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.

venture capital corporate suit business corporatization

Radiologists ponder private equity in medicine: ‘Why aren’t we more concerned?’

Leah Davis, DO, and Sharon D'Souza MD, shared their thoughts in a piece published by Current Problems in Diagnostic Radiology.  

April 2, 2024
Scan workflow WVU radiology

Teleradiology medical malpractice more frequently leads to higher payouts, patient death

Findings are based on an analysis of 135 teleradiology malpractice cases and 3,474 more in regular radiology, conducted by Harvard Medical School and published in Radiology

April 2, 2024
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. 

April 2, 2024
Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

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. 

April 1, 2024
Head and Neck Cancer

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.

April 1, 2024

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.  

March 29, 2024

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. 

March 29, 2024
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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. 

March 28, 2024

Around the web

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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