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.

Twenty-three percent of cardiologists have a net worth of more than $5 million, No. 5 among all specialties, according to a new report. A majority of cardiologists also said they have had no significant financial losses in the last year. What are cardiologists paid? How much do cardiologists make?

Imaging vendor Nanox says it will pay $650,000 in civil penalties to settle SEC investigation

The Israel-based company said it also has entered an agreement to settle a class action lawsuit for another $8 million. 

August 18, 2023
Shovel

Vanderbilt Health breaks ground on 6,000-square-foot new imaging facility

The facility is located on a 0.55-acre site in Nashville and plans to offer services including MRI, CT, ultrasound, fluoroscopy, X-ray and mammography. 

August 18, 2023
USA map

‘Alarming’ study results show uneven distribution of radiologists in 1 state

There is 1 radiologist for every 5,861 residents in the wealthiest counties versus 1 for every 7,861 in the poorest, researchers wrote in Cureus.

August 17, 2023
brain money alzheimer dementia

Fearing delays, American College of Radiology urges CMS not to leave PET payment decisions up to MACs

ACR is concerned such a scenario would result in delayed and highly variable coverage determinations across the U.S. 

August 16, 2023
lung cancer screening

Unnecessary follow-up tests may be dissuading individuals from returning for future cancer screenings

Nearly 18% of patients receive follow-up imaging or invasive procedures despite negative findings on lung cancer screening CT. 

August 16, 2023
Scan workflow WVU radiology

Private equity-backed US Radiology Specialists launches daytime teleradiology practice to recruit physicians seeking flexibility

Connexia aims to address growing demand for outpatient imaging, along with shifting desires from some radiologists, USRS said.

August 15, 2023
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CMS officially drops fee for independent dispute resolution back to $50

The agency has not yet announced the reopening of the Federal IDR portal to submit new disputes, with the feds hoping to do so "soon." 

August 15, 2023
Royal Philips CEO Roy Jakobs

The ‘Kennedys of Italy’ buy $2.8B stake in imaging giant Royal Philips

Exor NV, the investment arm of the prominent Agnelli family, has the option to increase its stake to a maximum of 20%, leaders said Monday. 

August 15, 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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