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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S&P plans to reclassify Radiology Partners’ debt as ‘distressed’

The agency downgraded certain notes to “CC,” indicating the obligations are “highly vulnerable” to nonpayment, with default “expected to be a virtual certainty.”

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Feds move forward with sale of helium reserve, stoking fears of reduced MRI access

Imaging advocacy groups including AdvaMed recently implored the U.S. General Services Administration to postpone the deal. 

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CMS seeks to improve transparency among Medicare Advantage plans

Such insurers are slated to collect more than $7 trillion over the next decade, with MA now accounting for over 50% of all Medicare enrollment. 

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Only 3% of radiology groups have responded to crucial AMA survey on practice expenses

“It is critical that radiology participates in this survey effort to provide updated and accurate practice costs that are representative of our specialty," ACR urged.

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State lawmakers advance bill that would remove time limits for some medical malpractice suits

Lobbyists for physician groups have testified against the proposal, concerned it could punish providers for not relaying meaningless findings to patients. 

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Nearly half of patients surveyed believe MRI exposes individuals to ionizing radiation

Another 36% think that both magnetic resonance imaging and computed tomography use the same technology to create diagnostic images. 

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Hospital to decommission its nuclear medicine department due to lack of use

“We’re getting less and less referrals, and that number is dropping,” Anthony Mitarotondo, MD, director of Stony Brook Radiology, said during a recent public hearing. 

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Radiology experts develop tool for predicting whether patients will require advanced imaging

The Neiman Imaging Comorbidity Index was created using claims from over 10.5 million individuals covered by a large commercial payer.

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.