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.

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Novartis may sell assets from its diagnostic imaging unit: Report

The Swiss company is already is in the initial stages of seeking buyers for some of its radiology-related products, Bloomberg reported Tuesday. 

October 5, 2023
Video interviuew with Ginger Biesbrock, DSc, PA-C, FACC, executive vice president of MedAxiom, on the "Financial Impact of Cardiac CT to the Cardiovascular Service Line" report at SCCT 2023. #SCCT #YesCCT #Medaxiom

Cardiac CT's financial impact on the cardiovascular service line

Implementing cardiac CT can make a big impact across the service line without reducing the use of other modalities. Ginger Biesbrock, MedAxiom's executive vice president, explained these findings in a new video interview.

October 4, 2023
Image depicting gap between genders in pay

Workload, pay reassessments may be necessary to address career satisfaction gaps between academic and private practice radiology

Physicians in teaching settings reported higher monthly reading volumes alongside heavier demands for nonclinical work, according to new survey data.

October 4, 2023

Rad Partners affiliate Radiology Alliance reaches multi-year pact, restoring in-network access with BCBS

“We are pleased to have them rejoin our networks, and we appreciate their partnership in serving our members,” said BlueCross EVP Scott Pierce.

October 3, 2023
Kumar Aditya, director, information technology, Atlantic Health System, explains how the system automated more than 60% of its radiology prior authorization workflow.

How Atlantic Health automated its radiology prior authorization workflow

Director of IT Kumar Aditya explains how the New Jersey hospital system automated more than 60% of its radiology prior authorization workflow.

October 3, 2023
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American College of Radiology, RBMA express growing alarm over pause in surprise-bill processing

Medical societies representing rads, emergency docs and anesthesiologists are pressing for a "full and immediate" relaunch of independent dispute resolution. 

October 3, 2023
Anthem

Imaging centers, hospital system reach agreement with Anthem BCBS in $93M dispute

Bon Secours Mercy Health filed suit Aug. 28, alleging Virginia's largest commercial insurer had denied or downgraded an enormous volume of claims.

October 3, 2023
The Nanox.ARC imaging system

SEC reaches $1M settlement with imaging vendor Nanox over misstated cost of flagship device

The company claimed to investors that it could build the machine for as little as $8,000, ignoring higher alternative estimates provided by internal execs.

October 2, 2023
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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.

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