Healthcare Economics & Policy

A wave of consolidation is sweeping over physician practice specialties and, by many indicators, radiology may be next. 

The American College of Radiology (ACR) Commission on Human Resources has published the results of its annual workplace survey in the Journal of the American College of Radiology. More than 500 practice leaders responded to the survey, which corresponds to more than 13,000 radiologists. The ACR’s annual survey, which was first published in 2011, was developed to help track hiring trends within the imaging industry in the United States.

Complaints about the cost of healthcare are common throughout the country, with patients often saying they have no idea how much a certain service may cost until it’s too late. But what about the individuals actually ordering the services? Do they know the costs? According to a study published in the Journal of the American College of Radiology, postgraduate physician trainees have “limited awareness” of the costs of common imaging examinations. 

Following speculation earlier this month, McKesson announced today it is merging its McKesson Technology Solutions (MTS) business with Nashville, Tenn.-based Change Healthcare to form a brand new healthcare IT company.

After more than a week of rumors and speculation, Toshiba and Canon both made it official on Thursday: Canon has agreed to purchase Toshiba Medical Systems for more than $6 billion. Richard Berger, Canon’s global PR manager, talked about the deal via email with RadiologyBusiness.com, praising the company’s reputation and looking ahead to the future.

Toshiba has officially announced the sale of its Toshiba Medical Systems unit to Canon for $6.2 billion. A newspaper from Tokyo reported the news last week, but it had not been confirmed until now.

According to a new report from Tokyo, Toshiba is selling its Toshiba Medical Systems unit to Canon for more than $6 billion. The companies are still working out the exact details of the highly anticipated deal.

Donald Trump’s presidential campaign released an outline of his healthcare plan today, and according to reporting by the Los Angeles Times, it doesn’t offer much that hasn’t been heard before. 

Medical device company and endoscope manufacturer Olympus Corp. of the Americas has agreed to pay a total of $646 million plus interest to resolve two separate government investigations related to providing physicians and hospitals with kickbacks.

Toshiba is attempting to sell its entire medical equipment unit, Toshiba Medical Systems Corp., and it may sell for even more than the previous estimate of $3.5 billion, according to a new report from Reuters. 

Consolidation is beginning to intensify in the U.S. radiology market, according to recent analysis published by Current Problems in Diagnostic Radiology. But owners of smaller practices have an option that doesn’t involve giving up power to corporate entities: work together. 

Expanded ICD-10 codes for billing for low-dose CT lung cancer screening for individuals who smoke or have a history of smoking are on their way, according to the Association for Medical Imaging Management (AHRA).