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.

Senators release new details on how Congress could reform radiologist Medicare payment system
Reforms could include creating more sustainable payment updates to ensure radiologists can continue owning and operating practices and rethinking how Medicare measures quality.
Amid ‘ever-escalating’ costs in cancer care, experts say its ‘imperative’ radiology screens for financial toxicity
Despite this dire need, there is wide variability in such processes, including the timing, setting, tools utilized and interpretation of the results, according to new research.
Private equity dealmaking in healthcare stalls amid persistent bid-ask gap, negative regulatory environment
PE sponsors announced or closed about 158 transactions in the first quarter (including five in imaging), a “downward trend even from 2023’s sluggish pace,” Pitchbook reports.
Biopsy before ablation has no cost advantage over both-at-once approach
Established guidelines recommend biopsying small tumors of the kidney ahead of any procedure to ablate them. A new study confirms the validity of pursuing another pathway.
Radvocates applaud bipartisan bill that would end decade-long decline in Medicare reimbursement
The Radiation Oncology Case Rate Value-Based Program Act of 2024 would build on the shelved RO Model and save the federal payment program $200M.

American College of Radiology opposes focus of US House bill aimed at increasing imaging price transparency

Rep. Mike Carey introduced the Imaging Services Price Transparency Act July 25, hoping to better inform patients about services provided by the specialty.

July 27, 2023

Demand for imaging to swell after approval of new Alzheimer’s drug, GE HealthCare predicts

"We believe that this is a pretty profound growth opportunity across the space," CEO Peter Arduini told investors during a Q2 earnings call.

July 26, 2023

Cigna, one of the nation’s largest health insurance providers, announced new priorities for its capital deployment, including steering an additional $450 million into Cigna Ventures.

Cigna violated the law by denying claims for imaging and other services in bulk, lawsuit alleges

Plaintiff attorneys are asking for damages in excess of $5 million, not including interest and other costs, and seeking class-action status.

July 25, 2023

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?

Nanox raises $30M; ViewRay begins pulling stock from Nasdaq, plus more radiology vendor news

Also, MITA urges states to fix breast screening coverage gap, Philips announces Q2 earnings results, and Aidoc inks partnerships with two large health systems.

July 25, 2023

artificial intelligence AI deep learning ChatGPT OpenAI Microsoft Google

5 roles radiologists can fill in the burgeoning $576M imaging AI industry

“When choosing a role, radiologists should consider their unique strengths, availability, and personal and financial risk tolerance," experts advised.

July 21, 2023

American College of Radiology endorses 2 recent policy proposals to expand imaging pay

ACR highlighted a CMS proposal to grant greater access to PET for Alzheimer's detection, along with a Medicaid-related bill introduced in the U.S. House.

July 21, 2023

FDA clears augmented reality platform that creates 3D models via CT scans

The Ohio-based startup also recently scored $15M in funding from the Mayo and Cleveland clinics and GE Healthcare.

July 21, 2023

Radiology Partners affiliate ends 57-year hospital relationship amid reported physician turnover

Desert Radiology, which joined Rad Partners in 2019, had handled a “significant” number of scans at University Medical Center of Southern Nevada annually.

July 20, 2023

Around the web

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

Senators release new details on how Congress could reform radiologist Medicare payment system

Amid ‘ever-escalating’ costs in cancer care, experts say its ‘imperative’ radiology screens for financial toxicity

Private equity dealmaking in healthcare stalls amid persistent bid-ask gap, negative regulatory environment

Biopsy before ablation has no cost advantage over both-at-once approach

Radvocates applaud bipartisan bill that would end decade-long decline in Medicare reimbursement

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