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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Texas

RadNet enters first new market since 2020, acquiring 7 imaging centers

The M&A deal is with Houston Medical Imaging, which performed over 135,000 procedures last year, producing $28M in revenue. 
 

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Lawsuit accuses radiology AI vendor MIM Software of patent theft

Progenics Pharmaceuticals Inc. claims MIM stole its patents and used them to help entice GE HealthCare to buy the company in January.  

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Senators press congressional leaders to address radiologist Medicare pay cut

“After three consecutive years of Medicare payment reductions, healthcare providers are at a breaking point," 32 bipartisan members of the Senate wrote recently. 

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S&P views Radiology Partners’ debt refinancing maneuvers as ‘tantamount to a default’

The country’s largest radiology practice first announced the series of actions, including raising $720 million in new “growth equity,” on Feb. 15. 

Sonus Medical systems ultrasound batch manufacturing

Proprietary mobile ultrasound system receives $2.1M in early funding

The remote system can be used anywhere and could provide access for patients in rural communities.

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Average in-network and OON payment amounts are converging in radiology

This trend was seen across radiology and emergency medicine, two specialties highly impacted by surprise billing, FAIR Health noted. 

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Radiology AI firm focused on visualizing dense breast tissue raises $1.7M

DeepLook Medical has developed what it claims is the first technology platform for assessing suspicious masses in such clinical scenarios. 

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After lawsuit and lengthy delays, imaging firm finally moves forward with merger deal

The agreement dates to December 2022, when QT Imaging first started discussing a sale to investment firm GigCapital. 

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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.