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.

M*Modal enters chapter 11 bankruptcy protection

Speech recognition and data analytics vendor M*Modal, Franklin, TN, has filed for bankruptcy protection under Chapter 11 in the U.S. Bankruptcy Court in New York, reports the Wall Street Journal.

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Effects of the Most Recent Reimbursement Cuts to Diagnostic Imaging

VMG

The ever changing landscape of outpatient diagnostic imaging is compelling operators to have a keen understanding of market conditions in order to appropriately assess the potential return on investment on capital investments to upgrade or replace major imaging equipment. 

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The Knowns and the Unknowns

What do we really know? As former Defense Secretary Donald Rumsfeld once said: “We know there are known knowns; there are things we know we know.

Deadline Looms for “High Risk” Enrollees

According to an article in the Wall Street Journal, there is a significant segment of high risk individuals with pre-existing medical conditions currently enrolled in a federal health insurance program that is slated to close on March 31, 2014. This federal program was created shortly after the 2010 health law was passed to offer assistance to those people who couldn’t get coverage from commercial insurers because of their pre-existing medical conditions. There was $5 billion in funding set aside to cover this group’s medical claims through December 31, 2013. 

Feds Seize Records in Zwanger-Pesiri Medicare Probe

According to an article published in NewsDay, Federal agents raided the corporate headquarters of Zwanger-Pesiri Radiology in Lindenhurst on Tuesday, March 11, seizing the records of the business that operates 12 medical offices on Long Island, NY. 

41 Medical Societies Call for Quick Coverage on LDCT for Lung Cancer Screening

In an uncommon demonstration of agreement, 41 medical organizations delivered a consensus document to CMS calling for quick coverage of low-dose CT lung cancer screening for high-risk patients.

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A 21 Gun Salute to the RBMA Quest Marketing Award Winners

On Monday, March 10, the RBMA Quest Marketing Award winners were announced during the organization’s annual Building Better Radiology marketing Programs in Long Beach.

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California RBMA Chapter Sets Sail on the Queen Mary

The California Chapter of the RBMA convened Friday on the Queen Mary in Long Beach, California, with an agenda that addressed a quartet of the most compelling issues in radiology today: quality, the transition to ICD-10, and state and federal legislative and regulatory news.

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.