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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Current measuring stick may be underselling interventional radiology’s impact

IRs are inconsistently defined in health research and underrepresented by specialty designation in claims data, experts wrote Monday. 

Cloud technology

Sectra inks $16M enterprise imaging contract with large Midwest provider

The deal is with an unspecified radiology organization spanning multiple states, operating more than 20 sites that handle 2 million-plus medical images per year. 

Kate Hanneman, MD, University Of Toronto, explains why vendors and hospitals are increasingly discussing lowing their carbon footprint by starting with radiology. 

What does radiology have to do with climate change?

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

Financial data showing growing revenue

RadNet expects to open 12 new centers in 2024, potentially enter more markets

The decision comes amid strong demand for the publicly traded, Los Angeles-based radiology provider’s services. 

Department of Justice DOJ

DOJ collects $1.9B from healthcare in 2023, with imaging provider making 1 of the biggest payouts

Cardiac Imaging Inc. agreed to pay $85 million in October, the largest judgment in the “Laboratory, Pathology, Radiology and Diagnostics" category. 

carestream

Medical imaging vendor Carestream laying off 200-plus employees, closing facility

The decision is due to reduced production volumes, the high cost of site infrastructure and opportunities to streamline shipping. 

affidea

Investor-backed diagnostic imaging provider Affidea scores $216M in growth capital

The radiology group executed 14 acquisitions last year, adding 24 new imaging centers to its network for a total of 355. 

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Radiology Partners’ restructuring reduces its debt by 20% or $600M, Moody’s estimates

That would leave RP’s current obligations at about $2.4 billion, with debt maturities now extended by several years. 

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.