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.

Radiology Business Management Association (RBMA) President Christopher (Kit) Crancer, senior vice president of radiology and public policy partnerships, and executive director of the Rayus Quality Institute, explains the highlights from the 2024 RBMA meeting.

Highlights from RBMA's 2024 PaRADigm annual meeting in Las Vegas

Radiology Business Management Association (RBMA) President Christopher Crancer shared some early highlights from the group's 2024 PaRADigm annual meeting in Las Vegas. "We have a very engaged membership," he said. 

April 16, 2024
RBMA 2024 UTMB

Radiology and pathology unite to produce $1M in potential revenue enhancements to 1 provider

Physicians with the University of Texas Medical Branch made their case for such an approach at the Radiology Business Management Association’s annual meeting in Las Vegas on Monday. 

April 16, 2024
Jason Owen Envision Healthcare

New CEOs joining Envision Healthcare, Iowa Radiology while top execs exit at GE HealthCare, Flywheel

Jason Owen, MBA, comes to Envision from BlueSprig, a leading provider of applied behavior analysis therapy for children, where he held the same role. 
 

April 16, 2024
William T. Thorwarth Jr., MD

American College of Radiology lays off 11% of its workforce

UPDATED: As part of its drive to balance the budget, ACR also is reviewing “all programs and areas for potential savings," leaders told attendees at the organization's annual meeting. 

April 15, 2024
radiologist radiology pay compensation money dollar

Radiologists are the 6th highest paid specialists at $498,000

Orthopedists ($558,000), plastic surgeons ($536,000) and cardiologists ($525,000) accounted for the top three, according to new Medscape data. 

April 15, 2024
artificial intelligence regulation legislation

US Senators continue their push for radiologist Medicare pay reform

Lawmakers held a hearing on this topic April 11, titled “Bolstering Chronic Care through Medicare Physician Payment," featuring testimony multiple medical specialty societies. 

April 15, 2024
Kim Tzoumakas

Private equity-backed radiology provider Rayus partners with AI startup to launch nationwide whole-body MRI offering

Ezra charges $950 to $2,500 for exams of healthy individuals and analyzes them with its FDA-cleared software to diagnose cancer and other conditions.  

April 15, 2024
healthcare money economics dollar stethoscope acquire merger

Nearly 80% of physicians now work for hospitals or other corporate entities as private practice dwindles

For the first time, the percentage of practice ownership by PE firms and other corporate entities (30%) surpassed hospitals or health systems' share (28%). 

April 12, 2024

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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