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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CMS to streamline prior authorization process that has plagued radiology

Physician groups praised the final rule on, stating it will shine a light on payers' "egregious abuse" of the system. 

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Radiologists rarely break even in No Surprises Act payment disputes, new study finds

High fees for the process are limiting physicians’ ability to dispute payments and undermining their bargaining power in contract negotiations, experts contend. 

Billionaire Mike Bloomberg puts up $250M to open healthcare high schools for training radiologic technologists

The first institutions are slated to open this year via health system partnerships in Boston, Charlotte, Dallas and Houston. 

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Physician congressman hopeful that radiologist Medicare pay fix will advance soon

Rep. Greg Murphy, MD, R-N.C., first introduced the Preserving Seniors' Access to Physicians Act in December and is optimistic the House will consider the proposal soon.

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Many radiology residents facing double-whammy of heavy debt burden, poor financial literacy

About 60% of those surveyed said they had more than $100,000 in liabilities after graduating from medical school, researchers detailed in Clinical Imaging. 

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Private equity-backed bankruptcies hit record high, with radiology firm topping healthcare list

A total of 104 such portfolio companies went belly-up last year, representing a 174% increase over the 38 that filed in 2022, S&P reported. 

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Imaging not a major driver of healthcare costs, data from value-based commercial plan show

Radiology has been a common target in such efforts to reduce spending and prevent healthcare waste. But is such scrutiny warranted? 

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Private equity-backed DirectMed selling off part of imaging firm months after acquiring it

The company recently made the “strategic decision” to exit equipment servicing and focus on its core business of parts, system sales and training. 

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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.