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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Startup aiming to streamline medical imaging appointments raises $9M

Medmo has now expanded nationwide, supporting clients including imaging centers, primary care groups, large hospital systems and virtual health providers. 

NYU Langone Health

Philips inks 8-year partnership worth up to $115M with NYU Langone Health

As part of the deal, the top-ranked academic medical center will adopt Philips’ AI-powered imaging technologies, including handheld US. 

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Fairfax Radiology adds 2 new locations, 15 physicians in M&A deal

Acquiring the Association of Alexandria Radiologists will pave the way for expansion and allow the practice to provide a single standard of care for Inova Health.

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Radiation therapy company RefleXion Medical raises $105M

The Rise Fund, private equity firm TPG’s multi-sector global impact offshoot, led the fundraising round. 

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Radiologists grab much smaller share than cardiologists of burgeoning interventional market

Endovascular procedure volumes surged 427% among cardiologists between 2010-2018, compared to a 125% uptick among radiologists. 

Mercy Medical Center Redding

Healthcare giant Dignity Health acquiring 70-year-old radiology practice

MD Imaging sees about 500 patients a day, but like others, has grappled with economic challenges including rising costs and decreasing reimbursement.

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No Surprises Act purportedly pushing providers in radiology and other specialties ‘to the brink’

The law triggered some of the year’s biggest bankruptcies, with investors eyeing similar debt-laden provider groups that could be vulnerable. 

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Radiologist launches ‘groundbreaking’ second-opinion service with 24-hour turnaround time

RadiologyCheck.com is slated to launch soon, allowing patients across the globe to easily upload files “within seconds.” 

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.