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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Appeals court revives suit alleging radiology practice used nonmedical-grade monitors to submit $6M in false claims

The case dates to June 2019 when whistleblower and Arizona IT executive Eric Stenson first filed suit against Tucson-based Radiology Limited. 

Steve MacMillan Hologic

Hologic to acquire rival breast care company for $310M—plus 2 more radiology vendor M&A deals

In other news, West Physics Consulting is acquiring part of Tricord Inc., while radiology appointment scheduling firm CCD Health was recently sold. 

breast cancer month ribbon

Momentum builds as Vermont becomes 23rd state to pass legislation bolstering breast imaging reimbursement

Out-of-pocket charges can range from $234 for a diagnostic mammogram to over $1,000 for a breast MRI, according to a recently commissioned study. 

Money handcuffs price cost cap

State caps annual healthcare price increases despite opposition from radiologists

Connecticut, Delaware, Massachusetts, Nevada, New Jersey, Oregon, Rhode Island and Washington have already established such healthcare cost growth targets. 

cyberattack cybersecurity IT

Disruptions to small practices’ operations remain ‘severe and ongoing’ months after Change cyberattack

Owner UnitedHealth had claimed services would be largely restored by late March, but doc groups such as the MGMA claim things are still a mess. 

Medicare Money dollar payment reimbursement

Nonphysicians saw a nearly 206% pay bump amid radiologist Medicare reimbursement decline

Congressional budget requirements mean that any pay bump to one fee-for-service provider type necessitates balancing cuts to others.

Bob Still RBMA 2024

Radiologist and 'Doctor Money Matters' podcast host Tarang Patel on why he is hopeful about the specialty's future

The noted radiologist discussed what's ahead for the specialty during the closing keynote at RBMA's annual meeting in Las Vegas. 

William T. Thorwarth ACR American College of Radiology

ACR ‘deeply troubled’ by health insurer’s ‘latest attempt to undervalue the role of radiologists’

The Blue Cross and Blue Shield Association licensee is attempting to curtail the delivery of multiple diagnostic imaging exams on a single patient during a single healthcare encounter. 

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Around the web

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

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.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

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.

Cardiovascular Business
GE HealthCare moves PET/CT scanner production to United States

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.