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.

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.
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.

GE HealthCare finalizes acquisition of Cleveland-based provider of AI imaging-analysis software

The company plans to integrate MIM Software's radiology and nuclear medicine solutions into its advanced-visualization product line.

April 3, 2024

The 10 most and least expensive states for healthcare consumers

Going by the price of being a patient, North Carolina and Hawaii bookend the other 48 states.

April 3, 2024

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Radiologists ponder private equity in medicine: ‘Why aren’t we more concerned?’

Leah Davis, DO, and Sharon D'Souza MD, shared their thoughts in a piece published by Current Problems in Diagnostic Radiology.

April 2, 2024

Teleradiology medical malpractice more frequently leads to higher payouts, patient death

Findings are based on an analysis of 135 teleradiology malpractice cases and 3,474 more in regular radiology, conducted by Harvard Medical School and published in Radiology.

April 2, 2024

Imaging center operator RadNet launches new joint venture partnership with Providence

Meanwhile, Moody's also recently issued a credit upgrade for the Los Angeles-based company, highlighting its "healthy" organic growth and "very good" liquidity.

April 2, 2024

Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

Former radiology group employees settle lawsuit over retirement benefits for $19M

About 180 former employees settled a suit with the former managers and owners of their radiology practice, saying their retirement benefits were mismanaged.

April 1, 2024

Expedited g-tube placement cuts costs and LOS in head and neck cancer patients

There were no statistical differences in overall complication rates between the traditional and expedited groups, but there were marked savings and shorter hospital stays.

April 1, 2024

Is concierge medicine a net plus for US healthcare? Answer depends on perspective

Critics say the model caters to the wealthy while taking primary care physicians out of circulation for everyone else. Not so, respond concierge proponents.

March 30, 2024

Economics

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

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