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.

Same-day discharge after interventional radiology procedure saves money without impacting outcomes

Amid the COVID-19 pandemic, with bed space at a premium, UAB Medicine started sending patients home after percutaneous cryoablation of renal tumors. 

May 10, 2024
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

UPMC settles $38M whistleblower lawsuit for Medicare fraud

Surgeons at the health system were accused of performing unnecessary procedures and receiving bonuses as kickbacks. UPMC does not admit wrongdoing.

May 10, 2024
prostate cancer PSA

Collaborative bolsters prostate MRI quality, with 1 site realizing $559,000 in reimbursement gains

Some of the most commonly deployed interventions included protocol adjustments, standardized patient prep instructions and personnel training. 

May 10, 2024
money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

Medical device company raises $87M to study new-look scaffolds for BTK PAD

R3 Vascular also announced that Christopher M. Owens, a veteran of the medical device industry, is its new president and CEO. 

May 9, 2024
Financial data showing growing revenue

RadNet sees quarterly revenue climb to ‘record’ $432M with double-digit growth across multiple modalities

Comparing only imaging centers that operated both quarters, MRI volumes increased 10% compared to Q1 of 2023 while PET/CT was up more than 15%. 

May 9, 2024
Outpatient Radiology Casper Medical Imaging

Casper Medical Imaging & Outpatient Radiology expands into new state

Based in its namesake Wyoming community, the rural private practice is growing eastward, opening a new outpatient center in Scottsbluff, Nebraska. 

May 9, 2024
CTC colonography colon cancer colonoscopy

Radiologists meet with CMS to press for coverage of crucial CT screening exam

Staffers with the Centers for Medicare & Medicaid Services were "attentive to the discussion and requested supporting documentation," ACR reported. 

May 9, 2024
Samsung

Samsung to acquire ultrasound artificial intelligence firm Sonio for more than $92M

Founded in 2020, the Paris-based firm offers products to aid physicians in assessing and documenting OB/GYN scans. 

May 8, 2024