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.

Kirsten P. Jones LucidHealth

Radiology provider LucidHealth hires former GoHealth Urgent Care exec to oversee imaging center strategy

Kirsten P. Jones will serve as regional VP of imaging centers, championing the company’s development and management of such locations. 

December 12, 2023
Video interview with Richard Heller, MD, RSNA Board member, associate chief medical officer for health policy and communications, and national director of pediatric radiology at Radiology Partners, explains the impact of the 2024 Medicare cuts on radiology and what comes next. #RSNA #RSNZA23 #RSNA2023 #CMS #Radiology

Putting US radiology reimbursement cuts in context and what comes next

Richard Heller, MD, a member of the RSNA Board and associate CMO for Rad Partners, explains the impact of the 2024 Medicare cuts and what is at stake.

December 11, 2023
Scott Whitaker

GE, Philips and Siemens among those jumping ship from imaging trade group to unite around newly formed alternative

UPDATED: AdvaMed, the Advanced Medical Technology Association, announced the launch of its Medical Imaging Division on Dec. 11. 

December 11, 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

Hospital on the hook for $120M jury verdict after residents miss signs of stroke on CT

“I’ve been a lawyer for 40 years now, and I’ve never heard of a malpractice verdict like this,” the plaintiff attorney said. 

December 11, 2023
artificial intelligence regulation legislation

House lawmakers advance bill to blunt radiologist pay cut in 2024

Several MD members of Congress are co-sponsoring the “Physician Fee Schedule Update and Improvements Act." 

December 8, 2023
africa looks to artificial intelligence for healthcare improvement

Large volume of radiologist reporting-backlogs an ‘urgent global issue’

Anecdotal reports indicate that radiologists are struggling to keep up with rising demand, but researchers sought to better quantify this crisis. 

December 8, 2023
New York Albany capitol building. New York state has granted nurse practitioners full practice authority, despite opposition from radiologists and other physician groups.

ACR, state radiological society urge governor to veto bill related to wrongful death damages

“Any action that would increase medical liability costs carries the potential negative consequence of physicians leaving our state to practice elsewhere," the two said. 

December 8, 2023
business money suit investor

Moody’s upgrades outlook for US Radiology Specialists amid improved operating performance

Credit analysts switched their forecast from “negative” to “stable,” highlighting both higher patient volumes and revenue per unit. 

December 7, 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.

Trimed Popup
Trimed Popup