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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Senators press congressional leaders to address radiologist Medicare pay cut

“After three consecutive years of Medicare payment reductions, healthcare providers are at a breaking point," 32 bipartisan members of the Senate wrote recently. 

February 27, 2024
Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 

S&P views Radiology Partners’ debt refinancing maneuvers as ‘tantamount to a default’

The country’s largest radiology practice first announced the series of actions, including raising $720 million in new “growth equity,” on Feb. 15. 

February 26, 2024
Sonus Medical systems ultrasound batch manufacturing

Proprietary mobile ultrasound system receives $2.1M in early funding

The remote system can be used anywhere and could provide access for patients in rural communities.

February 26, 2024
radiologist radiology pay compensation money dollar

Average in-network and OON payment amounts are converging in radiology

This trend was seen across radiology and emergency medicine, two specialties highly impacted by surprise billing, FAIR Health noted. 

February 23, 2024
breast cancer mammography mammogram

Radiology AI firm focused on visualizing dense breast tissue raises $1.7M

DeepLook Medical has developed what it claims is the first technology platform for assessing suspicious masses in such clinical scenarios. 

February 23, 2024

After lawsuit and lengthy delays, imaging firm finally moves forward with merger deal

The agreement dates to December 2022, when QT Imaging first started discussing a sale to investment firm GigCapital. 

February 23, 2024
mergers and acquisitions M&A puzzle

Strategic Radiology expands to its 23rd state, adding 48-physician new member practice

Based in the coastal city of Myrtle Beach, S.C., Carolina Radiology Associates is the state’s largest private imaging group. 

February 22, 2024
money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

Radiology Partners raises $720M in ‘growth equity’—more than double its target

The nation’s largest radiology practice also has closed previously announced debt restructuring transactions that provide RP with greater financial flexibility. 
 

February 22, 2024
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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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