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.

quality imaging appropriateness clinical decision support CAS AUC

ACR shares concerns about specialty’s ‘struggle’ to participate in alternative payment models

Barriers to radiologists’ success in MIPS include their ineligibility to earn maximum incentive adjustments, despite perfect performance. 

August 4, 2023
Point of Care Ultrasound POCUS Lungs

Ultrasound maker Butterfly Network trimming $2M in expenses per month amid financial challenges

The Burlington, Massachusetts-based company recorded a net loss of $28.7 million in the second quarter, leaders said Thursday. 

August 4, 2023

Higher pay in specialties such as diagnostic radiology correlates with lower levels of diversity

Full professors in imaging earned median compensation of about $500,320 between 2015-2022, researchers wrote in JAMA.

August 4, 2023
Money Eye

Startup scores $30.5M from HHS to develop imaging system for mass-casualty incidents

Rivanna's contract with the federal government also includes an option for another $56.4 million for the ultrasound-based technology. 

August 2, 2023
files paperwork work load

RBMA, ACR, RadNet and Rayus Radiology urge CMS to fix ‘burdensome’ reporting requirement

The groups are concerned that the rule could result in billing errors, inadvertent payment denials and slow claims processing. 

August 2, 2023
gold card

Lawmakers propose ‘gold card’ program that exempts physicians from prior authorization requirements

Experts said that radiologists, along with others who order imaging, stand to benefit from the bipartisan proposal. 

July 31, 2023

Medicare spent upward of $3.8B on low-value imaging and cancer screenings in 1 year: MedPAC

“Imaging for nonspecific low back pain” was listed as the most frequently occurring low-value service, impacting upward of 9.3% of beneficiaries. 

July 31, 2023
Piggy Bank

ACR estimates diagnostic radiology will face 4% Medicare cut, absent congressional action

The college issued a detailed breakdown of the 2024 MPFS, offering insight into the “complex” formula for how much the specialty stands to lose. 

July 28, 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.

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