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.

Momentum builds as Vermont becomes 23rd state to pass legislation bolstering breast imaging reimbursement
Out-of-pocket charges can range from $234 for a diagnostic mammogram to over $1,000 for a breast MRI, according to a recently commissioned study.
State places cap on annual price increases despite opposition from radiologists
Connecticut, Delaware, Massachusetts, Nevada, New Jersey, Oregon, Rhode Island and Washington have already established such healthcare cost growth targets.
Disruptions to small practices’ operations remain ‘severe and ongoing’ months after Change cyberattack
Owner UnitedHealth had claimed services would be largely restored by late March, but doc groups such as the MGMA claim things are still a mess.
Nonphysicians saw a nearly 206% pay bump amid radiologist Medicare reimbursement decline
Congressional budget requirements mean that any pay bump to one fee-for-service provider type necessitates balancing cuts to others.
Radiologist and 'Doctor Money Matters' podcast host Tarang Patel on why he is hopeful about the specialty's future
The noted radiologist discussed what's ahead for the specialty during the closing keynote at RBMA's annual meeting in Las Vegas.

Radiology provider Envision Healthcare scores $91M judgment against UnitedHealthcare

The nation's largest insurer reportedly breached its contract with the PE-backed multispecialty group by “unilaterally reducing reimbursement rates.”

May 2, 2023

Private equity buying up a growing share of cancer care clinics

Between 2003 and 2022, PE platform companies poured money into 724 oncology clinics, or about 10% of all locations.

May 1, 2023

Nanox shares up 63% after scoring FDA clearance for new imaging system

The Nanox.ARC utilizes novel, cold-cathode X-ray tubes and charges physicians using a “pay per scan” business model.

May 1, 2023

Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule.

Radiologist among the 6 highest-paying jobs in America

The specialty’s $329,080 average salary placed it behind four other medical specialties, along with “athletes and sports competitors," according to the Department of Labor.

May 1, 2023

American College of Radiology issues heads-up on possible payment denials at certain facility types

ACR is urging providers who encounter such denials to contact their local Medicare Administrative Contractor and consults related CMS documents.

April 28, 2023

Prenuvo's newest location in New York City.

Cindy Crawford-backed startup offering whole-body MRIs for $2,499 marks ‘significant milestone’

Prenuvo just opened its first imaging center in New York City and is aiming to double its number of locations by the end of 2023.

April 28, 2023

Cigna, one of the nation’s largest health insurance providers, announced new priorities for its capital deployment, including steering an additional $450 million into Cigna Ventures.

Radiology societies ‘alarmed’ by administrative burden, costs posed by new Cigna policy

Starting in May, the health insurer will require the submission of medical office notes when docs seek payment in certain scenarios.

April 27, 2023

Walmart Health expanding into 3rd new state, offering imaging, Epic EHR integration

The Arkansas-based retail giant previously announced plans to more than double its healthcare footprint by the end of 2024.

April 26, 2023

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.

Economics

Momentum builds as Vermont becomes 23rd state to pass legislation bolstering breast imaging reimbursement

State places cap on annual price increases despite opposition from radiologists

Disruptions to small practices’ operations remain ‘severe and ongoing’ months after Change cyberattack

Nonphysicians saw a nearly 206% pay bump amid radiologist Medicare reimbursement decline

Radiologist and 'Doctor Money Matters' podcast host Tarang Patel on why he is hopeful about the specialty's future

Around the web