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.

AMA president warns prior authorization hurting patients, driving burnout and practice closures
American Medical Association President Bruce Scott, MD, explains the growing issues with insurance prior authorization impacting patient care and what the AMA is doing about it.
Startup seeking to simplify medical imaging referrals raises $101M
Tennr uses an “enterprise orchestration engine” and series of specialized language models, trained on the nuances of processing documentation against payer criteria.
Led by notable names in radiology, imaging AI firm HOPPR raises nearly $32M
Founded in 2019 and based in Chicago, the vendor offers a “leading” infrastructure platform for building, refining and deploying large-scale AI models in medical imaging.
Atraverse Medical raises $29M to support FDA-approved heart tech
The San Diego-based startup gained FDA approval for its Hotwire RF guidewire in 2024. The technology has already been used to perform hundreds of heart procedures.
Eli Lilly to acquire gene-editing specialists focused on CVD for up to $1.3B
The company has agreed to acquire Verve Therapeutics for an upfront payment of approximately $1 billion. The total could increase significantly, however, if certain milestones are met. One of Verve's biggest gene therapies has already received the FDA's fast track designation.

5 reasons healthcare will withstand the onslaught of ‘occupational shift’

Lines of work that shed staff en masse during the COVID pandemic will probably continue shrinking between now and the end of the decade.

Lawmakers propose ‘gold card’ program that exempts physicians from prior authorization requirements

Experts said that radiologists, along with others who order imaging, stand to benefit from the bipartisan proposal.

Medicare spent upward of $3.8B on low-value imaging and cancer screenings in 1 year: MedPAC

“Imaging for nonspecific low back pain” was listed as the most frequently occurring low-value service, impacting upward of 9.3% of beneficiaries.

ACR estimates diagnostic radiology will face 4% Medicare cut, absent congressional action

The college issued a detailed breakdown of the 2024 MPFS, offering insight into the “complex” formula for how much the specialty stands to lose.

EHR nudge helps health system drop use of unnecessary lumbar X-rays by 53%

Researchers with NYC Health + Hospitals detailed their large-scale quality improvement project in the Journal of the American College of Radiology.

artificial intelligence money finance acquisition

RapidAI raises $75M in series C financing

The San Mateo, California-based startup said the money will help it tackle more diseases and add further functions to the company's platform.

American College of Radiology opposes focus of US House bill aimed at increasing imaging price transparency

Rep. Mike Carey introduced the Imaging Services Price Transparency Act July 25, hoping to better inform patients about services provided by the specialty.

More cardiology groups step forward with concerns about Medicare payment cuts

The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule.

Economics

AMA president warns prior authorization hurting patients, driving burnout and practice closures

Startup seeking to simplify medical imaging referrals raises $101M

Led by notable names in radiology, imaging AI firm HOPPR raises nearly $32M

Atraverse Medical raises $29M to support FDA-approved heart tech

Eli Lilly to acquire gene-editing specialists focused on CVD for up to $1.3B