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.

Appeals court revives suit alleging radiology practice used nonmedical-grade monitors to submit $6M in false claims
The case dates to June 2019 when whistleblower and Arizona IT executive Eric Stenson first filed suit against Tucson-based Radiology Limited.
Hologic to acquire rival breast care company for $310M—plus 2 more radiology vendor M&A deals
In other news, West Physics Consulting is acquiring part of Tricord Inc., while radiology appointment scheduling firm CCD Health was recently sold.
Momentum builds as Vermont becomes 23rd state to pass legislation bolstering breast imaging reimbursement
Out-of-pocket charges can range from $234 for a diagnostic mammogram to over $1,000 for a breast MRI, according to a recently commissioned study.
State places cap on annual price increases despite opposition from radiologists
Connecticut, Delaware, Massachusetts, Nevada, New Jersey, Oregon, Rhode Island and Washington have already established such healthcare cost growth targets.
Disruptions to small practices’ operations remain ‘severe and ongoing’ months after Change cyberattack
Owner UnitedHealth had claimed services would be largely restored by late March, but doc groups such as the MGMA claim things are still a mess.

After lawsuit and lengthy delays, imaging firm finally moves forward with merger deal

The agreement dates to December 2022, when QT Imaging first started discussing a sale to investment firm GigCapital.

February 23, 2024

Strategic Radiology expands to its 23rd state, adding 48-physician new member practice

Based in the coastal city of Myrtle Beach, S.C., Carolina Radiology Associates is the state’s largest private imaging group.

February 22, 2024

money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

Radiology Partners raises $720M in ‘growth equity’—more than double its target

The nation’s largest radiology practice also has closed previously announced debt restructuring transactions that provide RP with greater financial flexibility.

February 22, 2024

HCA Southern Hills Hospital and Medical Center

Private equity-backed LucidHealth marks first foray into Southwest via HCA partnership

“Growing into this market allows us to move toward a national presence and we are excited for more opportunities like this in the future," said COO David Grau.

February 21, 2024

Fresh off bankruptcy, radiology provider Akumin inks hospital joint venture deal

The company is partnering with Northern Nevada Sierra Medical Center to help expand radiation oncology services across the Reno marketplace.

February 21, 2024

Startup that creates avatars via CT, MR images raises $5.4M from radiologists and investors

Paris-based Avatar Medical believes such physician financing demonstrates “strong support” for its medical solution.

February 21, 2024

Providers prevail in 77% of No Surprises Act payment disputes, new CMS data show

Emergency (58%) and radiology (17%) services made up most non-air ambulance payment determinations, the agency reported.

February 20, 2024

Yellowcross Kent Thomas Robb Vaules teleradiology

Imaging industry veterans with 55 years of experience launch teleradiology practice management organization

Yellowcross Healthcare is based in Scottsdale, Arizona, providing consulting services to medical groups and healthcare facilities in the U.S.

February 20, 2024

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Cardiovascular Business

Medicare drops AUC requirement for advanced imaging, ASNC celebrates

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

Cardiovascular Business

Cardiology, radiology groups urge insurance provider to rethink imaging policy

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

Cardiovascular Business

Radiology AI company gains FDA clearance for new CT offerings focused on PE, stroke

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

Economics

Appeals court revives suit alleging radiology practice used nonmedical-grade monitors to submit $6M in false claims

Hologic to acquire rival breast care company for $310M—plus 2 more radiology vendor M&A deals

Momentum builds as Vermont becomes 23rd state to pass legislation bolstering breast imaging reimbursement

State places cap on annual price increases despite opposition from radiologists

Disruptions to small practices’ operations remain ‘severe and ongoing’ months after Change cyberattack

Around the web