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Healthcare Economics & Policy

 

Hoping to gain fresh insight into imaging utilization trends, researchers used the Neiman Imaging Types of Service (NITOS) coding system to study Medicare B Physician Fee Schedule billing data from 1994 to 2013, publishing their results in the American Journal of Roentgenology.

CMS published the 2018 Medicare Physician Fee Schedule (MPFS) Final Rule in November, leaving healthcare providers with a lot to think about before the holiday season. Tom Greeson, a healthcare lawyer and partner with the firm of Reed Smith, spoke with Radiology Business about what radiologists and radiology practices need to know about the final rule as they make plans for 2018 and beyond.

How to Help Your Practice Make Objective, Informed Decisions on a Tight Budget  

The U.S. Food and Drug Administration (FDA) issued an Oct. 27 reminder that thermography is not an acceptable substitute for mammography.

If the past predicts the future, then radiology isn’t going to fare especially well in the MACRA era. Under Medicare’s last pay-for-reporting program, the Physician Quality and Reporting System (PQRS), most radiologists only minimally showed their work, researchers have found. Those who deal the same way with MACRA—the Medicare Access and CHIP Reauthorization Act—are setting themselves up for punitive payment adjustments.

 

Recent Headlines

Intelerad announces executive shakeup

Montreal, Canada-based Intelerad has announced the appointment of Christian Bazinet as COO and Michel Desgagné as Chief Customer Officer.

PACS market on pace for growth through 2021

An aging, chronically ill population and the increasingly quick adoption of technology are contributors to the medical imaging management market's growth in the next five years, which will reach $5.78 billion by 2021, according to a Markets and Markets report.

Fighting for Fairness—for Physicians and Patients

Out-of-pocket healthcare costs continue to rise, while insurance coverage narrows.

Site-neutral Payment: Prelude to a Painful Inevitability

Next year, the first hospital-owned imaging centers are expected to transition out of HOPPS reimbursement

Global MRI market to be worth $8 billion in 2021

A new report from BCC Research shows that the MRI system market will see significant growth this year and through 2021.

ICD-10: Springboard to Value-based Reimbursement

The greatest challenge of coding and billing operations in implementing ICD-10 over the past year has nothing to do with coders or billing personnel.

IBM, Siemens partnership to focus on population health management

IBM Watson Health and Siemens Healthineers announced a five-year “global alliance,” partnering to develop solutions for population health management. The two companies are leveraging a rapidly growing industry segment expected to both improve patient outcomes and be worth more than $30 billion by 2020.

 
Researchers work to streamline molybdenum production

A large majority of molybdenum production, roughly 95 percent, is limited to seven large reactors across the globe. Worldwide supply is soon to be further constricted with a Canadian reactor scheduled to close in October. The fragility of this supply chain underscores a need for more efficient production methods, something University of Missouri researchers hope to refine.

NMHS, MedQuest Associates team up to manage Tupelo-based facility

North Mississippi Health Services announced this week that it has purchased a majority interest in Tupelo, Mississippi-based The Imaging Center, partnering with MedQuest Associates as a managing joint venture partner in the business. 

Breast oncologists can turn off the magnets during follow-ups

University of Western Australia study has shown that ultrasound is a cost- and time-effective follow-up for women under 50 who’ve had an MRI screening for breast cancer.

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