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.

University of Maryland Laurel Medical Center

Black-owned radiology practice sues University of Maryland, RadNet claiming unfair bidding process

Capitol Radiology has provided outpatient imaging services to UMMS for 20 years, but the institution is working to open a new facility just 50 yards from its outpatient center. 

CVRx Barostim illustration

CMS increases inpatient payment for implantable Barostim device

CVRx has now received improved outpatient and inpatient reimbursements for its implantable heart failure device in the last 12 months. The company's president says these updates will help more patients gain access to the Barostim technology. 

Novartis sues FDA over ‘unlawful’ approval of generic heart failure drug

The drugmaker argues that the FDA's recent approval of a generic version of Entresto should not be allowed for multiple reasons. Novartis sent multiple requests to the agency hoping to stop the approval, but the FDA denied each one. 

bipartisan house task force on artificial intelligence

Radiology Partners leader urges physicians to turn their Medicare ire toward Congress

Despite raging inflation and rising staff costs, the conversion factor is the lowest it’s been since 1993, Richard Heller, MD, MBA, wrote for MedPage Today. 

Stark Law Kickback Erlanger

DOJ suing health system in alleged kickback scheme

Three years after a pair of former hospital C-suite executives blew the whistle on their own institution, the U.S. Department of Justice has acted on the complaint.

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Southwest Medical Imaging marks 3 weeks since canceling contract with UnitedHealthcare

The Scottsdale, Arizona, radiology group believes that UHC's contract proposals "don’t recognize the escalating costs of continuing to provide safe and high-quality medical imaging." 

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Ultrasound-first strategy most cost-effective for recalled breast cancer screening patients

US-first resulted in an incremental net monetary benefit of about $681 versus using diagnostic mammography first, experts wrote in AJR.  

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RadNet a ‘boon’ for investors, Los Angeles Business Journal says

In the year ending July 23, the publicly traded company saw its stock price leap 86% while market capitalization climbed 97%, up to $4.8 billion.