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.

Johnson & Johnson MedTech faces threat of permanent injunction after losing antitrust case
After being ordered to pay $442 million in damages—a ruling the company has said it may appeal—Johnson & Johnson MedTech is now facing the possibility of a permanent injunction that could impact certain business practices. A hearing is scheduled for July.
American College of Radiology joins legal fight against NIH cuts
ACR joined 10 medical societies filing a “friend of the court” brief in an ongoing lawsuit against the National Institutes of Health, HHS and their leaders.
Eliminating extra fee for 3D mammography bolsters utilization, though disparities persist
Experts believe this new research offers important insights as practices adopt artificial intelligence in breast imaging, often with an extra out-of-pocket fee.
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.

Kaiser Permanente nurses approve 22.5% wage hike

A Northern California nurses union has approved their new employment deal with Kaiser Permanente after negotiating a 22.5% wage increase.

Ed Gaines, JD, CCP, vice president of regulatory affairs and industry liaison, Zotec Partners, discusses the No Surprises Act on radiology at the Radiological Society of North America (RSNA) 2022 meeting. Gaines works with RSNA on billing and Medicare issues and spoke in sessions at the RSNA 2022 meeting. Insurance companies have weaponized the No Surprises Act in an effort to cut their costs, he said.

VIDEO: Insurance companies have weaponized the No Surprises Act, may impact patient care

Ed Gaines, JD, CCP, vice president of regulatory affairs and industry liaison, Zotec Partners, discusses the impact of the No Surprises Act on healthcare and medical imaging at the RSNA 2022 meeting

GE Healthcare program recycles departments' leftover iodinated contrast for future use

In 2006, the company started an iodine recycling program for imaging departments that had leftover contrast that would go to waste at the end of the day if left unused. That program expanded into the U.S. and Canada in 2021.

Bucking the trend: Some hospitals achieving higher margins than before the pandemic

Their financial results are in stark opposition to several dismal reports about hospitals’ operating environments.

What do Google and Amazon really want from medical imaging?

Big Tech’s recent expansions into medical imaging have business watchers scrambling to decipher the unspoken stratagems beneath the conspicuous moves.

MetroHealth names new CEO as previous leader fights back with lawsuit

MetroHealth has named Airica Steed, EdD, MBA, RN, as its next CEO and president, effective Jan. 1, 2023.

Cleveland Clinic posts big losses for 2022 amid challenging operating environment

Cleveland Clinic has reported huge losses for the first three quarters of 2022, and the health system’s financial woes underscore the dire financial realities across the industry.

High copays keep many heart failure patients from filling needed prescriptions

Researchers examined data from more than 900 patients, presenting their findings in the Journal of the American Heart Association.

Economics

Johnson & Johnson MedTech faces threat of permanent injunction after losing antitrust case

American College of Radiology joins legal fight against NIH cuts

Eliminating extra fee for 3D mammography bolsters utilization, though disparities persist

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

Startup seeking to simplify medical imaging referrals raises $101M