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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Nearly 80% of physicians now work for hospitals or other corporate entities as private practice dwindles

For the first time, the percentage of practice ownership by PE firms and other corporate entities (30%) surpassed hospitals or health systems' share (28%). 

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RadNet acquiring 6 imaging centers, adding $15M in annual revenue

American Health Imaging, a partner with the larger private equity-backed US Radiology Specialists, is selling the locations. 

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Practice must pay $14M after table collapses under patient during imaging exam, jury rules

The original inciting incident occurred in July 2014, when 58-year-old James Griswold visited the Connecticut provider group for a nuclear stress imaging test. 

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Small practices left vulnerable after Change Healthcare cyberattack, with some considering bankruptcy

"These survey data show, in stark terms, that practices will close because of this incident," said AMA President Jesse Ehrenfeld, MD.

 

Semiautonomous AI shows potential to reduce false positives, unnecessary procedures and medical expenses

Scientists developed the deep learning algorithm using a set of over 123,000 digital mammograms (including 6,100-plus cancer cases). 

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‘Legal looting’: Watchdog highlights markets most impacted by private equity’s growing reach in radiology, other specialties

The Private Equity Stakeholder Project’s new State Risk Index is calculated based on 16 unique indicators. 

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Stroke patient sues radiology practice claiming negligence led to her fall from a CT scanner

Monica Lynch accuses Midstate Radiology Associates of failing to secure her to the scanner table and ignoring her needs during an examination. 

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Google teams with Bayer to address radiologist burnout via AI

"Gen AI can help tackle repetitive tasks and provide insights into massive datasets, saving valuable time," Thomas Kurian, CEO of Google Cloud, said Tuesday. 

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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.