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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Low-value care less common in MA compared to traditional Medicare

As Medicare Advantage (MA) eclipses more and more of the Medicare market, it is critical to understand how MA plans are able to save costs and provide quality care to recipients.

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Cardiologist compensation hits $622K, up 32% from 10 years ago

According to a new analysis from MedAxiom, an American College of Cardiology company, cardiologist compensation has nearly returned to where it was before the COVID-19 pandemic. The detailed report also examined new patient visits, cardiac imaging utilization and much more. 

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Specially trained radiographers spot breast cancer at rates comparable to radiologists

Radiographers trained to recognize certain findings on screening mammograms could help address the worldwide shortage of radiologists. 

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New analysis reveals enormous variations in prostate MRI pricing

A total of 37,073 MRI examinations conducted at 552 facilities across the U.S. between January 2010 and March 2020 were included in the analysis.

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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.