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.

Radiology AI startup Better Medicine balloons fundraising to nearly $7M
The company operates across six countries with plans to enter the U.S., offering its flagship BMVision Kidney, helping to detect malignant lesions in the organ.
Average malpractice insurance payout for diagnostic errors in physician offices: $661,000
Cancer is by far the most commonly overlooked diagnosis at 45%, followed by infections (14%), vascular issues (7%) and cardiac concerns, according to new research.
CMS responds to criticism of pay model targeting ‘wasteful and inappropriate’ radiology services
The agency recently issued a frequently asked questions fact sheet about the WISeR model days after House Democrats expressed concern about the initiative.
Quadrant Private Equity firm acquires imaging center network for over $130M
Founded in 2018, Carlisle Health operates a platform of 24 imaging centers, employing a staff of more than 500, including 70 radiologists.
MGMA warns of government overreach in the proposed 2026 Medicare Physician Fee Schedule
The Medical Group Management Association shares concerns about the draft fee schedule published in July. A major concern is the government possibly changing how RVUs are set, rather than allowing the medical specialty representatives to have a say.

Radiology speaks up and CMS listens on key policy concern

The administration announced Dec. 21 that it is granting providers extra time to submit claims disputes under the No Surprises Act.

Nearly 40% of thyroid ultrasounds at 1 hospital had no noteworthy clinical findings

“Providing clear guidance on when to order thyroid ultrasounds can help reduce unnecessary healthcare utilization and potential overtreatment," experts wrote.

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.

Money court lawsuit judge ruling scales of justice

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.

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.

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?

healthcare money economics dollar stethoscope acquire merger

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.

Economics

Radiology AI startup Better Medicine balloons fundraising to nearly $7M

Average malpractice insurance payout for diagnostic errors in physician offices: $661,000

CMS responds to criticism of pay model targeting ‘wasteful and inappropriate’ radiology services

Quadrant Private Equity firm acquires imaging center network for over $130M

MGMA warns of government overreach in the proposed 2026 Medicare Physician Fee Schedule