased health insurance through the state and federal exchanges created by the Affordable Care Act may find their current policies less affordable in 2015. At the same time, competition among insurers is expected to heat up, with many moving into new markets and those with low enrollments cutting rates, according to an article in the Wall Street Journal.

New Jersey imaging centers raided in Medicaid fraud investigation

Computers were seized and several arrests made when state authorities raided multiple locations in a Medicaid fraud investigation into the American Imaging Center chain based in Hackensack, N.J., according to an article on the Cliffview Pilot website.

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CIO survey: data variety, obstacles are on the rise in health analytics

Healthcare CIOs are using increasingly diverse sources of data on which to perform analytics, according to results of a survey co-sponsored by the nonprofit eHealth Initiative and the College of Healthcare Information Management Executives (CHIME). Many, however, have not committed significant resources or time to the activity.

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Medtronic-Covidien merger a match made in tax heaven

The high U.S. corporate tax rate was matchmaker in the deal announced Sunday in which medical-device maker Medtronic agreed to purchase Covidien PLC for $42.9 billion, according to an article in the Wall Street Journal.

Elsevier Acquires Amirsys, Provider of Healthcare Information Solutions and Content for Radiology, Pathology, and Anatomy

Philadelphia, PA, June 12, 2014 – Elsevier, a world-leading provider of scientific, technical and medical information products and services, announced today the acquisition of Amirsys.

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ASCO paper overestimates Medicare cost of LDCT lung-cancer screening

The ACR issued a swift response to a paper presented this morning at the annual meeting of the American Society of Clinical Oncology (ASCO) that overestimates the potential costs of low-dose CT (LDCT) lung-cancer screening to the Medicare program by using an outdated definition of a positive screening study.

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.