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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Paltry use of CT for lung cancer screening persists across all payer types

The findings should serve as a call to action for radiologists to increase awareness about LDCT, experts contended. 

March 29, 2023
health insurance documents

Radiology practices launch insurance plan to counter soaring costs, plus more company notes

Also, LucidHealth expands in Florida, New Jersey practice launches joint venture with hospital group, and US Radiology Specialists improves MRI efficiency. 

March 29, 2023

American College of Radiology says accreditation fees will rise 9% across most modalities

Pricing updates will take effect on July 1 and mark the first rate increase in more than a decade, ACR said. 

March 27, 2023
Congress dome capitol Washington

Radiology business advocates implore Congress to remedy worsening physician shortages

ACR and RBMA want lawmakers to reintroduce the Resident Physician Shortage Reduction Act to begin addressing a growing deficit of docs.

March 24, 2023
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?

Radiology rises into 10 highest paid specialties with average compensation of $503,564

The number represents a roughly 1.6% uptick from the radiologist salary figure recorded in the previous Doximity survey. 

March 24, 2023

Cindy Crawford-backed, whole-body MRI startup continues expansion, despite radiologist concern

California-based Prenuvo recently raised $70 million and is opening several locations across the U.S. this year and next. 

March 23, 2023
interventional ultrasound

IR proves strong on practicality, profitability—but some cost-inclusive metrics remain to be shown

Recent evidence confirms that interventional radiology produces solid clinical outcomes while beating surgery on the cost-effectiveness of numerous procedures.

March 23, 2023
overnight night shift attending radiologist burnout. A new policy statement from the American College of Cardiology highlights the importance of career flexibility—including the ability to change hours or work responsibilities when necessary—for cardiologists of all ages. 

Hospital to pay False Claims Act penalty for allegedly letting unsupervised residents interpret X-rays

University of Iowa Health Care also has agreed to mandate that physicians receive training on Medicare's requirements for reimbursement in a teaching setting. 

March 23, 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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