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.

Lee Cooper US Radiology Specialists

US Radiology Specialists names new leader as founding CEO departs

Lee Cooper will take the reins at the private equity-backed practice on April 1 after previously spending nearly 30 years with GE. 

Seetharam (Ram) Chadalavada, MD, MS, Vice Chair of Radiology – Informatics, University of Cincinnati, UC Health, Associate Professor of Radiology Surgery, and Director of Interventional Radiology Medical Student Education, explains considerations radiology trainees should think about when they negotiate an employment contract.

Key points of contract negotiations for radiology trainees

Rads should learn more about employment negotiations before signing a contract, says Seetharam Chadalavada, MD, vice chair of radiology informatics at the University of Cincinnati.

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Radiologists are not adequately disclosing their financial conflicts of interest on social media, study charges

"Physicians should apply the same principles of disclosure that they do to academic publications, conferences and their general practice,” researchers contend. 

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Change Healthcare reaches ‘important’ step in resumption of services after cyberattack

To aid in this transition, Change owner UnitedHealth Group has advanced more than $2 billion in payments through multiple initiatives. 

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Proposed class action lawsuit accuses radiology practice of failing to protect patient information

Attorneys allege Eastern Radiologists failed to implement the proper protections that would have kept hackers from capturing nearly 890,000 patients’ data. 

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Doctors form new coalition focused on reducing private equity’s role in cardiology, other healthcare specialties

More than 5,000 U.S. physicians joined forces to launch the new group. They say they are focused on limiting private equity's involvement and influence in healthcare. 

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Radiology artificial intelligence ROI calculator demonstrates ‘substantial’ benefits at 5-year mark

Researchers built the tool to help imaging leaders quantify comparative costs, estimated revenues and the value of using an AI platform at a U.S. hospital. 

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MedPAC recommends ‘woefully inadequate’ pay update for radiologists in 2025

The average physician would receive 3% higher Medicare payments next year following the update, commissioners estimate. 

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.