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.

healthcare value value-based care money dollar

Radiology department tallies $1.2M in unreimbursed costs from multidisciplinary conferences in 1 year

Experts believe the data underline the need for reform, granting radiologists RVUs for this work and hiring more physicians to help ease the burden.

Nearly one-third of the US population does not have access to an interventional radiologist in their county

Experts see great opportunity in these data to address disparities and expand the volume of patients treated by the specialty.

Jury sides with radiologist in alleged medical negligence and wrongful death case

Widow Marlene Jackson accused Ohio radiologist Peter G. Knabe, MD, of negligence in failing to spot signs of lung cancer on her husband's CT scans.

Radiology vendor Covera Health raises up to $50M in financing, acquires AI firm

Coupled with its acquisition of CoRead—an AI quality assurance company used by over 2,000 hospitals—the startup plans to rapidly scale its offerings.

24 weighted metrics in 4 telling categories reveal best, worst states for healthcare

The Northeast is home to seven of the best states for healthcare. The South is that picture’s reverse image, hosting seven of the worst.

Hospitals have been profitable for most of 2023

Syntellis Performance Solutions released a new report that shows hospitals in the U.S. have been profitable for the last seven months.

IVL gains higher level of reimbursement with one of biggest coding updates for PCI in decades

Intravascular lithotripsy therapy to break up calcified coronary lesions will now be reimbursed at a higher rate under new in-hospital codes the went into effect Oct. 1.

artificial intelligence regulation legislation

Radiology societies press Congress to pass bill that would blunt Medicare cuts tied to clinical labor costs

The House Energy and Commerce Subcommittee on Health recently held a hearing to discuss the proposal, with rads hopeful it will be included in a year-end package.

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