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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Twenty-three percent of cardiologists have a net worth of more than $5 million, No. 5 among all specialties, according to a new report. A majority of cardiologists also said they have had no significant financial losses in the last year. What are cardiologists paid? How much do cardiologists make?

Average radiologist pay has leapt nearly 38% since 2015

Members of the specialty have seen their compensation climb from $351K to $483K, according to the latest data from Medscape. 

May 25, 2023

Investors pour $5B into imaging AI, with average deal size tripling since 2020

There are now more than 200 independent medical imaging AI software vendors, with 73% of the funds concentrated among the top 25. 

May 23, 2023
Vanderbilt University Medical Center

Vanderbilt-Philips partnership; FDA clears brain MRI software; Visage scores $20M deal, plus more vendor news

Also, lung cancer-focused Leadoptik scores $5M in seed financing, Hyperfine earns $3M grant to extend research, and Intelerad supports new AAWR-RadEqual partnership. 

May 23, 2023
artificial intelligence federal regulation

Federal law change would require all insurers to cover any supplemental breast imaging

The Find it Early Act has support from both political parties, alongside the American College of Radiology and journalist/cancer survivor Katie Couric.

May 22, 2023
physician money payments dollars

Radiologists received $370M in gifts, speaker fees and other perks in 5 years, but most went to top 5%

More than 91% of the total pot of money (or $338 million) was paid to this smaller group of radiologists, experts detailed Thursday in Academic Radiology. 

May 18, 2023
Financial_ticker

Envision Healthcare’s operating performance will continue to deteriorate, Moody’s predicts

The multispecialty group recorded $6.9B in revenues over a one-year period, but it's grappling with negative free cash flow and "very weak" liquidity, experts noted.

May 18, 2023

States introduce nearly 90 bills to address ‘time-wasting’ prior authorization policies

More than a dozen proposals are being considered this legislative session, as the AMA lobbies alongside radiology groups to address this issue. 

May 18, 2023

For-profit hospital giant HCA Healthcare touts joint venture with Envision Radiology

Clear Connect Medical Imaging will offer state-of-the-art technology, private dressing rooms and other modern amenities

May 18, 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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