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.

Providence

Imaging center operator RadNet launches new joint venture partnership with Providence

Meanwhile, Moody's also recently issued a credit upgrade for the Los Angeles-based company, highlighting its "healthy" organic growth and "very good" liquidity. 

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Former radiology group employees settle lawsuit over retirement benefits for $19M

About 180 former employees settled a suit with the former managers and owners of their radiology practice, saying their retirement benefits were mismanaged. 

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Expedited g-tube placement cuts costs and LOS in head and neck cancer patients

There were no statistical differences in overall complication rates between the traditional and expedited groups, but there were marked savings and shorter hospital stays.

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Portion of patients undergoing CTA for headache or dizziness soars 67% while positivity rate plummets

That’s according to new research out of the Harvey L. Neiman Health Policy Institute, published in Internal and Emergency Medicine.  

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Radiology Group must pay $3.1M to settle allegations doc ‘rubber-stamped’ reports from India

A physician at the Atlanta-based firm purportedly spent as few as 30 seconds reviewing reports prepared by overseas readers who weren’t permitted to practice medicine nor bill government healthcare programs. 

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Experts detail how recent Medicare Physician Fee Schedule changes impact radiology

With the recent adjustment, the conversion factor is now 1.77% lower than it was in 2023, at $33.2875, consulting firm Healthcare Administrative Partners notes. 

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Radiologists collect $392M in payment perks from the imaging industry, far less than other specialists

The figure places radiology 12th on a list of 39 specialties ranked in terms of total amount paid to physicians between 2013 and 2022.

Tellica Imaging Intermountain

Hospital giant to expand homegrown outpatient imaging chain that offers flat-rate MR and CT

First launched in 2021, Tellica Imaging has aimed to capitalize on the industry's shift away from hospitals to less costly freestanding sites

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.