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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American College of Radiology adds 6 new topics to its influential imaging appropriateness criteria

The update covers scenarios such as thoracic back pain (where imaging usually isn't appropriate) and penetrating torso trauma (which sometimes requires X-rays or CT). 

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Increased imaging utilization an ‘underrecognized’ facet of America’s substance use epidemic

On average, imaging costs per patient were almost 300% higher in the substance-use cohort, experts detailed in Academic Radiology

Stamford Hospital

Norwalk Radiology Consultants launches new joint venture with health system

NRC is teaming with Connecticut-based Stamford Health to open a new outpatient center with improved efficiency and competitive pricing. 

medical debt

Ratings agencies react favorably to RadNet’s $1B debt maneuver

Both S&P and Moody’s highlighted the Los Angeles-based company's strong revenue growth, competitive position and solid liquidity. 

M&A mergers and acquisitions business deal

Shimadzu Medical Systems acquires imaging products and services provider

Founded in 1992, Vacaville-based California X-ray Imaging Services Inc. is an authorized distributor for several leading manufacturers. 

Congress dome capitol Washington

Senate Finance Committee plans hearing to discuss radiologist Medicare payment reform

The American College of Radiology praised the hearing as a potential first step to address inadequate reimbursement levels under the federal payment program. 

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Radiology practice participation in payment-related survey is ‘urgently needed,’ ACR says

The American Medical Association has sent its study to thousands of members of the specialty but only received seven responses, ACR says. 

Senate hearing congress

Spurred by radiology M&A deal, US senators aim to curb ‘corporate greed’ in healthcare

UnitedHealth recently announced plans to purchase Steward Medical Group, a multispecialty radiology provider that spans nine states, after private equity owners left it financially hamstrung. 

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.