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.

2 imaging AI vendors teaming up to present 1 point of sale

A healthcare AI platform supplier headquartered in Scotland is collaborating on marketing with a San Francisco-based AI startup co-founded and -led by a radiologist.

The ASNC is one of several medical imaging societies asking Congress to repeal the appropriate use criteria (AUC) criteria mandate. They say it poses issues for clinicians and is becoming outdated by changes in CMS payment systems. The AUC requirements call for documentation using CVMS authorized software in order to show advanced imaging such as nuclear and CT is justified, or else Medicare payments might be withheld.

VIDEO: AMA will ask Congress to revise clinical decision support mandate for cardiac imaging

American Society of Nuclear Cardiology (ASNC) delegates to the American Medical Association (AMA) House of Delegates 2022 meeting Stephen Bloom, MD, and Nishant Shah, MD, explain a new AMA policy asking Congress to revise its clinician decision support mandate. 

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Mark Cuban’s generic drug prices could save Medicare $3.6B

Researchers from Brigham and Women's Hospital and Harvard Medical School compared 89 generic drugs sold by Mark Cuban Cost Plus Drug Company (MCCPDC) to what Medicare paid for the same drugs in 2020.

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UnitedHealth Group to acquire UK tech company for $1.5B

The all-cash deal follow's UnitedHealth Group's recent acquisition of LHC Group for $5.4 billion.

Medicare money payment physician

Have radiologists' salaries kept up with their workloads? New survey offers detailed insight

Unique to radiologists is that their workloads have not yet declined to the pre-pandemic levels seen in 2019 like other specialties have started to witness.

Radiologist pay, productivity jostled by pandemic recovery, CMS coding changes

Diagnostic radiology saw its median compensation rise just 1.6% from 2020 to 2021. On the other hand, interventional radiology enjoyed a 9.9% raise. 

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The benefits of preoperative prostate MRI are clear, so why isn't every man getting one?

Preoperative MRI use increased substantially from 2003 to 2016—from 2.9% to 28.2% to be exact—but the modality remained underutilized in certain regions and among specific populations in the United States.

AMA declares climate change a public health crisis

The AMA says there will be numerous major public health impacts if global temperatures continue to rise, adopting three new policies to address this ongoing trend.