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.

Congress dome capitol Washington

US Senators release draft plan to partially protect radiologists from Medicare cuts

ACR said it appreciates the proposal, which is part of the Better Mental Health Care, Lower-Cost Drugs, and Extenders Act. 

November 7, 2023
Bankruptcy

Radiology provider Envision Healthcare successfully emerges from bankruptcy process

The Nashville, Tennessee-based multispecialty group first filed for Chapter 11 in May, seeking to retool its troubled capital structure. 

November 6, 2023
radiologist radiology pay compensation money dollar

Medicare finalizes 2024 physician fee schedule with radiologist pay cuts, pause of AUC program

Physician advocacy groups including the RBMA, ASTRO, MGMA and AMA criticized the final rule, with the latter calling it a "recipe for financial instability." 

November 3, 2023
Money dollar investments

Radiology department tallies $1.2M in unreimbursed costs from multidisciplinary conferences in 1 year

Experts believe the data underline the need for reform, granting radiologists RVUs for this work and hiring more physicians to help ease the burden. 

November 3, 2023
USA map

Nearly one-third of the US population does not have access to an interventional radiologist in their county

Experts see great opportunity in these data to address disparities and expand the volume of patients treated by the specialty. 

November 2, 2023

Jury sides with radiologist in alleged medical negligence and wrongful death case

Widow Marlene Jackson accused Ohio radiologist Peter G. Knabe, MD, of negligence in failing to spot signs of lung cancer on her husband's CT scans.

November 2, 2023

Radiology vendor Covera Health raises up to $50M in financing, acquires AI firm

Coupled with its acquisition of CoRead—an AI quality assurance company used by over 2,000 hospitals—the startup plans to rapidly scale its offerings. 

November 2, 2023
artificial intelligence regulation legislation

Radiology societies press Congress to pass bill that would blunt Medicare cuts tied to clinical labor costs

The House Energy and Commerce Subcommittee on Health recently held a hearing to discuss the proposal, with rads hopeful it will be included in a year-end package.

November 1, 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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