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.

doctor in handcuffs after being arrested

Cardiologist charged with fraud for allegedly altering patient records, billing for unnecessary procedures

The doctor allegedly targeted some patients more than ten times, treating them again and again with procedures that were not medically necessary. 

Congress dome capitol Washington

Congress adjourns for 2023 without a radiologist pay fix

ACR expects the House and Senate to address this issue when lawmakers debate the Continuing Resolution set to expire Jan. 19.

artificial intelligence AI money brain dollar

South Korean imaging AI vendor Lunit to acquire rival for $193M

Adding Volpara's mammography solutions, used in over 2,000 U.S. sites, could catapult the acquirer "into the forefront of the American market.”

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GAO: No Surprises Act rollout has been ‘challenging’ for radiologists, other physicians

The feds anticipated only about 22,000 disputes between insurers and providers, but the actual number was more than 20 times higher. 

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Radiologists lose market share of Medicare ultrasound billings to cardiologists in some settings

“These shifts may reflect changes in relative utilization of specialty-specific examinations or evolving payment policies," experts wrote in AJR

hospitals tops as healthcare spending hits $4.5 trillion

Hospitals earn their keep as US healthcare spending hits $4.5T

Big as it is, the hospital piece represented just a 2.2% bump over 2021—a modest increase compared with 2021’s spike of 4.5% over 2020.

hospitals accounts receivable unpaid claims

Denied claims increasingly saddle hospitals with cashflow lags

Over the past three years, the value of claims waiting longer than 90 days for payment from commercial payers has risen by 33%. Stalled Medicare Advantage claims have spiked by even more.

Employee retention staffing hiring

8 practical strategies to retain radiologists

Jay R. Parikh, MD, and Frank Lexa, MD, MBA, offered their insights in a new pre-proof opinion piece published in JACR.