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.

Kaiser Permanente imaging technologists strike, seeking 42% pay increase

Both sides recently held a bargaining session, with Kaiser labeling the union’s request as “frankly, not reasonable."

The American public understands that cutting Medicare harms everyone

Radiology Business Management Association leaders contend that slashing Medicare reimbursement "ignores overwhelming public wisdom."

US Senators release draft plan to partially protect radiologists from Medicare cuts

ACR said it appreciates the proposal, which is part of the Better Mental Health Care, Lower-Cost Drugs, and Extenders Act.

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Private equity-backed pharmaceutical company acquires stroke drug from Bayer

The drug, nimodipine, is a second-generation calcium channel blocker designed to prevent and treat cerebral vasospasm following an aneurysmal subarachnoid hemorrhage.

Radiology provider Envision Healthcare successfully emerges from bankruptcy process

The Nashville, Tennessee-based multispecialty group first filed for Chapter 11 in May, seeking to retool its troubled capital structure.

CMS increases reimbursement for CVRx’s implantable Barostim device for heart failure

Implanting the Barostim device is now associated with an average payment amount of $45,000, up significantly from the previous average of $29,000.

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Cardiologists, heart surgeons and imaging experts push for changes that could prevent ‘permanent and unjustifiable Medicare cuts’

More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts.

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Medicare finalizes 2024 physician fee schedule with radiologist pay cuts, pause of AUC program

Physician advocacy groups including the RBMA, ASTRO, MGMA and AMA criticized the final rule, with the latter calling it a "recipe for financial instability."

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