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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Radiologist reaches settlement with hospital system he claimed fired him for requesting remote work

Richard Heiden, MD, has a compromised immune system and had asked NYC Health and Hospitals to reassign him to teleradiology duties after the COVID-19 pandemic hit. 

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New data highlight ‘massive gap’ between what Medicare, Medicaid pay for diagnostic imaging

The chasm between the two public payment programs has continued to grow since 2012, the Neiman Health Policy Institute reported recently. 

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Nearing a ‘breaking point’: Cardiologists support legislation designed to mitigate Medicare cuts to office-based services

These latest cuts could be a "breaking point" for physicians, according to a new letter to lawmakers. 

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Walmart is raising wages for thousands of its healthcare workers

The retail giant recently announced plans to invest in its pharmacists and opticians. 

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Layoffs up 287% in first 5 months of 2023; healthcare sector not immune

Healthcare companies, including manufacturers that produce health products, announced a total of 33,085 layoffs in the first five months of 2023—an 81% increase compared to the same time frame in 2022.

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ACR ‘concerned’ some commercial insurers are requiring cost-sharing for USPSTF-endorsed services

The issue surfaced after a Texas district court judge declared a key Affordable Care Act provision unconstitutional in March.

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CMS announces coverage decision for new Alzheimer's drugs

The agency indicated that, in order for such drugs to be covered, patients with Medicare Part B must be enrolled in registries that collect real-world data on the treatment’s effectiveness. 

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Radiologists support bipartisan bill to mitigate Medicare cuts tied to clinical labor costs

H.R. 3674 would provide a pay boost for procedures performed in office settings that require high-tech devices.