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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Radiologists voice support for lawsuit against Biden administration

The American College of Radiology, American College of Emergency Physicians and American Society of Anesthesiologists want a court of appeals to uphold a recent ruling. 

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Authors in prominent radiology journals fail to disclose $186M in payments from the imaging industry

Nearly 81% of authors failed to report any ties to the industry, experts detailed Saturday in the Journal of the American College of Radiology. 

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Radiologists produce imitation PET scans via routine CT imaging

“With further tuning and validation, this pipeline may potentially add value in cancer screening, staging, diagnosis and prognosis," experts wrote in Cell Reports Medicine.  
 

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Judge denies radiology group’s attempt to dismiss lawsuit over $177M sale of the practice

Technologist Robert Harrison and his attorneys filed the complaint in 2021, charging that shareholders grossly overpaid in the deal, among other contentions

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Powering down interventional imaging systems saves tens of thousands in electricity costs

Making the hypothetical adjustment of switching all idle systems to off overnight and on weekends would save one hospital about $38,000. 
 

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Nearly 15% of claims submitted to private payers are initially denied

Private payers eventually overturned more than half of denials, with the claims paid, but only after “multiple, costly rounds of provider appeals.” 

Going green in the cath lab makes economic sense

New research explored the potential savings of turning off angiography systems at night and on weekends.

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Medical image-sharing startup PocketHealth raises $33M in series B financing

Round13 Capital and the investment arms of Samsung and Deloitte all pitched in, with the company using the money to double its workforce within the next two years.

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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.