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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S&P upgrades RadNet’s credit rating, citing ‘disciplined financial policy and growth agenda’

The boost comes after the Los Angeles-based imaging center chain recently closed a $259M public stock offering, with a sizable chunk earmarked for expansion initiatives. 

Radiologist developing $250M medical campus that includes spot for his imaging group

John Tentinger, MD, said he has been working on the deal for about a decade, purchasing the 25-acre piece of land for $5.5M. 

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Radiologists read across an average of 5 subspecialties but aren’t always confident doing so

About 40% of rads said they accept studies across all areas of expertise. Yet, less than half are “very confident” reading them. 

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Troubled imaging AI company files for chapter 11 bankruptcy

The publicly traded, Deerfield, Illinois-based vendor plans to pursue an auction of its assets through court proceedings, leaders announced Tuesday.

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Surprise-billing legislation took away Envision Healthcare’s ‘secret sauce,’ health economist says

Eileen Appelbaum, PhD, spoke during the Take Back Medicine summit, focused on the theme of “reclaiming medicine from corporate interests.” 

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RadNet closes public stock offering after raising $259M or 48% more than original ask

The Los Angeles-based imaging center operator sold a total of 8,711,250 shares of its stock at $29.75 apiece. 

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Hospital system joint venture will launch 1 of state’s largest new imaging facilities

The 22,632 square-foot center will include four wide-bore MRIs and upgraded PET and CT scanners, leaders announced recently. 

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University of Chicago startup scores $1M to help commercialize interventional radiology product

Co-founded by radiologist Osmanuddin Ahmed, MD, Flow Medical is creating a first-of-its-kind product for treating pulmonary embolism. 

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.