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.

M&A mergers and acquisitions business deal

Private equity firm acquiring 'leading' teleradiology group that spans 48 states

Grovecourt Capital Partners said it hopes to fuel further expansion for Miami-based Premier Radiology Services, which was founded in 2006. 

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US Radiology Specialists hires executive from its private equity backer to fill out C-suite

Paul Taheri, MD, MBA, will serve as chief clinical officer following his time as clinical partner at Welsh, Carson, Anderson & Stowe. 

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Radiology societies issue ‘call to action’ against looming threat to physician offices’ financial viability

ACR, SIR, ASTRO and others are concerned about about forthcoming cuts in the Medicare Physician Fee Schedule that will impact specialties with high equipment costs.  

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Interventional radiology among 4 specialties with the greatest growth in claims volume since 2018

The specialty saw an 83% uptick in billing between 2018 and 2022, publicly traded data and analytics firm Definitive Healthcare reported. 

American College of Radiology, nuclear medicine society urge CMS to fix years-old billing code mistakes

SNMMI and ACR are pushing the agency to make modifications retroactive, so specialists can still claim lost revenues impacted by the error. 

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S&P downgrades Radiology Partners amid worries its capital structure could become unsustainable

The country's largest imaging group has $3.37B in obligations, including “significant debt maturities looming in July 2025.”  

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Radiologist reaches settlement with hospital system he claimed fired him for requesting remote work

Richard Heiden, MD, has a compromised immune system and had asked NYC Health and Hospitals to reassign him to teleradiology duties after the COVID-19 pandemic hit. 

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New data highlight ‘massive gap’ between what Medicare, Medicaid pay for diagnostic imaging

The chasm between the two public payment programs has continued to grow since 2012, the Neiman Health Policy Institute reported recently. 

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.