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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Radiologists produce imitation PET scans via routine CT imaging

“With further tuning and validation, this pipeline may potentially add value in cancer screening, staging, diagnosis and prognosis," experts wrote in Cell Reports Medicine.  
 

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Judge denies radiology group’s attempt to dismiss lawsuit over $177M sale of the practice

Technologist Robert Harrison and his attorneys filed the complaint in 2021, charging that shareholders grossly overpaid in the deal, among other contentions

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Hospitals’ fiscal ‘pain points’ topped by revenue cycle management, labor costs, workforce shortages

Healthcare CFOs spend more time dealing with cost management and, by extension, operational issues than any other single set of items on their to-do lists.

The most popular selfie spot at ACC 2023. At one point the first day of the conference, there were about 1,0000 attendees waiting in a line about two football fields long to get a photo in front of the logo. A testament to the first post-COVID pandemic ACC and large numbers of returning clinicians to the in person event. ACC.23 had more attendees and vendor booths than in 0re-pandemic 2019. #ACC23 #ACC

ACC.24 to make the business side of cardiology a priority

While the American College of Cardiology's annual meeting has historically had a more clinical focus, presentations at this year's conference in Atlanta will spend much more time looking at the business side of things. 

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Medicare will now cover weight loss drug semaglutide if taken for heart benefits

The news represents a meaningful policy shift for CMS. In the past, Medicare prescription drug plans have not covered medications designed to help patients lose weight.

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Powering down interventional imaging systems saves tens of thousands in electricity costs

Making the hypothetical adjustment of switching all idle systems to off overnight and on weekends would save one hospital about $38,000. 
 

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Nearly 15% of claims submitted to private payers are initially denied

Private payers eventually overturned more than half of denials, with the claims paid, but only after “multiple, costly rounds of provider appeals.” 

Going green in the cath lab makes economic sense

New research explored the potential savings of turning off angiography systems at night and on weekends.