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Healthcare Economics

 

It’s well established that screening mammography successfully reduces breast cancer incidence and mortality, but in high-risk patients with certain BRCA mutations or dense breasts, other imaging techniques are often used instead. Breast MRI is one modality specialists often turn to in these cases, though it fails to identify calcifications and can be quite expensive to use, and this is where contrast-enhanced digital mammography (CEDM) comes in.

A review of mammography screening rates in Medicare Advantage plans found for-profit providers lagging behind their non-profit colleagues, signaling the importance of publicizing performance data so consumers and regulators can make informed decisions.

In the latest ASRT Radiologic Sciences Staffing and Workplace Survey 2017, data show that the number of positions that are open and actively being recruited for radiologic technologists increased in 2017.

A Long-Island radiology practice agreed to pay more than $10 million late last year to settle two counts of healthcare fraud related to performing and billing pelvic ultrasounds. This settlement raised regulatory eyebrows, according to a presentation at RBMA’s PaRADigm 2017 meeting, and imaging practices should take steps to ensure they aren’t making the same mistakes.

All signs indicate that the radiology job market is turning around. The number of available positions in 2016 well exceeded the number of finishing trainees, and this trend is expected to continue as more senior radiologists retire or cut back. A 2013 Health Affairs study projected that as the U.S. population ages, demand for radiology services will grow approximately 18 percent between 2013 and 2025 (Health Aff (Millwood). 2013 Nov;32(11):2013-20). 

 

Recent Headlines

Contrast-enhanced digital mammography: a cost-effective substitute for breast MRI?

It’s well established that screening mammography successfully reduces breast cancer incidence and mortality, but in high-risk patients with certain BRCA mutations or dense breasts, other imaging techniques are often used instead. Breast MRI is one modality specialists often turn to in these cases, though it fails to identify calcifications and can be quite expensive to use, and this is where contrast-enhanced digital mammography (CEDM) comes in.

Stryker expands imaging portfolio with acquisition of fluorescence firm

Stryker Corporation has announced an agreement to acquire NOVADAQ Technologies, a firm specializing in fluorescence imaging technology used in surgery. The $701 million definitive agreement between Stryker and the Greater Toronto-based Novadaq is expected to close at the end of the third quarter.

3 radiology takeaways from 2017 physician recruitment report

An annual review of the search assignments conducted by physician recruitment firm Merritt Hawkins revealed an upturn in radiology hiring, among other trends.

Mammography rates vary among Medicare Advantage plans, indicating need for transparency

A review of mammography screening rates in Medicare Advantage plans found for-profit providers lagging behind their non-profit colleagues, signaling the importance of publicizing performance data so consumers and regulators can make informed decisions.

TeraRecon merges with McCoy Medical, spins out into new company

TeraRecon announced the acquisition of machine learning firm McCoy Medical Technologies at the Society for Imaging Informatics in Medicine’s Annual Meeting (SIIM17) in Pittsburgh.

Siemens Healthineers finalizes acquisition of Medicalis

Siemens Healthineers finalized the acquisition of San Francisco-based healthcare tech firm Medicalis, signaling Siemens’ commitment to integrating population health management into radiology.

Radiology Partners raises $200 million for scaling support, quality improvement programs

The nation’s largest physician-led radiology practice completed its latest round of growth equity funding, raising $200 million earmarked for evidence-based clinical programs and expansion.

Siemens exploring options in Healthineers carve-out

Despite previous indications of an initial public offering, Siemens is exploring all options in plans to list its healthcare division, Siemens Healthineers.

Help wanted: Open positions have increased for rad techs in 2017

In the latest ASRT Radiologic Sciences Staffing and Workplace Survey 2017, data show that the number of positions that are open and actively being recruited for radiologic technologists increased in 2017.

Regulatory agencies on the lookout for overpayments—and how practices can avoid fate of Zwanger-Pesiri

A Long-Island radiology practice agreed to pay more than $10 million late last year to settle two counts of healthcare fraud related to performing and billing pelvic ultrasounds. This settlement raised regulatory eyebrows, according to a presentation at RBMA’s PaRADigm 2017 meeting, and imaging practices should take steps to ensure they aren’t making the same mistakes.

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