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.

William T. Thorwarth Jr., MD

American College of Radiology lays off 11% of its workforce

As part of its drive to balance the budget, ACR also is reviewing “all programs and areas for potential savings," leaders told attendees at the organization's annual meeting. 

April 15, 2024
radiologist radiology pay compensation money dollar

Radiologists are the 6th highest paid specialists at $498,000

Orthopedists ($558,000), plastic surgeons ($536,000) and cardiologists ($525,000) accounted for the top three, according to new Medscape data. 

April 15, 2024
artificial intelligence regulation legislation

US Senators continue their push for radiologist Medicare pay reform

Lawmakers held a hearing on this topic April 11, titled “Bolstering Chronic Care through Medicare Physician Payment," featuring testimony multiple medical specialty societies. 

April 15, 2024
Kim Tzoumakas

Private equity backed radiology provider Rayus partners with AI startup to launch nationwide whole body MRI offering

Ezra charges $950 to $2,500 for exams of healthy individuals and analyzes them with its FDA-cleared software to diagnose cancer and other conditions.  

April 15, 2024
healthcare money economics dollar stethoscope acquire merger

Nearly 80% of physicians now work for hospitals or other corporate entities as private practice dwindles

For the first time, the percentage of practice ownership by PE firms and other corporate entities (30%) surpassed hospitals or health systems' share (28%). 

April 12, 2024
Houston Texas

RadNet acquiring 6 imaging centers, adding $15M in annual revenue

American Health Imaging, a partner with the larger private equity-backed US Radiology Specialists, is selling the locations. 

April 11, 2024
jury court verdict juror lawsuit trial

Practice must pay $14M after table collapses under patient during imaging exam, jury rules

The original inciting incident occurred in July 2014, when 58-year-old James Griswold visited the Connecticut provider group for a nuclear stress imaging test. 

April 11, 2024
wallet purse broke bankrupt

Small practices left vulnerable after Change Healthcare cyberattack, with some considering bankruptcy

"These survey data show, in stark terms, that practices will close because of this incident," said AMA President Jesse Ehrenfeld, MD.

 

April 11, 2024

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.

Trimed Popup
Trimed Popup