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.

Should radiology groups share individual physicians’ productivity metrics?

Two members of the specialty attempted to answer this query, sharing dueling opinion pieces in the American Journal of Roentgenology.

September 15, 2023

Mayo Clinic, GE HealthCare launch strategic collaboration seeking to innovate in imaging and theranostics

Both will work in tandem to produce new research and products, aspiring to “transform the experience of patients and clinicians in the practice of radiology.” 

September 15, 2023
NYC Health + Hospitals/Metropolitan

Community hospital scores $4M award to beef up interventional radiology services

NYC Health + Hospitals said the money will allow it to provide patients with access to a “state of the art” suite for IR procedures. 

September 15, 2023

ACR, others push for imaging-agent pay fix as House leaders plan hearing on topic

The House Energy and Commerce Committee announced Tuesday that it will hold a hearing to discuss the FIND Act. 

September 14, 2023
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

Residents across radiology and other specialties earning an average of $67,400 in 2023

“Some can’t even afford to live in the cities they work in. Such a system can feel deeply unjust," one resident told Medscape. 

September 14, 2023
business man storm rain crisis

Radiology Business Management Association warns CMS that specialty is reaching a ‘tipping point’

“After 16 straight years of cuts to radiology this is an unsustainable environment in medicine,” RBMA Executive Director Bob Still wrote to the agency.

September 13, 2023
How radiology should prepare for AUC clinical decision support reporting requirements. CMS to require AUC CDS January 1, 2023.

This year’s radiology match was the most competitive since 2001

More than 1 in 6 graduating U.S. MD students applying for a radiology position did not find such a match in 2023, experts detailed. 

September 13, 2023
Healthcare M&A, mergers and acquisitions business deal.

Private equity-backed imaging parts and service provider acquires competitor

DirectMed Parts & Service, which partnered with NMS Capital in 2021, is buying Siemens specialist Technical Prospects for an undisclosed amount. 

September 13, 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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