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.

Fitch Ratings adds Radiology Partners to list of top companies at risk of a debt default

Meanwhile, the agency has removed radiology provider Envision Healthcare from the same list following its recent bankruptcy filing.

June 23, 2023
analyzing financial data

S&P upgrades RadNet’s credit rating, citing ‘disciplined financial policy and growth agenda’

The boost comes after the Los Angeles-based imaging center chain recently closed a $259M public stock offering, with a sizable chunk earmarked for expansion initiatives. 

June 23, 2023
business news announcement

Private equity-backed cardiology group continues busy year with acquisition of Florida practice

Cardiovascular Associates of America, which has already had an eventful 2023, announced a new acquisition that helps expand its footprint in the Sunshine State. 

June 22, 2023
Shovel

Radiologist developing $250M medical campus that includes spot for his imaging group

John Tentinger, MD, said he has been working on the deal for about a decade, purchasing the 25-acre piece of land for $5.5M. 

June 22, 2023
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Radiologists read across an average of 5 subspecialties but aren’t always confident doing so

About 40% of rads said they accept studies across all areas of expertise. Yet, less than half are “very confident” reading them. 

June 22, 2023
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

Troubled imaging AI company files for chapter 11 bankruptcy

The publicly traded, Deerfield, Illinois-based vendor plans to pursue an auction of its assets through court proceedings, leaders announced Tuesday.

June 21, 2023

Bristol Myers Squibb joins others suing US government over portions of the Inflation Reduction Act

The Drug Price Negotiation Program already has changed how the company considers the development of future oncology programs and medications. 

June 20, 2023
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Surprise-billing legislation took away Envision Healthcare’s ‘secret sauce,’ health economist says

Eileen Appelbaum, PhD, spoke during the Take Back Medicine summit, focused on the theme of “reclaiming medicine from corporate interests.” 

June 20, 2023