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.

Proposed HHS budget would close NINR, cut nursing programs
The American Nurses Association is warning that eliminating support for the training and research offered by the National Institute of Nursing Research could be devastating to the public, as many programs support specialties such as maternal and mental health.
Family of heart patient who died awarded $45M after suing health system for negligence
The 55-year-old patient woke up experiencing chest pain one morning and an ambulance was called. He was dead just a few hours later. His family's lawsuit argued that delays in care, communication errors and other issues were directly responsible for his death.
Leaked HHS budget reveals 30% cuts, elimination of many core services
A proposal for the massive restructuring of the Department of Health and Human Services ends funding to programs associated with chronic disease management, lead safety, and Head Start. However, HHS is adding a new department to focus on understanding the cause of long-term illness.
RadNet leaders discuss rationale behind blockbuster $103M iCAD AI acquisition
RadNet provides 1.9M mammograms per year in the U.S., and adding iCAD’s installed customer base would boost the number of impacted exams to 10M.
Interventional radiologists ‘markedly’ increase billing for nonprocedural work, despite drop in overall doc count
"These findings underscore IR’s accelerating transition toward comprehensive patient care, with significant implications for training, practice management, and the specialty’s role within the broader healthcare landscape," experts write.

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Compensation rising for cardiology APPs as they get more involved in patient care

Advanced practice providers continue to play a significant role in cardiology, helping care teams overcome the challenges brought on by an ongoing physician shortage, declining reimbursements and an aging population.

Reimbursement update: What hospitals need to know about new Medicare payments for cardiac CT

CMS finalized a significant policy change when it increased the Medicare payments hospitals receive for performing CCTA exams. What, exactly, does the update mean for cardiologists, billing specialists and other hospital employees?

Healthcare systems set up at the ACC.24 career fair in hopes of filling open positions, including a large and growing number of general cardiologist positions. Photo by Dave Fornell #ACC24 #ACC2024

Healthcare, AI top list of fastest growing jobs

While artificial intelligence engineers and consultants took the top two spots, physical therapists and advanced practice providers also landed among the 25 fastest growing jobs in the U.S.

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Boston Scientific enters IVL arms race with acquisition worth up to $664M

Boston Scientific has agreed to acquire Bolt Medical, a California-based medical device company focused on developing new intravascular lithotripsy technologies. The news comes less than one year after Johnson & Johnson acquired IVL pioneers Shockwave Medical for $13 billion.

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Practice acquisition will create 1 of the largest teleradiology groups in the US

Phoenix-based OnRad Inc. is acquiring competitor Direct Radiology from Royal Philips for an undisclosed sum, seeking to bolster recruitment and pursue operational efficiencies.

US Radiology Specialists names 2nd new CEO in less than 1 year

Caitlin Zulla is taking over the Raleigh, North Carolina-based imaging group’s top post after previously serving as CEO of Optum Health’s East Region.

Radiology vendor Visage Imaging inks $19M deal with 1 of Midwest’s largest multispecialty groups

The seven-year agreement is with Illinois-based Duly Health and Care, which employs 1,000 physicians including 40 radiologists working across 150 locations.

$49B in medical debt to be erased from credit reports

A new final rule from the Consumer Financial Protection Bureau bans reporting agencies from including medical debts on credit reports or factoring them into credit scores.

Economics

Proposed HHS budget would close NINR, cut nursing programs

Family of heart patient who died awarded $45M after suing health system for negligence

Leaked HHS budget reveals 30% cuts, elimination of many core services

RadNet leaders discuss rationale behind blockbuster $103M iCAD AI acquisition

Interventional radiologists ‘markedly’ increase billing for nonprocedural work, despite drop in overall doc count