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.

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Former Google company Verily raises $1B

Verily, a life science company that was formerly a division of Google X, has raised $1 billion in a funding round led by Alphabet, parent company to Google.

RBMA presses CMS to amend 2023 physician fee schedule

Warning that proposed new cuts in Medicare reimbursement could afflict U.S. healthcare with “severe and permanent damage,” the Radiology Business Management Association has presented CMS with detailed recommendations for stopping such a dire scenario from arising.

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Outsourcing reporting during out-of-hours shifts benefits staff, but is it sustainable?

Requests for urgent CT reads during the evening, overnight and on the weekends have increased more than 10-fold, causing a negative ripple effect throughout the radiology workforce, especially among trainees. 

Down Under, imaging referrers respond to government-issued overutilization notices

Upon receiving a just-the-facts letter from a federal health official, Australia’s most frequent referrers for musculoskeletal imaging significantly curbed their inclination to place these orders over the next 12 months.

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Survey says: The top 5 investment areas for C-suite health leaders in 2022

A new survey of 40 health industry executives shows that digital transformation and staffing challenges top the list of C-suite priorities for the year ahead. 

M&A mergers and acquisitions business deal

CVS enters $8B agreement to acquire Signify Health

The companies expect to close the agreement—which is subject to investor and regulator approval—in the first half of 2023.  

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VIDEO: Where are we with AI adoption in radiology?

Bibb Allen, MD, FACR, chief medical officer of the American College of Radiology (ACR) Data Science Institute, discusses multiple factors involved in the adoption rate of artificial intelligence in radiology.
 

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Contrast shortage prompts experts to contemplate future supply issues

A new article published by the Radiological Society of North America shares valuable commentary from experts in the field regarding how the medical industry can prepare for supply shortages in the future.