Healthcare Economics & Policy | Radiology Business

Philips seals $164M tech deal with 2 German hospitals

Royal Philips has funneled roughly $164 million (€140 million) into two separate business deals with the Kliniken der Stadt Köln (Clinics of Cologne) and Städtische Klinikum München (Munich Municipal Hospital) in Germany, the company announced this month.

The numbers don’t lie: 4 reasons to be optimistic about radiology’s future

July 16, 2018 | Healthcare Economics & Policy

Radiologists have a lot to be excited about in 2018 and beyond. Jim Y. Chen, MD, of the department of radiology at Brigham and Women’s Hospital in Boston, explored some recent statistics in a new commentary published by the Journal of the American College of Radiology, detailing what they mean for the specialty this year and in years ahead.

Radiology groups consolidate en masse in light of increasing demands, underfunding

July 13, 2018 | Healthcare Economics & Policy

With seven of the country’s 20 most prominent radiology practices having completed business deals within the last 18 months, the field is witnessing more efforts to consolidate and conserve resources than perhaps ever before.

Tariffs on Chinese products could increase annual medical equipment costs by $400M

July 13, 2018 | Healthcare Economics & Policy

The escalating trade war between the U.S. government and China could lead to an additional $400 million in medical equipment costs each year, according to a new analysis from the American Action Forum (AAF).

No more surprise billing? Startup lets patients name their own prices for imaging services

July 12, 2018 | Healthcare Economics & Policy

A new healthcare startup, New York City-based Medmo, has launched a platform that allows patients to name their own price for various imaging services, including MRIs and CT scans.

RSNA R&E Foundation awarding $4M in funding in 2018

July 11, 2018 | Healthcare Economics & Policy

The RSNA Research and Education (R&E) Foundation announced Wednesday, July 11, that it is awarding $4 million in grants in 2018.

Video game company raises $12.7M for breast cancer research in 2 weeks

July 11, 2018 | Healthcare Economics & Policy

Blizzard Entertainment, an Irvine, California-based video game company, announced this week that it has raised $12.7 million for the Breast Cancer Research Foundation during its Pink Mercy charity campaign.

Radiology Partners announces partnership with West Houston Radiology

July 10, 2018 | Healthcare Economics & Policy

Radiology Partners has announced a new partnership with West Houston Radiology in Houston.

Vermont hospital to spend more than $3M on improved MRI services

July 09, 2018 | Healthcare Economics & Policy

State officials have agreed to a $3.19 million upgrade to the MRI services offered at Northeastern Vermont Regional Hospital in St. Johnsbury, Vermont.

MITA: Trump administration’s new tariffs will harm U.S. economy; medical imaging equipment should be exempt

July 09, 2018 | Healthcare Economics & Policy

The Medical Imaging and Technology Alliance (MITA) has asked the U.S. government to establish a “timely and robust” process that could exempt medical imaging equipment from tariffs on Chinese products that went into effect July 6.

It’s official: U.S. puts first tariffs into effect on Chinese products, including medical imaging equipment

July 06, 2018 | Healthcare Economics & Policy

On Friday, July 6, tariffs on $34 billion worth of products imported from China—including x-ray, CT and MRI equipment—officially went into effect. Tariffs on another $16 billion worth of products are expected to kick in in a matter of weeks.

Australian hospital opens $21M MRI suite to support complex neurosurgery

July 06, 2018 | Healthcare Economics & Policy

Australia’s Sir Charles Gairdner Hospital has opened the doors on a $21-million MRI renovation after more than a year of construction, government officials announced this week.

Melissa M. Chen named new chair of ACR CPFCC Economics Committee

July 05, 2018 | Leadership

The American College of Radiology’s Commission on Patient- and Family-Centered Care (CPFCC) announced Thursday, July 5, that Melissa M. Chen, MD, has been named the new chair of the CPFCC Economics Committee.

How risk-based breast cancer screening could cut costs, reduce overdiagnosis

July 05, 2018 | Healthcare Economics & Policy

Breast cancer screening programs could reduce both costs and overdiagnosis by focusing on at-risk women, according to a new study published by JAMA Oncology.

Patient refuses to pay for pricey CT scan he expected insurance to cover

July 03, 2018 | Healthcare Economics & Policy

Jimmie Taggart went to North Mississippi Medical Center in West Point, Mississippi, complaining about severe back pain. When his doctor recommended an abdominal CT scan to confirm he had kidney stones, however, he wouldn’t agree to the procedure. He was afraid of how much it would cost.

Pharmaceutical companies paid radiologists more than $43.6M in 2015

Jun 28, 2018 | Healthcare Economics & Policy

Pharmaceutical companies paid radiologists more than $43.6 million in 2015, according to a new study published by Academic Radiology, but do such payments negatively impact public perception?

Healthcare Economics & Policy

MITA shares ‘serious concerns’ over impact of tariffs on medical imaging industry

Jun 27, 2018 | Healthcare Economics & Policy

The Medical Imaging & Technology Alliance (MITA) released a statement this week about the recently finalized tariffs on $50 billion worth of products imported from China and the June 20 Senate Finance Committee hearing held with U.S. Department of Commerce Secretary Wilbur Ross about the impact of those tariffs.

Healthcare Economics & Policy

GE moves to spin off healthcare division

Jun 26, 2018 | Healthcare Economics & Policy

After a year of soul searching and strategic review, GE announced its move today to spin off GE Healthcare into a standalone company over the next 12 to 18 months. The goal, the company said, is a leaner corporate structure with substantial reductions in debt.

Healthcare Economics & Policy

Rhode Island Supreme Court upholds sentencing in radiologist’s 1999 murder

Jun 22, 2018 | Healthcare Economics & Policy

The Rhode Island Supreme Court has upheld the 60-year prison sentence of the man who murdered radiologist Alfred C. Moon, from Lincoln, Rhode Island, back in 1999.

Healthcare Economics & Policy

Radiologists made more than $16M in federal political contributions from 2003 to 2016

Jun 21, 2018 | Healthcare Economics & Policy

Self-identified radiologists made $16.25 million in federal political contributions from 2003 to 2016, according to a new study published in the Journal of the American College of Radiology.

Healthcare Economics & Policy, Policy

5 ways to close the ‘unacceptable gap’ in cancer care between developed, developing nations

Jun 19, 2018 | Healthcare Economics & Policy

Filling the noticeable gap in quality cancer care between high- and low-income countries is a daunting task, but one that’s worth the effort, a group of experts recently reported in Radiotherapy and Oncology.

Healthcare Economics & Policy, Quality

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