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Recent Headlines

MGMA takes exception with payor fees for ETF transactions

The Medical Group Management Association expresses its concern about the improper use of virtual credit cards and unreasonable fees charged by payors for electronic funds transfer in a letter addressed to CMS Administrator Marilyn Tavenner.

Let the ranking begin!

Most of the world marks the start of summer with the summer solstice, that glorious moment when the tilt of the planet’s semi-axis is most inclined to the sun. We initiate the season with the launch of the annual survey to rank The Radiology 100: The 100 Largest Private Radiology Practices. Jointly produced by Radiology Business Journal and CliftonLarsonAllen, the ranking enters its seventh year in 2014.

Health exchange rates to spike for market leaders, drop for laggards in 2015

Consumers who purchased health insurance through the state and federal exchanges created by the Affordable Care Act may find their current policies less affordable in 2015. At the same time, competition among insurers is expected to heat up, with many moving into new markets and those with low enrollments cutting rates, according to an article in the Wall Street Journal.

New Jersey imaging centers raided in Medicaid fraud investigation

Computers were seized and several arrests made when state authorities raided multiple locations in a Medicaid fraud investigation into the American Imaging Center chain based in Hackensack, N.J., according to an article on the Cliffview Pilot website.

CIO survey: data variety, obstacles are on the rise in health analytics

Healthcare CIOs are using increasingly diverse sources of data on which to perform analytics, according to results of a survey co-sponsored by the nonprofit eHealth Initiative and the College of Healthcare Information Management Executives (CHIME). Many, however, have not committed significant resources or time to the activity.

Medtronic-Covidien merger a match made in tax heaven

The high U.S. corporate tax rate was matchmaker in the deal announced Sunday in which medical-device maker Medtronic agreed to purchase Covidien PLC for $42.9 billion, according to an article in the Wall Street Journal.

Cost comparison map underscores price variation for MRI, CT

Sacramento leads the country in pricing for an MRI of the lower back (average $2,365), and just a short jaunt up the West Coast, Seattle offers the nation’s lowest average cost for a back scan at $907, according to a new analysis of in-network price differences for four common medical procedures.

ASCO paper overestimates Medicare cost of LDCT lung-cancer screening

The ACR issued a swift response to a paper presented this morning at the annual meeting of the American Society of Clinical Oncology (ASCO) that overestimates the potential costs of low-dose CT (LDCT) lung-cancer screening to the Medicare program by using an outdated definition of a positive screening study.

CMS cuts radiology a break

I wouldn’t necessarily call it a windfall, but radiologists and their practice and department administrators got a piece of very good news this week with the announcement that CMS has recognized the ACR’s National Radiology Data Registry as a so-called Qualified Clinical Data Registry.

Nonprofit partners with payors to promote price transparency

Earlier this month, the nonprofit Health Care Cost Institute (HCCI) in Washington, DC, announced that it had brokered a deal with three large national health insurers to contribute claims data to an online consumer tool that will offer information about the price and quality of 300 to 400 health care procedures—a list likely to include selected medical imaging procedures.

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