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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Salary update: Cardiologist compensation climbs to $507K per year, though many feel it is too low

Cardiology came in at No. 3 among all healthcare specialties, trailing only plastic surgery ($619,000) and orthopedics ($573,000).

insurance payer payment insurer

Envision Healthcare signs deal to keep its radiologists in-network with key insurer

The private equity-backed multispecialty group said Thursday that the pact will grant commercial and Medicare Advantage beneficiaries continued access to its physicians.

St. Luke's GE Healthcare Scanner

GE Healthcare signs $30M CT deal, 1 of largest in health system’s 150-year history

St. Luke’s University Health Network is ordering 21 cutting-edge scanners coupled with a subscription for ongoing software and AI updates. 

Medtronic acquires insulin patch manufacturer for $738M

The deal represents a significant step forward for Medtronic's diabetes portfolio.

Two examples of PSMA-PET scans showing numerous prostate cancer metastases spread throughout the body. Many of these smaller tumors would not have been dected on previous standard-of-care imaging. Photo on left courtesy of SNMMI, right University of Chicago. #PSMAPET

PSMA-PET a more cost-effective option for patients long-term compared to standard prostate imaging

The findings support adopting F-18 DCFPyL PET/CT as the standard of care for prostate cancer staging, authors of a new Scientific Reports paper concluded.

Siemens headquarters

Siemens teams with hospital giant CommonSpirit to acquire imaging vendor in ‘first of its kind’ deal

“Healthcare providers and industry need to work together to solve our common challenges," the president of Siemens Medical Solutions USA said.

Average radiologist pay has leapt nearly 38% since 2015

Members of the specialty have seen their compensation climb from $351K to $483K, according to the latest data from Medscape. 

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Investors pour $5B into imaging AI, with average deal size tripling since 2020

There are now more than 200 independent medical imaging AI software vendors, with 73% of the funds concentrated among the top 25.