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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Cardiologists make a familiar plea, urging Congress to eliminate impending Medicare cuts

Congress has already adjourned for the year without taking action, but U.S. medical societies are hoping relief from significant Medicare cuts will arrive in early 2024. 

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American College of Radiology ‘concerned’ about new fee under No Surprises Act

“The ACR remains concerned about access to IDR for radiology as most imaging claims are less than the finalized administrative fee of $115,” the college said. 

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Interventional radiology’s integration with independent urology practices a growing trend

The latest example is the Michigan Institute of Urology, which is teaming with Prostate Centers USA to open IR Centers at MIU on Dec. 27. 

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COVID protective gear expires, piles up—and goes to waste

What happens when hospitals en masse stock up on supplies to withstand a health crisis of unknown duration?

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Philips-owned BioTelemetry to pay nearly $15M for allegedly misleading clinicians to secure higher reimbursements

The company and one of its subsidiaries would allegedly confuse clinicians and have them bill government programs for cardiac monitoring services that were more expensive than what they needed. This settlement resolves those allegations. 

Peter Moffatt, RBMA president-elect, discusses biggest issues facing radiology practices at RSNA 2023. #RBMA #RSNA #Radiology #CMScuts

Navigating the crucial challenges in radiology practice management

RBMA President-elect Pete Moffatt discusses how to contend with challenges such as staff shortages and reimbursement issues.

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Advocates criticize unfunded transparency mandate on imaging providers in recently passed legislation

The Lower Costs, More Transparency Act requires radiologists to publicly list prices for certain "shoppable" services.

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Physician groups press Congress to address radiologist pay cut in early 2024

“We write to emphasize the urgent need for Congress to take action," the Medical Group Management Association wrote to House and Senate leaders Dec. 19.