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.

New pact ends any ongoing payment disputes between Cigna and Radiology Partners affiliate
Singleton Associates, P.A., announced Wednesday it has inked a multiyear partnership with the Bloomfield, Connecticut, payer effective June 1.
Congress should relax budget neutrality to pay for imaging AI, industry lobbying group urges
"As the nation’s largest payer of healthcare, Medicare’s policies on coverage and payment for AI technologies are especially critical," AdvaMed says.
Tariffs threaten imaging access for patients, RBMA warns
Radiology practices are already operating on razor thin margins, with price increases prompting calls for congressional action to prevent further damage.
Reducing MRI scan times could add thousands of exam slots, generating up to $22M in new revenue per practice
That’s according to a new retrospective study led by the University of California, San Francisco, and Siemens Healthineers, published Tuesday in Radiology.
Feds should take page from EHRs, creating ‘Meaningful Use’ program to spur AI adoption, Rad Partners leaders say
"Using a similar approach of front-loaded, declining incentives, an AI-focused program could help accelerate adoption and implementation," write Richard Heller and Nina Kottler.

AMA ‘disappointed’ after Congress leaves physician pay fix out of bill to avert shutdown

The American College of Radiology and 120 other healthcare organizations recently sent a letter to leaders of the House and Senate, asking them to fix the “flawed” Medicare payment system.

money gavel court lawsuit legal judge judgement

Hospital fails to dodge $10M malpractice verdict after attempting to pin payment on radiologist

A nurse punctured the 68-year-old patient's lung with a feeding tube in 2018, and radiologist Louis Jacobs, MD, subsequently failed to spot the injury on X-ray.

South Korea-based Imaging AI vendor Lunit raises $150M in new capital

Traded on the Kosdaq stock exchange, the company held a public offering earlier this month, which garnered an “enthusiastic response” from investors.

3M spinning off healthcare division, launching new company

After a 70-year run, multinational science conglomerate 3M’s healthcare wing is spinning off as Solventum.

Medmo receives $9M investment for radiology scan scheduling

The new funding round was led by early stage venture capital firm Lerer Hippeau, with Medmo earmarking the money for expansion plans.

breast cancer mammography screening mammogram scheduling

Startup aiming to streamline medical imaging appointments raises $9M

Medmo has now expanded nationwide, supporting clients including imaging centers, primary care groups, large hospital systems and virtual health providers.

Philips inks 8-year partnership worth up to $115M with NYU Langone Health

As part of the deal, the top-ranked academic medical center will adopt Philips’ AI-powered imaging technologies, including handheld US.

merger acquisition handshake deal business agreement partnership

Fairfax Radiology adds 2 new locations, 15 physicians in M&A deal

Acquiring the Association of Alexandria Radiologists will pave the way for expansion and allow the practice to provide a single standard of care for Inova Health.

Economics

New pact ends any ongoing payment disputes between Cigna and Radiology Partners affiliate

Congress should relax budget neutrality to pay for imaging AI, industry lobbying group urges

Tariffs threaten imaging access for patients, RBMA warns

Reducing MRI scan times could add thousands of exam slots, generating up to $22M in new revenue per practice

Feds should take page from EHRs, creating ‘Meaningful Use’ program to spur AI adoption, Rad Partners leaders say