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.

Medicare money payment

American College of Radiology reports continued progress in fight over payment for key CT service

Three of the seven Medicare Administrative Contractors have now agreed to cover cerebral perfusion analysis, used to assess for signs and symptoms of a stroke. 

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Princeton Radiology announces expansion into new state with state-of-the-art center

The 65-year-old, New Jersey-based private practice now has about a dozen locations, with the latest in Newtown, Pennsylvania. 

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92% of rural Nebraska hospitals report financial hardship caused by Medicare Advantage plans

Members of the Nebraska Rural Health Association overwhelmingly expressed concerns that Medicare Advantage plans could jeopardize patient health. Some are considering dropping their contracts with the plans altogether. 

Radiologist Radiology Money Dollar X-ray Scan Finance

Academic radiology faculty face salary gaps across nearly all ranks

The salary gap remains at about 6%, with male academic radiologists earning about $483,000 versus $455,000 for women, experts wrote in Radiology

New York Governor Kathy Hochul

New York governor signs bill to expand coverage for breast imaging

The legislation changes state insurance laws to require individual, group and nonprofit health plans to reimburse for both screening and diagnostic imaging. 

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Company aiming to automate medical coding in radiology raises $47M

Across its customer base of physician groups, health systems and hospitals, Nym has processed over 6 million charts annually. 

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UPMC expensed $50M private jet, despite laying off 1,000 workers

Pittsburgh Medical Center CEO Leslie Davis used the jet to travel around the world, flight logs show. 

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Jury awards woman $7M after radiologist misread leaves her blind at age 23

The case dates to November 2020 when Allison Mitchell was admitted at Saint Vincent Hospital for a headache that led to her losing consciousness.