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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Medicare finalizes 2024 physician fee schedule with radiologist pay cuts, pause of AUC program

Physician advocacy groups including the RBMA, ASTRO, MGMA and AMA criticized the final rule, with the latter calling it a "recipe for financial instability." 

healthcare value value-based care money dollar

Radiology department tallies $1.2M in unreimbursed costs from multidisciplinary conferences in 1 year

Experts believe the data underline the need for reform, granting radiologists RVUs for this work and hiring more physicians to help ease the burden. 

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Nearly one-third of the US population does not have access to an interventional radiologist in their county

Experts see great opportunity in these data to address disparities and expand the volume of patients treated by the specialty. 

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Jury sides with radiologist in alleged medical negligence and wrongful death case

Widow Marlene Jackson accused Ohio radiologist Peter G. Knabe, MD, of negligence in failing to spot signs of lung cancer on her husband's CT scans.

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Radiology vendor Covera Health raises up to $50M in financing, acquires AI firm

Coupled with its acquisition of CoRead—an AI quality assurance company used by over 2,000 hospitals—the startup plans to rapidly scale its offerings. 

artificial intelligence regulation legislation

Radiology societies press Congress to pass bill that would blunt Medicare cuts tied to clinical labor costs

The House Energy and Commerce Subcommittee on Health recently held a hearing to discuss the proposal, with rads hopeful it will be included in a year-end package.

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GE HealthCare bests quarterly profit estimates amid strong demand for imaging products

Q3 revenues from its imaging segment leapt 5% year-over-year, to $2.6 billion, driven by interest in its molecular imaging, CT and MR offerings. 

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Responding to criticism from radiologists, feds aim to fix dispute resolution under No Surprises Act

The rule seeks to improve communication between health insurers, physicians and the independent entities that arbitrate disagreements over out-of-network payments. 

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.