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.

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Current measuring stick may be underselling interventional radiology’s impact

IRs are inconsistently defined in health research and underrepresented by specialty designation in claims data, experts wrote Monday. 

Cloud technology

Sectra inks $16M enterprise imaging contract with large Midwest provider

The deal is with an unspecified radiology organization spanning multiple states, operating more than 20 sites that handle 2 million-plus medical images per year. 

Kate Hanneman, MD, University Of Toronto, explains why vendors and hospitals are increasingly discussing lowing their carbon footprint by starting with radiology. 

What does radiology have to do with climate change?

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

Money court lawsuit judge ruling scales of justice

Healthcare fraud: DOJ recovered $1.9B in 2023, including several key settlements related to cardiology

The Department of Justice spent a substantial amount of time and energy targeting healthcare fraud in 2023, according to a new 80-page report. Some of the year's biggest settlements involved cardiac surgery and cardiac imaging. 

Financial data showing growing revenue

RadNet expects to open 12 new centers in 2024, potentially enter more markets

The decision comes amid strong demand for the publicly traded, Los Angeles-based radiology provider’s services. 

Department of Justice DOJ

DOJ collects $1.9B from healthcare in 2023, with imaging provider making 1 of the biggest payouts

Cardiac Imaging Inc. agreed to pay $85 million in October, the largest judgment in the “Laboratory, Pathology, Radiology and Diagnostics" category. 

unpaid medical bills medical debt

A definable under/over line separates paying from non-paying patients

Patients who owe providers $500 or less in out-of-pocket expenses tend to pay down the bill. Those who owe more than $500 are evidently inclined to ignore collections efforts and pay nothing at all.

carestream

Medical imaging vendor Carestream laying off 200-plus employees, closing facility

The decision is due to reduced production volumes, the high cost of site infrastructure and opportunities to streamline shipping.