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.

Surprise-billing legislation took away Envision Healthcare’s ‘secret sauce,’ health economist says

Eileen Appelbaum, PhD, spoke during the Take Back Medicine summit, focused on the theme of “reclaiming medicine from corporate interests.”

June 20, 2023

GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4. Stock Market

RadNet closes public stock offering after raising $259M or 48% more than original ask

The Los Angeles-based imaging center operator sold a total of 8,711,250 shares of its stock at $29.75 apiece.

June 19, 2023

Hospital system joint venture will launch 1 of state’s largest new imaging facilities

The 22,632 square-foot center will include four wide-bore MRIs and upgraded PET and CT scanners, leaders announced recently.

June 19, 2023

University of Chicago startup scores $1M to help commercialize interventional radiology product

Co-founded by radiologist Osmanuddin Ahmed, MD, Flow Medical is creating a first-of-its-kind product for treating pulmonary embolism.

June 19, 2023

Private equity-backed Capitol Imaging acquires 2 radiology groups spanning 10 locations

The Metairie, Louisiana-based radiology group has doubled in size since Clearview Capital funded the company in October 2020.

June 15, 2023

Radiology practice SimonMed launches nationwide whole-body MRI service, charging fraction of competitors’ prices

SimonOne utilizes AI, advanced clinical protocols and the “best available” equipment to detect diseases before symptoms arise, the PE-backed group announced.

June 15, 2023

‘Past the breaking point’: AMA calls for urgent action to fix ‘dilapidated’ payment system

The American Medical Association said it is developing a targeted, grassroots campaign to begin fighting for Medicare reform.

June 15, 2023

Hospital system and 2 imaging center chains band together in joint venture deal

Inspira Health is bringing together its long-time imaging partner and an outside competitor to help bolster access and expand services.

June 15, 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