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.

noncompete contract clause employment pen sign

Cardiologists, thoracic surgeons applaud FTC’s ban of most noncompete clauses

The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”

April 25, 2024
William T. Thorwarth ACR American College of Radiology

ACR ‘deeply troubled’ by health insurer’s ‘latest attempt to undervalue the role of radiologists’

The Blue Cross and Blue Shield Association licensee is attempting to curtail the delivery of multiple diagnostic imaging exams on a single patient during a single healthcare encounter. 

April 25, 2024
Humana

Humana expands use of automated prior authorization software into diagnostic imaging

The Louisville, Kentucky-based payer first partnered with vendor Cohere Health in 2021 to launch a pilot program in 12 states. 

April 25, 2024
Alison Bailey, MD, FACC, chief of cardiology, Centennial Heart at Parkridge Medical Center, and a physician director of cardiovascular disease for HCA Healthcare. She was the co-chair of a four-part series on the business of cardiology sessions at ACC 2024. She explains why ACC chose to concentrate on business. #ACC #ACC24 #ACC2024 #Cardiologybusiness

Why the business side of cardiology was a key focus at ACC.24

Alison Bailey, MD, co-chair of the business of cardiology sessions at ACC.24, emphasized that reimbursement cuts can have a long-term negative impact on patient. 

April 24, 2024
memorial hospital west exterior

Solis Mammography partners with public health system to open community-based imaging centers

Memorial Healthcare System operates six hospitals in South Florida, with new centers located in Weston, Plantation and Hialeah. 
 

April 24, 2024
Wieland Sommer Smart Reporting

Radiologist-founded technology startup Smart Reporting raises $25M

Munich, Germany-based TVM Capital Life Science led the Series C financing round with additional contributions from Bayern Kapital and existing investors. 

April 24, 2024
Rebecca Farrington and Sandy Coffta explain different approaches to the main issues facing radiology during a presentation at RBMA 2024. #RBMA $RBMA24 #RBMA2024

Strategies to solve the toughest issues facing radiology practice management

Rebecca Farrington and Sandy Coffta from Healthcare Administrative Partners explain how to best tackle real-world issues radiology practices are facing.

April 23, 2024
Dave Walker explains how AI is helping improve the revenue cycle in radiology. #RBMA #RBMA24 #RBMA2024

Use of AI in radiology revenue cycle management

Dave Walker, senior director of revenue cycle, Radiology Associates of North Texas, explains how his practice uses artificial intelligence for revenue cycle management during the Radiology Business Management Association (RBMA) 2024 meeting.

April 22, 2024