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.

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.
Radiation therapy centers sold out of private equity-backed provider’s bankruptcy estate for nearly $3M
American Shared Hospital Services is acquiring a 60% stake and expects the facilities to generate upward of $10 million in annual revenue.
Princeton Radiology partners with AI startup to add full-body MRI service
The private practice is teaming with Ezra to offer the examination at its freestanding network of imaging centers in central and northern New Jersey.
Private equity firm, accused of trying to build a monopoly in radiology, dismissed as defendant in FTC lawsuit
The commission sued Welsh Carson in September, claiming the New York investment outfit and US Anesthesia Partners have perpetrated an “anticompetive scheme” to drive up prices.
Investor-backed Outpatient Imaging Affiliates inks deal to open academic center’s 1st freestanding site
UConn Health has seen “unprecedented growth” in patient volumes and hopes the facility will minimize wait times while cutting costs for patients.

FDA grants Guerbet clearance for OptiOne contrast delivery system

Guerbet announced today that its OptiOne Single-Head Contrast Delivery System has received 510(k) clearance from the FDA.

February 11, 2016

HIMSS reports on 2016’s ‘growth technologies’

Healthcare Information and Management Systems Society (HIMSS) Analytics has published a report on some of the technologies shaping hospitals’ purchase plans in 2016.

February 9, 2016

Mammosphere founder discusses acquisition

Mammosphere, a women’s imaging network, made headlines last month when it was acquired by Waltham, Mass.-based lifeIMAGE. The acquisition allows providers using the lifeIMAGE medical image exchange platform to easily access the Mammosphere network. 

February 8, 2016

IRadimed Corporation announces revenue, net income increases in 4Q 2015

IRadimed Corporation, a Winter Springs, Fla.-based developer and manufacturer of MRI-related products, announced its fourth quarter 2015 financial results this week. 

February 5, 2016

Mallinckrodt reports earnings, sales growth in Q1

In its first earnings report of the year, Mallinckrodt saw adjusted earnings of $2.09 per share in the first quarter of 2016, an increase of nearly 17 percent year-over-year. Net sales for the quarter were reported at $915 million, up 20 percent from the previous year.

February 3, 2016

Rose Radiology Centers releases statement after $8.7 million settlement with government

The U.S. Attorney’s Office for the Middle District of Florida recently announced that Tampa, Fla.-based Rose Radiology Centers had agreed to pay $8.71 million to the government to resolve several different allegations. Now, Rose Radiology has issued a prepared statement on the settlement, offering the practice’s perspective on the situation.

February 3, 2016

NOVACAP invests in Intelerad Medical Systems

Intelerad Medical Systems, a Montreal-based developer of PACS and other software, has received “a significant investment” from NOVACAP, one of the largest private equity firms in Canada.

February 2, 2016

Rose Radiology Centers agrees to pay more than $8 million after numerous allegations

Rose Radiology Centers has agreed to pay $8.71 million to the government for violating the False Claims Act, the U.S. Attorney’s Office for the Middle District of Florida announced. 

February 1, 2016

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

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

Radiation therapy centers sold out of private equity-backed provider’s bankruptcy estate for nearly $3M

Princeton Radiology partners with AI startup to add full-body MRI service

Private equity firm, accused of trying to build a monopoly in radiology, dismissed as defendant in FTC lawsuit

Investor-backed Outpatient Imaging Affiliates inks deal to open academic center’s 1st freestanding site

Around the web