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 among specialties seeing greatest year-over-year gains in compensation: AMGA

Experts believe the data signal a continuing shortage of physicians across radiology and other specialties. 

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Strategic Radiology expands to 25th state with addition of Alaska Imaging

Based in Anchorage, the state’s largest community, the 25-year-old practice employs 20 board-certified radiologists delivering diagnostic and interventional services. 

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Doc groups say payer promises not enough to address care denials

MGMA and others who are part of the “Regulatory Relief Coalition” are urging Congress to continue pushing forward with the Improving Seniors’ Timely Access to Care Act. 

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Senate bounces spending bill back to House with 2.5% Medicare rad pay fix

In addition, there are no restrictions on pass-through entity taxes (PTET), which “benefits independent physician practices,” one expert notes. 

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Radiology Partners touts recent $2.3B debt refinance, placing practice on ‘strong trajectory’

“This refinancing reflects both strong financial performance and the confidence investors and lenders have in RP’s business model," CEO Rich Whitney says. 

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Medicare cost-cutting initiative targets ‘wasteful, inappropriate’ interventional radiology services

IRs criticized the CMS proposal, believing it could lead to excess morbidity and mortality in Medicare. 

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Radiology practice reportedly shutters after cyberattack, selling its property to local hospital system

Patients have filed a proposed class-action lawsuit against Pinehurst Radiology Associates, claiming it failed to protect their medical records. 

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Formerly bankrupt hospital partners with private radiology practice to provide imaging services

Watsonville Community Hospital in Santa Cruz County, California, is teaming with Radiology Diagnostic Services, appointing one of its rads as medical director. 

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Around the web

Cardiovascular Business
FDA-cleared software increases throughput for flurpiridaz back-to-back rest-stress imaging

The new F-18 flurpiridaz radiotracer is expected to help drive cardiac PET growth, but it requires waiting between rest and stress scans. Software from MultiFunctional Imaging can help care teams combat that problem.

Health Imaging
MRI projectile incident likely to result in a 'seven-figure sum' repair bill for hospital

News of an incident is a stark reminder that healthcare workers and patients aren’t the only ones who need to be aware around MRI suites.

Health Imaging
American College of Radiology announces significant expansion of Lung Cancer Screening Registry

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.