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.

artificial intelligence regulation legislation

Renewed optimism that radiologist-supported bill to ease prior authorization could pass by year’s end

The bipartisan bill would simplify how payers process utilization requests in Medicare Advantage and is supported by 500 healthcare organizations and 200-plus lawmakers.

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Academic radiologists earn less than peers in the specialty, but the gap is closing

Docs in private practice earn median total compensation about 27% higher than academics in DR and 32% for IRs. 

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Radiology AI firm Mediaire raises nearly $12.7M in financing

Founded in 2018, the German firm offers a suite of solutions to assist radiologists with interpreting MR images of the brain, prostate and knees. 

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Cardinal Health scoops up two companies for $3.9B

Cardinal Health is buying Advanced Diabetes Supply Group and a majority stake in GI Alliance, expanding its broad patient services portfolio. 

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UnitedHealth defends $3.3B Amedisys acquisition

UnitedHealth subsidiary Optum is turning to the court of public opinion to defend the merger. 

doctor in handcuffs after being arrested

Cardiologist receives 35 months in prison for health insurance fraud

Fazal Panezai, MD, faced up to 10 years in prison for coordinating a years-long fraud scheme from 2017 to 2022. His New Jersey medical license has already been permanently revoked.

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DOJ sues to block UnitedHealth’s $3.3B acquisition of home health giant

The DOJ met with UnitedHealth execs in an attempt to resolve antitrust concerns out of court, but those talks stalled, a report claims. 

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Radiologists and other physicians want greater scrutiny around hospitals’ nonprofit status

Docs at the AMA’s Interim Meeting in Orlando, Florida, have voted to support greater oversight of nonprofit hospitals and to standardize charity care policies.