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.

ACR urging radiologists not to ignore any recent communications from the AMA

That’s because the nation’s largest trade group for medical doctors is conducting a practice survey that could have big implications for physician payment.

October 25, 2023
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S&P downgrades radiology provider Akumin’s credit rating following bankruptcy filing

The ratings agency dropped Akumin from "CCC" to "D," the lowest mark on S&P’s scale, typically used after a company files such a petition. 

October 25, 2023
Money bankruptcy debt liquidation

Radiology provider Akumin files for bankruptcy, seeking to cancel $470M in debt

The nearly half-billion-dollar loan balance will convert to shares of common stock, held by lender Stonepeak, with Akumin transitioning to a privately held company. 

October 24, 2023

AMN Healthcare to acquire radiology staffing firm in deal valued at $300M

Adding MSDR will allow AMN to provide a larger candidate pool, including professionals specializing in some of the “most needed, in-demand services.” 

October 24, 2023
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Radiology provider Akumin postpones most clinical and diagnostic operations amid ransomware attack

The pause will last until Akumin can restore its systems in a “safe and secure manner,” leaving the company unable to see patients at its fixed-site locations. 

October 20, 2023
Medicare money payment

Poll of Medicare beneficiaries shows ‘overwhelming’ opposition to cutting radiologist pay

More than three-quarters of those reached said they disagree with reducing reimbursement to rads under the 2024 fee schedule, RBMA and MITA reported Thursday. 

October 19, 2023

Private equity firm says acquisition of imaging services provider creates 2nd largest such company in the US

Atlantic Street Capital is purchasing Brown’s Medical Imaging and plans to combine the company with previously acquired Prestige Medical Imaging.  

October 19, 2023
Money court lawsuit judge ruling scales of justice

UnitedHealthcare owes Radiology Partners affiliate $153.5M in underpayment dispute, arbitration panel rules

The preliminary award includes $134M in underpayment damages, $9M in prejudgment interest, and $2.2M in attorney fees, arbitrators confirmed. 

October 18, 2023

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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