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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Could enticing retired radiologists back into practice help solve the workforce crisis?

Employing a "silver squad" of former physicians to decompress work lists should be a "strong consideration" for any practice, one expert argued. 

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GE HealthCare to acquire Cleveland-based provider of AI imaging-analysis software

MIM Software offers 40-plus solutions, used by over 3,000 institutions worldwide, and has more than 350 employees, also working in China and Belgium. 

mergers and acquisitions M&A puzzle

Radiology revenue cycle management firm Advocate RCM to merge with private equity-backed Ventra Health

Under terms of the deal, Advocate will become a division of Ventra, while its leaders will retain their roles in the newly combined company. 

Butterfly Network Ultrasound

FDA clears new point-of-care ultrasound system from Butterfly Network

Butterfly iQ3 is the third generation of the Burlington, Massachusetts, company's semiconductor-based, single-probe, whole-body scanner. 

Siemens headquarters

Siemens Healthineers inks ‘unprecedented’ $131M partnership with large health system

Varian said it plans to work closely with Nova Scotia Health to develop a new "digital imaging concept," the two organizations announced Jan. 4. 

Video of Geraldine McGinty, MD, MBA, Senior Associate Dean for Clinical Affairs, Professor of Clinical Radiology and Population Health Sciences, Weill Cornell Medicine, offering tips to retain radiologists. #greatresignation #ACR #RSNA #radiology

Improving recruitment and retention in radiology

Geraldine McGinty, MD, Weill Cornell Medicine, explains how practices can retain radiologists during the Great Resignation in healthcare.

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American College of Radiology urges feds not to target physicians in enforcing info-blocking rule

HHS hopes to create new disincentives for providers who knowingly and unreasonably interfere with the exchange of health information. 

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Program for closing loop on follow-up imaging recommendations generates $1M in revenue, covers FTE costs

Such a "safety net" team also can help to reduce diagnostic errors due to missed and delayed diagnoses, Brigham and Women's experts detailed in JACR. 

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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.