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.

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
Resigned | Fired

42 imaging journal editors hand in resignation over 'extreme' fees

In the same statement announcing their resignation, the editorial board also detailed plans to start a new nonprofit, open access journal.

April 21, 2023

Radiology provider Envision Healthcare considers handing control to creditors in bankruptcy

The multispecialty group—which employs about 500 radiologists—is exploring chapter 11 as it grapples with a heavy debt load. 

April 20, 2023
COVID-19 congress coronavirus Washington

Radiology among 120 medical societies announcing support for ‘broken’ Medicare pay system fix

“Organized medicine is united in support of a long-term payment solution," numerous national and state societies wrote to members of Congress. 

April 20, 2023

How a hospital system automated more than 60% of its prior authorization workflows in radiology

IT experts have used a mix of robotic process automation, AI and machine learning to fuel the new PA process. 

April 20, 2023
Starting salaries for specialist physicians have mostly increased over the last year. Demand for those specialists is also on the rise. What are doctors paid? What is the average salary of a doctor, physician?

Radiology Partners added 500 physicians to its roster in 2022, now spans all 50 states

Meanwhile, credit analysts are issuing caution around the California-based practice’s aggressive, debt-fueled growth strategy. 

April 20, 2023
breast radiologist breast cancer mammography

Providers chart uptick in number of breast MRI denials issued by insurers

Among vulnerable women with BRCA1/2 mutations, about 14% never received this vital exam after the rejection, MSK researchers reported.

April 19, 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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