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.

Radiologist and Dr. Money Matters podcast host Tarang Patel on why he is hopeful about the specialty's future
The noted radiologist discussed what's ahead for the specialty during the closing keynote at RBMA's annual meeting in Las Vegas.
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”
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.
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.
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.

Rad Partners, Rayus Radiology and RadNet urge CMS to address ‘systemic threats’ to imaging access

Meanwhile, MedPAC has recommended a pay hike for physicians, drawing praise from the American Medical Association.

March 16, 2023

Tech firm, specializing in tools to enhance MR imaging, ups fundraising total to $140M

Perspectum's flagship product is a noninvasive AI tool used to help physicians evaluate for the signs of liver disease.

March 16, 2023

The American College of Cardiology and Heart Rhythm Society issued a joint statement soon after CMS published its final rule for the 2023 Medicare Physician Fee Schedule. The groups warned that the final rule could threaten patient access to high-quality care. Medicare cuts may harm patient care.

Industry groups agree MedPAC’s inflationary update is not enough

The Medicare Payment Advisory Commission (MedPAC) wants to tie physician payments to inflation. Healthcare groups say it doesn't go far enough

March 15, 2023

The American Medical Association (AMA) has declared climate change as a major healthcare emergency. Sunrises and sunsets have become increasingly red in recent years with additional particulate matter in the atmosphere from larger, massive wild fires. Photo by Dave Fornell

Bringing back the sabbatical: Radiologists offer 4 tips on how to make it happen

Two academic radiologists recently shared their experiences with taking extended time away from work in the hope that their story would encourage others to do the same.

March 15, 2023

Hospital staff walking through a medical facility, intentionally blurred to look artistic

Most US adults with medical debt owe hospitals

A significant portion of U.S. adults have some past-due medical debt, according to a recent study from the Urban Institute, and the majority of those with debt owe non-profit hospitals.

March 15, 2023

Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule.

AMA pressures federal government to fix prior authorization problem plaguing radiology

About 89% of physicians surveyed believe that this payer tactic has had a negative impact on care, the association reported Monday.

March 15, 2023

New Radiology study offers key clues as to where practices should prioritize expansion plans

Individuals living in "extremely disadvantaged" ZIP codes are less likely to have access to accredited imaging facilities.

March 14, 2023

Insurer-owned hospital system has invested $400M to bolster radiology services in recent years

Highmark Health's latest effort will spend another $12 million to build a new 8,000 square-foot imaging center in western Pennsylvania.

March 13, 2023

Economics

Radiologist and Dr. Money Matters podcast host Tarang Patel on why he is hopeful about the specialty's future

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

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

Humana expands use of automated prior authorization software into diagnostic imaging

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