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.

Radiology Business Management Association (RBMA) President Christopher (Kit) Crancer, senior vice president of radiology and public policy partnerships, and executive director of the Rayus Quality Institute, explains the highlights from the 2024 RBMA meeting.

Highlights from RBMA's 2024 PaRADigm annual meeting in Las Vegas

Radiology Business Management Association (RBMA) President Christopher Crancer shared some early highlights from the group's 2024 PaRADigm annual meeting in Las Vegas. "We have a very engaged membership," he said. 

April 16, 2024
RBMA 2024 UTMB

Radiology and pathology unite to produce $1M in potential revenue enhancements to 1 provider

Physicians with the University of Texas Medical Branch made their case for such an approach at the Radiology Business Management Association’s annual meeting in Las Vegas on Monday. 

April 16, 2024
Jason Owen Envision Healthcare

New CEOs joining Envision Healthcare, Iowa Radiology while top execs exit at GE HealthCare, Flywheel

Jason Owen, MBA, comes to Envision from BlueSprig, a leading provider of applied behavior analysis therapy for children, where he held the same role. 
 

April 16, 2024

New Jersey cardiologist faces up to 10 years in prison for $1.9M fraud scheme

The doctor, 76, admitted to billing multiple insurance providers for office visits that never happened at all.

April 15, 2024
healthcare money economics dollar stethoscope acquire merger

Cardiologist salary update: Compensation jumps to $525K per year, No. 3 among all specialties

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties. 

April 15, 2024
William T. Thorwarth Jr., MD

American College of Radiology lays off 11% of its workforce

UPDATED: 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