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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Radiology Partners leader suggests 4 ways to fix the ‘dysfunctional’ No Surprises Act

Richard E. Heller, MD, MBA, the company's associate CMO for health policy and communications, detailed his thoughts in a recently published editorial.

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Radiology provider Envision Healthcare scores $91M judgment against UnitedHealthcare

The nation's largest insurer reportedly breached its contract with the PE-backed multispecialty group by “unilaterally reducing reimbursement rates.” 

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Private equity buying up a growing share of cancer care clinics

Between 2003 and 2022, PE platform companies poured money into 724 oncology clinics, or about 10% of all locations.

The Nanox.ARC imaging system

Nanox shares up 63% after scoring FDA clearance for new imaging system

The Nanox.ARC utilizes novel, cold-cathode X-ray tubes and charges physicians using a “pay per scan” business model. 

Medicare money payment physician

Radiologist among the 6 highest-paying jobs in America

The specialty’s $329,080 average salary placed it behind four other medical specialties, along with “athletes and sports competitors," according to the Department of Labor.

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American College of Radiology issues heads-up on possible payment denials at certain facility types

ACR is urging providers who encounter such denials to contact their local Medicare Administrative Contractor and consults related CMS documents. 

Prenuvo's newest location in New York City.

Cindy Crawford-backed startup offering whole-body MRIs for $2,499 marks ‘significant milestone’

Prenuvo just opened its first imaging center in New York City and is aiming to double its number of locations by the end of 2023.

Cigna

Radiology societies ‘alarmed’ by administrative burden, costs posed by new Cigna policy

Starting in May, the health insurer will require the submission of medical office notes when docs seek payment in certain scenarios. 

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.