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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Video interview with Radiology Business Management Association (RBMA) President Kit Crancer, and executive director of the Rayus Quality Institute, where he said the lack of federal policy on insurance coverage for diagnostic breast exams as opposed to screening exams

State legislation addresses gaps in breast imaging coverage, ensures affordable diagnostic exams

RBMA President Kit Crancer said a lack of federal policy has driven 20 states to adopt laws requiring that insurance cover the costs. 

January 11, 2024
vaccine syringe covid-19 coronavirus

Fraudster radiology business owner says conviction should be tossed over jury’s COVID-19 vaccination status

Portable Radiology Services' former President Thomas G. O’Lear contended that the pool should have contained anti-vax jurors like him. 

January 11, 2024

Radiology groups see mixed bag in feds’ proposal to fix the No Surprises Act

"We strongly urge the departments to establish and enforce penalties for noncompliance," ACR CEO William Thorwarth, MD, wrote to the administration.

January 11, 2024
Daniel Howell

Private equity-backed radiology provider LucidHealth selects leader to oversee its Midwest strategy

Daniel Howell will steer the strategic direction of the Columbus-based company's 50 sites across Ohio and Wisconsin. 

January 11, 2024
Medicare money payment

Radvocacy physician groups team to fight ‘urgent threat’ facing cancer care

The American College of Radiology and American Society for Radiation Oncology are pressing Congress for payment reform to fix a flawed system. 

January 10, 2024
breast radiologist breast cancer mammography

Lawmakers in 4 states introduce bills requiring insurers to cover supplemental breast imaging

Those include Florida, New Hampshire, Vermont and Virginia, with thousands of patients standing to benefit, according to Susan G. Komen.   

January 10, 2024
Radiologists need to stop using ther term "Clinically Correlate" and be more specific in reports. This term has become a joke among clinicians who see it as clinically meaningless.

Could enticing retired radiologists back into practice help solve the workforce crisis?

Employing a "silver squad" of former physicians to decompress work lists should be a "strong consideration" for any practice, one expert argued. 

January 9, 2024
artificial intelligence AI money brain dollar

GE HealthCare to acquire Cleveland-based provider of AI imaging-analysis software

MIM Software offers 40-plus solutions, used by over 3,000 institutions worldwide, and has more than 350 employees, also working in China and Belgium. 

January 9, 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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