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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Radiologist developing $250M medical campus that includes spot for his imaging group

John Tentinger, MD, said he has been working on the deal for about a decade, purchasing the 25-acre piece of land for $5.5M. 

June 22, 2023
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Radiologists read across an average of 5 subspecialties but aren’t always confident doing so

About 40% of rads said they accept studies across all areas of expertise. Yet, less than half are “very confident” reading them. 

June 22, 2023
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

Troubled imaging AI company files for chapter 11 bankruptcy

The publicly traded, Deerfield, Illinois-based vendor plans to pursue an auction of its assets through court proceedings, leaders announced Tuesday.

June 21, 2023
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Surprise-billing legislation took away Envision Healthcare’s ‘secret sauce,’ health economist says

Eileen Appelbaum, PhD, spoke during the Take Back Medicine summit, focused on the theme of “reclaiming medicine from corporate interests.” 

June 20, 2023
GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4. Stock Market

RadNet closes public stock offering after raising $259M or 48% more than original ask

The Los Angeles-based imaging center operator sold a total of 8,711,250 shares of its stock at $29.75 apiece. 

June 19, 2023

Hospital system joint venture will launch 1 of state’s largest new imaging facilities

The 22,632 square-foot center will include four wide-bore MRIs and upgraded PET and CT scanners, leaders announced recently. 

June 19, 2023

University of Chicago startup scores $1M to help commercialize interventional radiology product

Co-founded by radiologist Osmanuddin Ahmed, MD, Flow Medical is creating a first-of-its-kind product for treating pulmonary embolism. 

June 19, 2023

Private equity-backed Capitol Imaging acquires 2 radiology groups spanning 10 locations

The Metairie, Louisiana-based radiology group has doubled in size since Clearview Capital funded the company in October 2020. 

June 15, 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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