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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Private equity-backed Capitol Imaging acquires 2 radiology groups spanning 10 locations

The Metairie, Louisiana-based radiology group has doubled in size since Clearview Capital funded the company in October 2020. 

SimonMed

Radiology practice SimonMed launches nationwide whole-body MRI service, charging fraction of competitors’ prices

SimonOne utilizes AI, advanced clinical protocols and the “best available” equipment to detect diseases before symptoms arise, the PE-backed group announced. 

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‘Past the breaking point’: AMA calls for urgent action to fix ‘dilapidated’ payment system

The American Medical Association said it is developing a targeted, grassroots campaign to begin fighting for Medicare reform. 

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Hospital system and 2 imaging center chains band together in joint venture deal

Inspira Health is bringing together its long-time imaging partner and an outside competitor to help bolster access and expand services. 

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RadNet raises $225M through public stock offering

The Los Angeles-based imaging center operator intends to use the proceeds to pay off $100M in term loans, along with "other corporate purposes." 

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Radiology Partners’ debt holders weighing options with attorneys following credit downgrade

The imaging giant's loan hit a recent low of 72 cents on the dollar, according to Bloomberg-compiled data, down from 80 cents in April. 

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Radiologist-founded augmented reality startup raises $20M from Kevin Durant, Mayo Clinic, Disney CEO

Medivis' SurgicalAR platform allows interventional radiologists and surgeons to holographically render patients' MRI and CT images during procedures. 

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RadNet expects to log upward of $18M in revenue from its AI division this year

CFO Mark Stolper recently spoke about the imaging group's artificial intelligence strategy at the Jefferies Healthcare Conference in New York.

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.