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.

physician money payments dollars

Cardiologists received $1.3B in industry payments over 10-year period, No. 3 among all healthcare specialties

Only orthopedic surgeons and neurologists/psychiatrists received more industry payments from 2013 to 2022 than cardiologists. Also, the two prescription medications associated with the most physician payments were a blood thinner and an anticoagulant. 

March 28, 2024
Tellica Imaging Intermountain

Hospital giant to expand homegrown outpatient imaging chain that offers flat-rate MR and CT

First launched in 2021, Tellica Imaging has aimed to capitalize on the industry's shift away from hospitals to less costly freestanding sites

March 28, 2024

Radiology groups slam UnitedHealthcare decision they say was inspired by ‘science-harvesting mercenaries’

UHC has labeled an IR service docs have been delivering for 9 years as “unproven and not medically necessary due to insufficient evidence of efficacy." 

March 28, 2024
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. 

UnitedHealth’s Optum to acquire 9-state multispecialty radiology provider

Dallas-based Steward Medical Group spans 450 practices, employing over 1,700 providers including 180-plus radiologists. 
 

March 28, 2024
Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 

Imaging’s total share of US healthcare spending plummets as others record gains

The percentage of patients who received imaging services also declined from 46% in 2010 down to 40% by 2021, experts wrote in Health Affairs Scholar

March 27, 2024

Phoenix Radiology inks deal with critical access hospital after previous imaging partner departs

Clarkston, Washington-based TriState Health had worked with Twin Cities Radiology for 25 years, with the practice ending the relationship due to retirement. 

March 27, 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.

Report: Johnson & Johnson once again considering deal to acquire Shockwave Medical

Healthcare giants Boston Scientific, Johnson & Johnson and Medtronic were all reportedly interested in acquiring Shockwave Medical in 2023. Now, new rumors suggest a deal could be finalized within weeks. 

March 27, 2024
Auburn University SIemens 7T magnetom scanner

University charts a world’s first with clinical use of new $9M 7T MRI system

The Siemens Magnetom scanner utilizes dedicated radiofrequency sodium coils and parallel transmit technology—a “stark” difference from older models

March 26, 2024