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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Medical malpractice lawsuits in interventional radiology most commonly stem from 2 procedure types

IR providers pay an average of $877,500 when settling such cases prior to a trial, while average jury awards total more than $2 million. 

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Siemens Healthineers company Varian acquiring radiology services provider Aspekt Solutions

The move will allow Varian to expand its advanced oncology solutions offerings and address rising demand for customized services, leaders said. 

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CMS grants transitional pass-through payment status for prostate cancer PET imaging agent

The federal agency typically grants this designation to allow Medicare beneficiaries broader access to new and innovative drugs. 

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Startup that helps radiology providers share imaging data with researchers raises $17M

Briya said its platform cuts through common challenges in the process, allowing organizations to generate “lucrative revenue streams." 

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Medical specialists order low value, unnecessary imaging at higher rates than their peers

The findings are derived from an analysis of fee-for-service Medicare data recorded across nearly 600 U.S. health systems. 

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FTC sues private equity firm, claims it’s trying to build a monopoly in radiology

Welsh Carson created US Anesthesia Partners to consolidate the market in Texas and then attempted to do the same in imaging and EM, authorities allege. 

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Controversial reporting requirement—opposed by Rad Partners, Rayus, ACR and RBMA—set to take effect

“These requirements add a significant amount of additional time, resource, and administrative costs," the 4 groups said. 

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Federal government to propose setting IDR fee under No Surprises Act at $150

After a Texas judge recently vacated the 600% fee increase, the feds are now proposing to up the amount by 200% from the original proposal. 

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.