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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The Rewards of Risk: Radiology Takes The Leap

Radiology departments and practices have begun to gravitate away from fee for service and into the realm of risk and value-based medicine.

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Proceed with Care to ICD-10 Deadline

After a false start or two, CMS has set a final ICD-10 implementation deadline for October 1, 2015, as widely expected. 

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Implementing a Radiology Communications Platform: It’s All in the Workflow

Sponsored by FUJIFILM Healthcare Americas

When it comes to electronic communications for radiology, it’s all in the workflow, says Andrew Wells, MD, a radiologist with Hendersonville Radiological Consultants, an eight-partner practice that covers three hospitals in western North Carolina.

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Schuylkill Health: RIS Tackles Critical Results, Peer Review, Communications

Sponsored by FUJIFILM Healthcare Americas

When Schuylkill Health in Pottsville, Pennsylvania, started evaluating PACS to replace an existing system, a radiology information system (RIS) was not on the shopping list. The radiology department that served two hospitals and two specialty imaging centers used a hospital information system that had provided basic RIS functionality.

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Healthcare spending to exceed 10-year growth trend in GDP

Modest projected growth in the U.S. economy will help propel increases in health spending beyond growth in the GDP over the coming decade, according to a report from CMS published in Health Affairs.

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Getting paid in medicine

CMS just got an earful from the ACR on the proposed 2015 Medicare Physician Fee Schedule. At 38 pages long, the letter covered the gamut of concerns—the savaging of individual codes, a matter of pre-study bias and a litany of woes pertaining to dubious methods of calculating practice expenses.

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Defensive medicine drives $12B in unnecessary imaging

As much as 12 percent of the $100 billion spent on imaging each year is unnecessary, and the primary reason is defensive medicine, according to a new report on the imaging market from the research company peer60, American Fork, Utah.

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High Hopes for 2014 Open Enrollment

There's much to observe as the Obama Administration prepares for the upcoming open enrollment period for the federal health insurance exchange (HIX). The initial problem-laden rollout of the program online, followed by countless exceptions, extensions and delays, has cost billions of unplanned dollars and human resources, and all hope is pointed toward a smooth reenrollment for this year. 

Around the web

The ACR hopes these changes, including the addition of diagnostic performance feedback, will help reduce the number of patients with incidental nodules lost to follow-up each year.

And it can do so with almost 100% accuracy as a first reader, according to a new large-scale analysis.

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.