Healthcare Economics & Policy | Radiology Business

Technologist fired after using racial slur during disagreement

A technologist at Mississippi Baptist Medical Center in Jackson, Mississippi, has been fired for using a racial slur Aug. 11 at a local donut shop.

AI startup DiA Imaging Analysis raises $5M to grow business, expand portfolio

DiA Imaging Analysis, a Be'er Sheva, Israel-based startup focused on artificial intelligence (AI) and medical imaging, announced this week that it has closed a $5 million round of funding.

Former breast cancer center business manager gets 33 months in prison after stealing nearly $200k

The former business manager of a breast cancer center has been sentenced to 33 months in prison for wire fraud and tax fraud, according to an announcement by U.S. Attorney David C. Joseph.

Kansas City-based United Imaging Consultants joins Strategic Radiology

Strategic Radiology announced Thursday, Aug. 9, that Kansas City, Kansas-based United Imaging Consultants (UIC) has joined the company’s coalition of private practice radiologists.

Tariffs on another $16B worth of Chinese products now official—what’s next for this ongoing trade war?

The Office of the United States Trade Representative has announced that the U.S. government’s previously announced second round of tariffs on Chinese imports—impacting approximately $16 billion worth of products—is now official.

Radiation oncology fellows more likely to hold academic positions than residency grads

Most radiation oncology fellows will go on to hold jobs in academic radiology, according to a report published this week in the International Journal of Radiation Oncology • Biology • Physics. And more than a third of trainees in pediatrics or brachytherapy go on to hold jobs where those fellowship skills aren’t valued.

Radiologist denied new trial in ongoing employment dispute

The Superior Court of Pennsylvania has denied a radiologist’s request for a new trial over an ongoing dispute with a former employer.

Charity auctions off lunch with Gwyneth Paltrow for breast cancer research, raises $1.4M total

The Hamptons Paddle & Party for Pink, an annual fundraiser that includes both an early-morning paddle board race and an elegant party, occurred Saturday, Aug. 4, raising $1.4 million for the Breast Cancer Research Foundation.

Female radiologists in Maryland make much less than male counterparts

In Maryland, annual compensation is lower for female radiologists than it is for male counterparts, according to new survey data collected by Merritt Hawkins.

What does it take to perform an optimal cost-effectiveness analysis in radiology?

Performing a cost-effectiveness analysis (CEA) is a crucial part of the decision-making process for any imaging provider. The industry lacks consistency when it comes to exactly how CEAs are carried out, however, which can make their conclusions less reliable.

Initial ruling by judge sides with Hologic in ongoing patent dispute with Fujifilm

Fujifilm’s Aspire Cristalle breast imaging system violates four patents owned by Hologic, according to the initial ruling on July 26 of U.S. International Trade Commission Judge Clark Cheney.

Demand is up for radiology, but salaries are down 15%

Radiology is now the fourth most requested physician search assignment, according to a new report from Merritt Hawkins. The specialty’s average starting salary, however, is down 15 percent—dropping from $436,000 in 2017 to $371,000 in 2018.

NEMA leadership testifies on potential impact of latest tariffs

The National Electrical Manufacturers Association (NEMA) testified this week in front of the Office of U.S. Trade Representative (USTR) on the potential harm that could result from the U.S. government’s latest round of proposed tariffs on products imported from China.

House votes to repeal medical device tax

The U.S. House of Representatives has voted to repeal the medical device tax, originally implemented as a piece of President Barack Obama’s Affordable Care Act, by a vote of 283 to 132. Fifty-seven Democrats voted with Republicans to eliminate the 2.3 percent tax. All eyes are now on the Senate to see what may happen next.

40% of breast cancer patients struggle to afford treatment

Nearly 40 percent of women find their breast cancer treatment unaffordable, according to a large-scale study published in Cancer this month—but radiation oncologists are better than some at communicating financial difficulties to their patients.

Radiology residents earn an average salary of more than $60K

Jul 19, 2018 | Healthcare Economics & Policy

The average salary for a radiology resident is $60,700, according to a new report published by Medscape. This puts radiology in the middle of the pack among all specialties.

Healthcare Economics & Policy

Massachusetts county's MRIs offer more bang for the out-of-pocket buck

Jul 18, 2018 | Healthcare Economics & Policy

Worcester County, Massachusetts, residents can enjoy a better deal on MRIs than anywhere else in the state, the Telegram & Gazette reported of a Pioneer Institute study released this week, averaging out-of-pocket costs that rarely exceed $60.

Healthcare Economics & Policy

Philips seals $164M tech deal with 2 German hospitals

Jul 16, 2018 | Healthcare Economics & Policy

Royal Philips has funneled roughly $164 million (€140 million) into two separate business deals with the Kliniken der Stadt Köln (Clinics of Cologne) and Städtische Klinikum München (Munich Municipal Hospital) in Germany, the company announced this month.

Healthcare Economics & Policy

The numbers don’t lie: 4 reasons to be optimistic about radiology’s future

Jul 16, 2018 | Healthcare Economics & Policy

Radiologists have a lot to be excited about in 2018 and beyond. Jim Y. Chen, MD, of the department of radiology at Brigham and Women’s Hospital in Boston, explored some recent statistics in a new commentary published by the Journal of the American College of Radiology, detailing what they mean for the specialty this year and in years ahead.

Healthcare Economics & Policy

Radiology groups consolidate en masse in light of increasing demands, underfunding

Jul 13, 2018 | Healthcare Economics & Policy

With seven of the country’s 20 most prominent radiology practices having completed business deals within the last 18 months, the field is witnessing more efforts to consolidate and conserve resources than perhaps ever before.

Healthcare Economics & Policy

Tariffs on Chinese products could increase annual medical equipment costs by $400M

Jul 13, 2018 | Healthcare Economics & Policy

The escalating trade war between the U.S. government and China could lead to an additional $400 million in medical equipment costs each year, according to a new analysis from the American Action Forum (AAF).

Healthcare Economics & Policy

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