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.

Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 

Inflation-adjusted Medicare pay in radiology has decreased by $2.8B since 2005

This occurred during a period when radiologists took on an increasing workload, with relative value units leaping 13.1% during the 16-year study period. 

August 31, 2023

Accelerated MRI sequence reduces scan times by one-third while maintaining image quality

This change in clinical practice could increase scanner throughput, leading to decreased costs, patient discomfort and motion artifacts, experts noted. 

August 31, 2023
Cloud imaging

Cloud-based collaboration platform Collective Minds Radiology raises $7.6M

The Sweden-based firm plans to accelerate the expansion of its commercial product, which also facilitates education, research and clinical consultation. 

August 30, 2023
Medicare money payment

American College of Radiology voices concerns around CMS’ approach to bolstering payment for emerging technologies

The federal agency aims to grant seniors more timely and predictable access to innovative new treatment and diagnosis methods. 

August 30, 2023
Money dollar investments

Physician group launches e-consult service for reinterpreting outside imaging exams, generating added revenue

In-house physicians were able to “seamlessly” fit this task into their regular workload, experts detailed in Current Problems in Diagnostic Radiology

August 29, 2023

Another No Surprises Act win: Qualifying payment amount process was tilted in insurers’ favor, judge rules

“The ruling is a step toward an IDR process that is accessible, fair and efficient,” Jacqueline Bello, chair of the ACR Board of Chancellors, said Monday. 

August 29, 2023
Anthem

Imaging centers, Bon Secours Mercy Health sue insurer Anthem BCBS seeking $93M

The payer has allegedly engaged in “slow pay and no pay tactics," resulting in an "enormous" volume of claims being denied or downgraded.

August 29, 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. 

Optimizing imaging sites of service could boost margins, amass thousands more in collections

An organization could add an additional $87,532 on one MRI machine or over $260,000 via CT each year through strategic site selection, experts estimated.

August 28, 2023

Around the web

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

Using CT to perform coronary artery calcium scoring on symptomatic chest pain patients can deliver significant value, according to a new data published in Radiology

Peninsula Imaging told Mary Raver in 2014 that a cancerous growth was benign. She now has 18 months to live.

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