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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Mark Michalski Ascertain

Radiologist appointed CEO of ‘healthcare AI company creation platform’ Ascertain

The company has raised $100 million in seed funding and earlier this year started Optain, which aims to identify diseases via retinal imaging. 

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Same hospital, same insurer, but imaging prices twice as high for commercial vs. Medicare Advantage plans

When stated in dollar terms, the median price for imaging services was $490 across commercial plans compared to $191 in MA, experts wrote in Health Affairs. 

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Appeals court revives whistleblower suits alleging unqualified broker made radiology referral decisions

Allstate Insurance Co. first filed the complaints in 2020 against Discovery Radiology Physicians, OneSource Medical Diagnostics and four physicians, alleging insurance fraud. 

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Medicare pay for most interventional radiology procedures has declined in recent years

Researchers believe this information underlines the “critical need” for advocacy at a national level among IR professionals. 

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S&P downgrades radiology provider Akumin as it faces ‘significant headwinds’

Setbacks have included labor and supply chain challenges, delays in recognizing synergies from its merger with Alliance Healthcare Services and soft patient volumes. 

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Affiliate of private equity-backed US Radiology Specialists reaches in-network agreement with UnitedHealthcare

Tucson, Arizona-based Radiology Ltd. was set to see its contract with the nation's largest commercial health insurer expire on Aug. 15. 

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Surging demand prompts school to resurrect long-dormant radiologic technologist program

Midland College discontinued its rad tech offerings more than a decade ago amid declining enrollment and increasing costs.  

Imaging vendor Nanox says it will pay $650,000 in civil penalties to settle SEC investigation

The Israel-based company said it also has entered an agreement to settle a class action lawsuit for another $8 million. 

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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.