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.

Radiology Partners launches AI platform with Amazon Web Services

RPX AI allows users to “seamlessly deploy” a suite of artificial intelligence tools across any reading platform. 

November 28, 2023

AMA ‘disappointed’ after Congress leaves physician pay fix out of bill to avert shutdown

The American College of Radiology and 120 other healthcare organizations recently sent a letter to leaders of the House and Senate, asking them to fix the “flawed” Medicare payment system.

November 22, 2023
Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

Hospital fails to dodge $10M malpractice verdict after attempting to pin payment on radiologist

A nurse punctured the 68-year-old patient's lung with a feeding tube in 2018, and radiologist Louis Jacobs, MD, subsequently failed to spot the injury on X-ray. 

November 21, 2023
Money

South Korea-based Imaging AI vendor Lunit raises $150M in new capital

Traded on the Kosdaq stock exchange, the company held a public offering earlier this month, which garnered an “enthusiastic response” from investors. 

November 21, 2023
breast cancer mammography screening mammogram scheduling

Startup aiming to streamline medical imaging appointments raises $9M

Medmo has now expanded nationwide, supporting clients including imaging centers, primary care groups, large hospital systems and virtual health providers. 

November 20, 2023
NYU Langone Health

Philips inks 8-year partnership worth up to $115M with NYU Langone Health

As part of the deal, the top-ranked academic medical center will adopt Philips’ AI-powered imaging technologies, including handheld US. 

November 16, 2023
merger acquisition handshake deal business agreement partnership

Fairfax Radiology adds 2 new locations, 15 physicians in M&A deal

Acquiring the Association of Alexandria Radiologists will pave the way for expansion and allow the practice to provide a single standard of care for Inova Health.

November 16, 2023

Radiation therapy company RefleXion Medical raises $105M

The Rise Fund, private equity firm TPG’s multi-sector global impact offshoot, led the fundraising round. 

November 16, 2023

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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