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.

RadNet closes more than $1B debt refinancing transaction
Leaders said previously that the publicly traded imaging provider will use the proceeds to fuel growth in Houston and elsewhere.
Private equity-backed radiology provider Solis Mammography inks joint venture deal with large hospital system
The “nation's largest independent provider of specialized breast health services” is teaming with Northwest Healthcare to expand imaging offerings in the Tucson region.
Private equity bankruptcies in healthcare explode 112% in 5 years
According to the Private Equity Stakeholder Project, 21% of all healthcare bankruptcies in 2023 involved organizations owned by financial firms.
American College of Radiology Council votes to raise membership dues
Active national physician member dues will increase by about $90, with a smaller modification for young rads and medical physicists.
Riverside Radiology Medical Group joins growing independent practice coalition
The organization is the 38th to join Strategic Radiology and third in California, leaders announced on Wednesday.

Lawmakers propose ‘gold card’ program that exempts physicians from prior authorization requirements

Experts said that radiologists, along with others who order imaging, stand to benefit from the bipartisan proposal.

July 31, 2023

Medicare spent upward of $3.8B on low-value imaging and cancer screenings in 1 year: MedPAC

“Imaging for nonspecific low back pain” was listed as the most frequently occurring low-value service, impacting upward of 9.3% of beneficiaries.

July 31, 2023

ACR estimates diagnostic radiology will face 4% Medicare cut, absent congressional action

The college issued a detailed breakdown of the 2024 MPFS, offering insight into the “complex” formula for how much the specialty stands to lose.

July 28, 2023

EHR nudge helps health system drop use of unnecessary lumbar X-rays by 53%

Researchers with NYC Health + Hospitals detailed their large-scale quality improvement project in the Journal of the American College of Radiology.

July 28, 2023

artificial intelligence money finance acquisition

RapidAI raises $75M in series C financing

The San Mateo, California-based startup said the money will help it tackle more diseases and add further functions to the company's platform.

July 28, 2023

American College of Radiology opposes focus of US House bill aimed at increasing imaging price transparency

Rep. Mike Carey introduced the Imaging Services Price Transparency Act July 25, hoping to better inform patients about services provided by the specialty.

July 27, 2023

Demand for imaging to swell after approval of new Alzheimer’s drug, GE HealthCare predicts

"We believe that this is a pretty profound growth opportunity across the space," CEO Peter Arduini told investors during a Q2 earnings call.

July 26, 2023

Cigna, one of the nation’s largest health insurance providers, announced new priorities for its capital deployment, including steering an additional $450 million into Cigna Ventures.

Cigna violated the law by denying claims for imaging and other services in bulk, lawsuit alleges

Plaintiff attorneys are asking for damages in excess of $5 million, not including interest and other costs, and seeking class-action status.

July 25, 2023

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.

Economics

RadNet closes more than $1B debt refinancing transaction

Private equity-backed radiology provider Solis Mammography inks joint venture deal with large hospital system

Private equity bankruptcies in healthcare explode 112% in 5 years

American College of Radiology Council votes to raise membership dues

Riverside Radiology Medical Group joins growing independent practice coalition

Around the web