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.

A location of Lumina imaging in Ohio

Hospital system seeks to scale imaging chain offering scans at up to 70% below traditional pricing

MetroHealth will expand its Lumina brand of patient-centric imaging sites via a franchise model, offering others a turn-key way to create retail-like radiology offerings. 

April 25, 2023
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Startup that converts MRIs into 3D assessments raises $3M from private equity, pro sports franchise

Springbok Analytics uses AI and the accuracy of magnetic resonance imaging to create “precise” muscle assessments. 

April 25, 2023
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No Surprises Act is working, new analysis contends, though it’s straining radiology providers’ margins

Urban Institute experts believe that OON payments and dispute resolutions will begin influencing negotiations tied to in-network imaging providers.

April 25, 2023
Healthcare M&A, mergers and acquisitions business deal.

Private equity firm acquiring teleradiology outfit for $336M

Founded in 2004, Medica employs 400-plus providers working across 100 hospitals and completing 1.5M radiology reports annually.  

April 25, 2023
Butterfly Network Ultrasound

Ultrasound-maker Butterfly Network hires former telemedicine exec as new CEO at $875,000 base salary

Joseph M. DeVivo also is eligible for an annual bonus at 125% of that amount, along with a monthly housing allowance of nearly $17,000

April 25, 2023

S&P downgrades radiology vendor Zotec Partners after losing its largest customer

The Carmel, Indiana-based revenue cycle management provider holds some $307M in loans that are due within a year but has struggled to refinance.

April 24, 2023
Image depicting gap between genders in pay

Female radiologists earn about 81% of what their male counterparts collect

Women also worked an average of 8% fewer days per year, which does not fully account for the gender pay gap, experts wrote recently.

April 24, 2023
Marriott

Radiology society sues Marriott, claiming hotel giant breached contract tied to its annual meeting

The American Roentgen Ray Society is seeking $665,523 in damages along with any related attorneys’ fees, according to the complaint.

April 21, 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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