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.

Venture capital investors have poured over $11B into radiology since 2000
The most funded categories across the specialty included medical devices ($3.2B), AI software ($2.5B), and biotechnology ($2.1B).
Lumexa Imaging no longer controlled by private equity following IPO
“We view this as meaningfully credit positive for its financial policy because private equity investors tend to favor high leverage to enhance their returns,” S&P notes.
Interventional radiology group inks 3 more urology practice partnerships across 3 states
IR Centers, a platform company dedicated to offering minimally invasive procedures in diverse outpatient settings, is teaming with doc groups in Alabama, Texas and Virginia.
California leads coalition of 20 states suing Trump over $100K H-1B visa policy
The plaintiffs argue that the administration has overstepped its authority, and that only Congress can levy such hefty fees. As noted in the lawsuit, healthcare relies on skilled labor immigration to bring doctors, nurses and researchers into the country.
Philips to acquire AI-enabled intravascular imaging specialists SpectraWAVE
Massachusetts-based SpectraWAVE has gained considerable momentum in recent years, planting its flag in some of cardiology’s biggest trends. The company was co-founded by cardiologists and has already secured multiple FDA clearances.

healthcare value value-based care money dollar

Abbott awards $2.6M to American Diabetes Association for CGM research

The three-year grant will help the ADA fund two pilot programs and engage with healthcare professionals and other industry leaders.

Syringeless contrast media injectors like the GE Ulrich CT Motion have gained a lot of interest in 2022 because of the iodine contrast shortage. These systems use rollers to squeeze precise amounts of contrast from a large bolus container for multiple patients, helping conserve a significant amount of contrast.

Multi-use syringeless injectors could completely eliminate contrast waste

Such products could increase departmental efficiency and advance environmental initiatives in radiology, experts claimed in Academic Radiology.

Physician-owned hospitals charge less for imaging than their counterparts

The finding comes as lobbying groups urge Congress to repeal an ongoing moratorium on doc hospital ownership

MRI product developer raises $30M in series A financing, plus more vendor fundraising news

Other imaging-related startup companies recently raising $4.9M or more include Altis Labs, BrainTale, Leadoptik and Hypervision Surgical.

Fitch Ratings adds Radiology Partners to list of top companies at risk of a debt default

Meanwhile, the agency has removed radiology provider Envision Healthcare from the same list following its recent bankruptcy filing.

S&P upgrades RadNet’s credit rating, citing ‘disciplined financial policy and growth agenda’

The boost comes after the Los Angeles-based imaging center chain recently closed a $259M public stock offering, with a sizable chunk earmarked for expansion initiatives.

Private equity-backed cardiology group continues busy year with acquisition of Florida practice

Cardiovascular Associates of America, which has already had an eventful 2023, announced a new acquisition that helps expand its footprint in the Sunshine State.

Radiologist developing $250M medical campus that includes spot for his imaging group

John Tentinger, MD, said he has been working on the deal for about a decade, purchasing the 25-acre piece of land for $5.5M.

Economics

Venture capital investors have poured over $11B into radiology since 2000

Lumexa Imaging no longer controlled by private equity following IPO

Interventional radiology group inks 3 more urology practice partnerships across 3 states

California leads coalition of 20 states suing Trump over $100K H-1B visa policy

Philips to acquire AI-enabled intravascular imaging specialists SpectraWAVE