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.

Piggy Bank

Congress averts shutdown but fails to pass Medicare pay fix for radiologists, other physicians

Physician advocacy groups criticized the decision while holding out hope that lawmakers could remedy the 3.4% cut to the conversion factor in the future. 

January 19, 2024
Congress dome capitol Washington

Bipartisan senators introduce ‘major’ healthcare bill seeking price transparency from imaging centers

Beginning Jan. 1, 2025, the Health Care PRICE Transparency Act 2.0 would require the public disclosure of all negotiated rates and cash prices. 

January 18, 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.

Private equity firm HealthEdge invests in leading provider of teleradiology services

Radsource was founded in 2001 and employs 25 fellowship-trained radiologists, handling subspecialized orthopedic and neurological MRI interpretations. 

January 18, 2024
Salt Lake City Utah

Private equity-backed Solis Mammography inks ‘groundbreaking’ partnership with HCA Healthcare

MountainStar is teaming with the Addison, Texas-based women's imaging group to fine-tune its radiology strategy across Utah.  

January 18, 2024
Richard Heller, MD, RSNA Board member, associate chief medical officer for health policy and communications, and national director of pediatric radiology at Radiology Partners, explains some insurance companies are trying to take advantage of the No Surprises Billing Act by telling radiology practices they need to accept lower rates to remain part of the providers in-network.

Radiologists urged to report insurance companies forcing lower reimbursements due to No Surprises Act

Some payers are taking advantage of the NSA by forcing practices to accept lower rates to remain in-network, says Rad Partners' Richard Heller, MD. 

January 18, 2024
AMA fixing prior authorization_AMA22.jpeg

CMS to streamline prior authorization process that has plagued radiology

Physician groups praised the final rule on, stating it will shine a light on payers' "egregious abuse" of the system. 

January 17, 2024
money maze payment reimbursement

Radiologists rarely break even in No Surprises Act payment disputes, new study finds

High fees for the process are limiting physicians’ ability to dispute payments and undermining their bargaining power in contract negotiations, experts contend. 

January 17, 2024
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Billionaire Mike Bloomberg puts up $250M to open healthcare high schools for training radiologic technologists

The first institutions are slated to open this year via health system partnerships in Boston, Charlotte, Dallas and Houston. 

January 17, 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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