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.

quality

Radiology groups urge CMS to retool the flawed Merit-based Incentive Payment System

Leaders with ACR, the RBMA and Radiology Partners all have recently written about concerning aspects of the quality-focused Medicare payment program. 

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Should radiology groups share individual physicians’ productivity metrics?

Two members of the specialty attempted to answer this query, sharing dueling opinion pieces in the American Journal of Roentgenology.

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Mayo Clinic, GE HealthCare launch strategic collaboration seeking to innovate in imaging and theranostics

Both will work in tandem to produce new research and products, aspiring to “transform the experience of patients and clinicians in the practice of radiology.” 

NYC Health + Hospitals/Metropolitan

Community hospital scores $4M award to beef up interventional radiology services

NYC Health + Hospitals said the money will allow it to provide patients with access to a “state of the art” suite for IR procedures. 

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ACR, others push for imaging-agent pay fix as House leaders plan hearing on topic

The House Energy and Commerce Committee announced Tuesday that it will hold a hearing to discuss the FIND Act. 

Medicare money payment physician

Residents across radiology and other specialties earning an average of $67,400 in 2023

“Some can’t even afford to live in the cities they work in. Such a system can feel deeply unjust," one resident told Medscape. 

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Radiology Business Management Association warns CMS that specialty is reaching a ‘tipping point’

“After 16 straight years of cuts to radiology this is an unsustainable environment in medicine,” RBMA Executive Director Bob Still wrote to the agency.

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This year’s radiology match was the most competitive since 2001

More than 1 in 6 graduating U.S. MD students applying for a radiology position did not find such a match in 2023, experts detailed. 

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.