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.

AI in healthcare

AI scribes add at least $167 per month to clinician income: 5-site study

In the three or so years since it burst into healthcare, ambient AI scribe technology has run away with the win in the market-uptake race. What has been the return on investment in all those software packages? 

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California Democrats propose new corporate tax to offset Medicaid cuts

The idea was floated as part of a proposed budget for the state released by Democrats in the Senate. If passed, only the top 2% of corporations in California would be impacted. The levy would generate $5 billion to $8 billion annually for Medicaid. 

healthcare value value-based care money dollar

Cardiologists now earn more than radiologists or plastic surgeons

Cardiologists in the United States now earn an average annual income of $575,000. That represents an increase of 10% compared to the previous year.

Cardiology practice launches walk-in clinic in Pennsylvania

The new clinic wants to keep patients out of hospital EDs when possible and provide care at a lower cost.

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Radiologist pipeline barely keeping pace with population growth

“Expanding residency slots and mitigating workforce attrition will be necessary to mitigate increasing workforce gaps," experts write in the Journal of the American College of Radiology. 

Radiologist Radiology Money Dollar X-ray Scan Finance

Radiologists earning an average of $571,000, up 9% year over year

The figure places the specialty third among medicine’s highest earners, behind only orthopedics ($611,000) and cardiology ($575,000), Medscape reports. 

The U.S. healthcare system is facing a deepening workforce shortage driven by policy constraints, limited training capacity and immigration barriers—issues that could significantly worsen in the coming years without reforms, according to Anders Gilberg, senior vice president, government affairs at Medical Group Management Association (MGMA), in the above video interview. #MGMA #IMMIGRATION

MGMA supports bipartisan effort to eliminate $100K visa fee for healthcare workers

MGMA says Trump’s immigration policy combined with Congress’s unwillingness to fund additional medical residency positions is a primary driver accelerating the growing U.S. healthcare staffing shortage.

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Join us: When RCM Becomes a Strategic Asset—Lessons from Luminis Health Imaging

Join us for a Radiology Business webinar and live Q&A on Tuesday, April 21, with leaders from this seven-center imaging group and a veteran financial expert.