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.

Phoenix Arizona

RadNet-Dignity Health joint venture acquires 7 imaging centers from Cigna company

Arizona Diagnostic Radiology is buying the Phoenix-area outpatient locations from Evernorth Care Group, the medical practice division of Cigna HealthCare of Arizona. 

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Radiologist to collect $4.6M jury verdict in whistleblower case against former practice

Eden Prairie, Minnesota-based Consulting Radiologists Ltd. allegedly terminated senior staffer Brent Bullis, MD, after he raised patient safety concerns. 

HeartFlow’s AI-powered CAD offering receives new CPT code with improved reimbursement rate

For this update to be finalized, the American Medical Association had to determine FFRCT Analysis met certain requirements in terms of its overall impact on patient care. John Farquhar, CEO of HeartFlow, described the news as "a win for everyone involved, most notably patients." 

Radiology departments that serve racial minorities, low-income patients less likely to receive NIH funding

A total of 75 radiology departments received National Institutes of Health funding between 2017-2021, ranging from $195,000 to nearly $217.9 million. 

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Radiology provider to close if it can’t find a buyer by end of March

Saltzer Health has faced "significant financial pressures as the rising cost of providing care, driven by inflation, has increased since the pandemic." 

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Only 21% of healthcare leaders say they’ve implemented AI in medical imaging

However, about 62% of decision-makers at the management and executive level said they plan to do so within the next five years. 

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International radiology societies share 4 key considerations when purchasing AI

RSNA, the American College of Radiology and others shared their advice in a new joint statement published Monday across several imaging journals. 

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Use of CT angiography has surged in recent years, with a corresponding drop in MRI

Ease of access, lower cost, and shorter scan time, especially for emergent clinical indications such as acute stroke, all may be fueling CTA volumes. 

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.