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.

SimonMed

Private equity-backed radiology provider SimonMed opens 6 new imaging centers

New additions balloon the Scottsdale, Arizona-based radiology practice's total number of locations to 170, spanning 11 states. 

January 31, 2024
NYU Langone Ambulatory Care Garden City

NYU Langone opens $170M outpatient radiology hub in former Sears store

The 260,000-square-foot ambulatory care center features 30 other clinical specialties including cardiology, pediatrics and pulmonology, and will treat 400,000 patients annually. 

January 31, 2024
Melissa Chen, MD, Clinical Neuroradiologist, Associate Professor, University of Texas MD Anderson Cancer Center, said challenges ton radiology include the limitations of the relative value units (RVUs) used to pay radiologists, the need for balancing workloads despite disincentives to reading some studies, and the need to find new workflow efficiencies with AI to offset the radiologist shortage. #RSNA

Radiology at tipping point with limitations of RVUs and the growing shortage of radiologists

Melissa Chen, MD, MD Anderson Cancer Center, outlines some of the challenges practices are facing and possible solutions.

January 31, 2024
Network peer to peer P2P learning web communication interoperability

Insurers claim No Surprises Act is not narrowing networks; radiologists disagree

AHIP and the Blue Cross Blue Shield Association recently polled 21 U.S. health insurance providers about their experiences with the landmark legislation.

January 31, 2024
lung cancer screening

Patient-radiologist consultations, held in reading room after lung cancer screening, show promise

Conversations last 10 minutes or less, with specialists providing a preliminary interpretation of imaging findings in conjunction with smoking cessation counseling. 

January 31, 2024
Over the Shoulder Shot CT Brain Scan Images

Lower shift volumes lead to significantly fewer errors for neuroradiologists

When case volumes climb to 67-90 studies, error rates were 226% higher than those tackling 19 or fewer cases during their shift, experts reported. 

January 29, 2024
MRI

State’s largest insurer lifts prior authorization requirement for MRI, steers patients to single provider

Blue Cross and Blue Shield of Vermont recently announced the new partnership with Open MRI, noting that it provides exams four times cheaper than other facilities. 

January 29, 2024
dollar money finance debt decrease

S&P plans to reclassify Radiology Partners’ debt as ‘distressed’

The agency downgraded certain notes to “CC,” indicating the obligations are “highly vulnerable” to nonpayment, with default “expected to be a virtual certainty.”

January 29, 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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