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.

CMS proposed medicare physician fee schedule for 2023 radiology.

Patient advocacy groups urge Congress to create pathway for CMS to cover AI in radiology

As of Monday, the FDA has OK'd nearly 900 AI-enabled medical devices, but CMS has only assigned payment for about 10 of them. 

May 14, 2024
Siemens Healthineers

Siemens Healthineers investing $314M to build new MRI manufacturing facility

This is the first major production site for the company's DryCool technology, which drastically reduces the amount of helium required for magnetic resonance imaging. 

May 13, 2024
mergers acquisitions puzzle M&A

RadNet acquires 9 imaging centers through 2 tuck-in transactions totaling $14M

The deals were with Antelope Valley Imaging and Grossman Imaging Centers, both located near RadNet's home base in California. 

May 13, 2024

Same-day discharge after interventional radiology procedure saves money without impacting outcomes

Amid the COVID-19 pandemic, with bed space at a premium, UAB Medicine started sending patients home after percutaneous cryoablation of renal tumors. 

May 10, 2024
prostate cancer PSA

Collaborative bolsters prostate MRI quality, with 1 site realizing $559,000 in reimbursement gains

Some of the most commonly deployed interventions included protocol adjustments, standardized patient prep instructions and personnel training. 

May 10, 2024
Financial data showing growing revenue

RadNet sees quarterly revenue climb to ‘record’ $432M with double-digit growth across multiple modalities

Comparing only imaging centers that operated both quarters, MRI volumes increased 10% compared to Q1 of 2023 while PET/CT was up more than 15%. 

May 9, 2024
Outpatient Radiology Casper Medical Imaging

Casper Medical Imaging & Outpatient Radiology expands into new state

Based in its namesake Wyoming community, the rural private practice is growing eastward, opening a new outpatient center in Scottsbluff, Nebraska. 

May 9, 2024
CTC colonography colon cancer colonoscopy

Radiologists meet with CMS to press for coverage of crucial CT screening exam

Staffers with the Centers for Medicare & Medicaid Services were "attentive to the discussion and requested supporting documentation," ACR reported. 

May 9, 2024

Around the web

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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