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.

82% of CTA head and neck scans in 1 emergency department had no actionable findings

Nonphysician practitioners and ED residents also ordered a significantly greater proportion of such exams, experts detailed in JACR

September 18, 2023
Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

Investment firm sues ultrasound developer QT Imaging hoping to force completion of merger deal

GigCapital5 and the Novato, California-based ultrasound-maker first announced their intent to partner in December 2022, creating a company with combined value of $151M. 

September 18, 2023
quality

Radiology groups urge CMS to retool the flawed Merit-based Incentive Payment System

Leaders with ACR, the RBMA and Radiology Partners all have recently written about concerning aspects of the quality-focused Medicare payment program. 

September 15, 2023

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

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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