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Healthcare Economics & Policy

 

Patients are often required to pay high out-of-pocket costs for advanced imaging services, especially when out of their network, according to a new study published in the Journal of the American College of Radiology. The authors suggested that radiologists should communicate these costs to patients to help prevent “surprise billing.”

Infused chemotherapy is associated with lower costs for commercial insurance providers when administered at a physician’s office compared to a hospital outpatient department (HOPD), according to a new study published in JAMA Oncology.

Siemens announced this week it is planning to list its healthcare division, Siemens Healthineers, on the Frankfurt Stock Exchange in Germany sometime in the first half of 2018. The initial public offering (IPO) is expected to take place as early as March.

Many of radiology’s hottest topics are closely connected to health IT personnel and technologies, making HIMSS18 in Las Vegas an especially enticing meeting for any imaging professional. Christopher J. Roth, MD, associate professor of radiology at the Duke University School of Medicine and a member of the HIMSS-SIIM Enterprise Imaging Workgroup, spoke with RBJ to preview HIMSS18 and talk about the industry as a whole. 

Anthem is forging ahead with its decision to push outpatient imaging out of hospitals. Is the insurance giant a pariah or a harbinger? 

 

Recent Headlines

Radiologist’s appeal denied in $5.9M wrongful death suit

On Jan. 30, the Pennsylvania Supreme Court upheld a $5.9 million ruling against Pennsylvania’s Abington Memorial Hospital and the Radiology Group of Abington (RGA) in the wrongful death of a patient who had a feeding tube mistakenly inserted into his lung.

Imaging provider ordered to pay $16.2M for Medicare fraud

Imaging provider Orthopaedic and Neuro Imaging (ONI) has been ordered to pay $16.2 million for submitting false claims for Medicare reimbursement. ONI’s owner, Richard Pfarr, is liable for more than $6 million.

Investment firm agrees to buy Australian radiology provider

Shareholders of I-MED Radiology Network, one of Australia’s largest imaging providers, have approved a deal that would see a company backed by the investment firm Permira acquire its business.

Radiologists ages 55 and over sued more than younger colleagues

The older a radiologist, the more likely they will face a lawsuit, according to recent data published from the American Medical Association’s (AMA) 2016 Physician Practice Benchmark survey.

Medical device tax suspended for two more years

It was back—and now it’s gone again. For two years, at least. The medical device tax, which went back into effect on Jan. 1, 2018, after being suspended for two years, is now suspended for an additional two years as a part of the deal signed by President Donald Trump on Jan. 22 to end the brief shutdown of the U.S. government.

GAO: Oversight of imported radiological material needs to be improved

On Jan. 12, the U.S. Government Accounting Office (GAO) published a 28-page report on its website that called for U.S. Customs and Border Protection (CBP) to improve its ability to verify the licenses of imported radiological material.

IRS providing temporary relief for taxpayers making late medical device tax payments

The medical device tax is still alive and well, but the Internal Revenue Service (IRS) provided device manufacturers with some good news this week.

Wisconsin Senate to hear breast density notification bill

The Wisconsin Assembly has approved a bill that would require providers to notify women if they have dense breast tissue.

Philips to move North American headquarters within Massachusetts

Royal Philips announced it will be relocating its North American headquarters in Massachusetts from Andover to Cambridge in 2020. The new location, including a 243,000-square-foot facility, will house 2,000 employees, while 300 ultrasound system manufacturing positions will stay in Andover, according to the Boston Globe.

NFL pledges more than $17M to concussion funding

The National Football League (NFL) has announced it is reallocating more than $17 million to fund concussion- and brain-related research. The funds will go to the Department of Defense, the Transforming Research and Clinical Knowledge in Traumatic Brain Injury (TRACK-TBI) study and the National Institute on Aging.

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