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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Judge denies Radiology Partners’ initial request to resolve ‘bogus’ UnitedHealthcare lawsuit via arbitration

The nation's largest commercial insurer recently filed an amended complaint, claiming that RP perpetrated a billing scheme motivated by "pure greed."  

Use of advanced imaging skyrockets in ED, and radiologists should be ready for more

The surge in imaging utilization is independent of increased patient volumes, “suggesting that other extrinsic drivers” contributed, researchers noted. 

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Federal court sides with radiologists, vacating 600% fee increase under No Surprises Act

RBMA called the decision “a significant victory for providers, especially within the field of radiology.” 

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ACR shares concerns about specialty’s ‘struggle’ to participate in alternative payment models

Barriers to radiologists’ success in MIPS include their ineligibility to earn maximum incentive adjustments, despite perfect performance. 

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Ultrasound maker Butterfly Network trimming $2M in expenses per month amid financial challenges

The Burlington, Massachusetts-based company recorded a net loss of $28.7 million in the second quarter, leaders said Thursday. 

Higher pay in specialties such as diagnostic radiology correlates with lower levels of diversity

Full professors in imaging earned median compensation of about $500,320 between 2015-2022, researchers wrote in JAMA.

Hospital financial trouble

AHA urges hospital stakeholders to wake up and smell the financial trouble that’s been brewing

The American Hospital Association is sounding the alarm over evidently widespread acceptance of 0% operating margins—or even negative margins—as a sort of “new normal” for U.S. hospitals and health systems.  

Startup scores $30.5M from HHS to develop imaging system for mass-casualty incidents

Rivanna's contract with the federal government also includes an option for another $56.4 million for the ultrasound-based technology.