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.

After extracting $85M from imaging provider and its CEO, DOJ targets former chief financial officer

Florida resident Rick Nassenstein allegedly “played a central role” in a scheme that involved paying physicians “exorbitant” fees to refer patients for PET scans. 

February 7, 2024

Private equity-backed Premier Radiology inks long-term partnership with nation’s largest occupational health provider

The Miami-based teleradiology group will provide support to Concentra’s network of 540 medical centers through 2030. 

February 6, 2024
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Radiology provider Akumin’s creditor takes complete control of the company

“Alternative investment firm” Stonepeak spent an additional $130 million on Akumin before taking over the organization this month.

February 5, 2024
Medical malpractice gavel diagnostic error mistake stethoscope

Patient sues SimonMed Imaging claiming tech injected her with Valium instead of contrast media prior to MRI

Plaintiff attorneys also allege the sedative was administered in an excessive dose, forcing the woman to go back on anti-seizure meds and delay her fertility treatment. 

February 5, 2024
William T. Thorwarth ACR American College of Radiology

Is Medicare’s appropriate-use criteria program doomed? ACR chief discusses what went wrong and how it can get back on track

Radiology Business recently sat down with William T. Thorwarth Jr., MD, to discuss the future of value-based care in the specialty and how Congress can help remedy the program of what ails it. 

February 2, 2024
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Radiology AI marketplace CARPL raises $6M in seed funding

Software investor Stellaris Venture Partners led the funding round, with additional contributions from UnitedHealth Group, Bain & Co. and LeapFrog Investments.   

February 2, 2024
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Biogen discontinues Alzheimer’s drug Aduhelm, once expected to spur surge in imaging use

Screening for the drug necessitated a PET scan, and individuals also required a baseline MRI within one year before treatment, with more to follow. 

February 2, 2024
Money court lawsuit judge ruling scales of justice

Hospital pays $801,000 to settle allegations radiology practices billed for ‘shoddy’ imaging services

Physicians allegedly submitted false claims to Medicare and Medicaid for scans they either never reviewed or failed to assess in a timely fashion. 

February 1, 2024

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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