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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Siemens headquarters

Siemens teams with hospital giant CommonSpirit to acquire imaging vendor in ‘first of its kind’ deal

“Healthcare providers and industry need to work together to solve our common challenges," the president of Siemens Medical Solutions USA said.

Average radiologist pay has leapt nearly 38% since 2015

Members of the specialty have seen their compensation climb from $351K to $483K, according to the latest data from Medscape. 

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Investors pour $5B into imaging AI, with average deal size tripling since 2020

There are now more than 200 independent medical imaging AI software vendors, with 73% of the funds concentrated among the top 25. 

Vanderbilt University Medical Center

Vanderbilt-Philips partnership; FDA clears brain MRI software; Visage scores $20M deal, plus more vendor news

Also, lung cancer-focused Leadoptik scores $5M in seed financing, Hyperfine earns $3M grant to extend research, and Intelerad supports new AAWR-RadEqual partnership. 

artificial intelligence federal regulation

Federal law change would require all insurers to cover any supplemental breast imaging

The Find it Early Act has support from both political parties, alongside the American College of Radiology and journalist/cancer survivor Katie Couric.

physician money payments dollars

Radiologists received $370M in gifts, speaker fees and other perks in 5 years, but most went to top 5%

More than 91% of the total pot of money (or $338 million) was paid to this smaller group of radiologists, experts detailed Thursday in Academic Radiology. 

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Envision Healthcare’s operating performance will continue to deteriorate, Moody’s predicts

The multispecialty group recorded $6.9B in revenues over a one-year period, but it's grappling with negative free cash flow and "very weak" liquidity, experts noted.

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States introduce nearly 90 bills to address ‘time-wasting’ prior authorization policies

More than a dozen proposals are being considered this legislative session, as the AMA lobbies alongside radiology groups to address this issue. 

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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.