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.

Industry groups agree MedPAC’s inflationary update is not enough

The Medicare Payment Advisory Commission (MedPAC) wants to tie physician payments to inflation. Healthcare groups say it doesn't go far enough

The American Medical Association (AMA) has declared climate change as a major healthcare emergency. Sunrises and sunsets have become increasingly red in recent years with additional particulate matter in the atmosphere from larger, massive wild fires. Photo by Dave Fornell

Bringing back the sabbatical: Radiologists offer 4 tips on how to make it happen

Two academic radiologists recently shared their experiences with taking extended time away from work in the hope that their story would encourage others to do the same. 

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Most US adults with medical debt owe hospitals

A significant portion of U.S. adults have some past-due medical debt, according to a recent study from the Urban Institute, and the majority of those with debt owe non-profit hospitals.

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AMA pressures federal government to fix prior authorization problem plaguing radiology

About 89% of physicians surveyed believe that this payer tactic has had a negative impact on care, the association reported Monday. 

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New Radiology study offers key clues as to where practices should prioritize expansion plans

Individuals living in "extremely disadvantaged" ZIP codes are less likely to have access to accredited imaging facilities. 

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Insurer-owned hospital system has invested $400M to bolster radiology services in recent years

Highmark Health's latest effort will spend another $12 million to build a new 8,000 square-foot imaging center in western Pennsylvania. 

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Radiology societies ‘extremely disheartened’ over elimination of Medicare coverage for key procedure

Radiologists and pain management specialists are urging CMS to reconsider the decision and maintain access to this alternative to opioids or surgery. 

FDA seeking upwards of $7B for 2024

The Food and Drug Administration has put in for a $7.2 billion chunk of the $6.9 trillion federal budget for fiscal year 2024 that President Joe Biden proposed March 9.