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.

Jury sides with radiologist in alleged medical negligence and wrongful death case

Widow Marlene Jackson accused Ohio radiologist Peter G. Knabe, MD, of negligence in failing to spot signs of lung cancer on her husband's CT scans.

November 2, 2023

Radiology vendor Covera Health raises up to $50M in financing, acquires AI firm

Coupled with its acquisition of CoRead—an AI quality assurance company used by over 2,000 hospitals—the startup plans to rapidly scale its offerings. 

November 2, 2023
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Radiology societies press Congress to pass bill that would blunt Medicare cuts tied to clinical labor costs

The House Energy and Commerce Subcommittee on Health recently held a hearing to discuss the proposal, with rads hopeful it will be included in a year-end package.

November 1, 2023
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GE HealthCare bests quarterly profit estimates amid strong demand for imaging products

Q3 revenues from its imaging segment leapt 5% year-over-year, to $2.6 billion, driven by interest in its molecular imaging, CT and MR offerings. 

November 1, 2023

Responding to criticism from radiologists, feds aim to fix dispute resolution under No Surprises Act

The rule seeks to improve communication between health insurers, physicians and the independent entities that arbitrate disagreements over out-of-network payments. 

October 31, 2023
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Intravascular ultrasound imaging startup exits ‘stealth mode’ with $35M in funding

Evident Vascular Inc. is developing a new transcatheter intravascular imaging technique to acquire images from inside blood vessels and guide interventional treatments.

October 26, 2023

ACR urging radiologists not to ignore any recent communications from the AMA

That’s because the nation’s largest trade group for medical doctors is conducting a practice survey that could have big implications for physician payment.

October 25, 2023
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S&P downgrades radiology provider Akumin’s credit rating following bankruptcy filing

The ratings agency dropped Akumin from "CCC" to "D," the lowest mark on S&P’s scale, typically used after a company files such a petition. 

October 25, 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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