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.

AMA survey: Prior authorization causes many patients to abandon care, raises healthcare costs

Prior authorization is frustrating to clinicians, but a new survey from the American Medical Association shows it also frustrates patients to the point of abandoning care. The survey showed many more insights regarding PA impact on care.

Dana H. Smetherman, MD, MPH, MBA, FACR, the new CEO of the American College of Radiology (ACR), explains some of the hot button issues in radiology and advocacy efforts led by the ACR.

New ACR CEO outlines key concerns for radiology

Dana Smetherman, MD, MBA, explains some of the hot button issues in imaging and key advocacy efforts being undertaken by the college. 

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Cardiologist files lawsuit over salary—says she earns 37% less than male colleague she trained

A veteran cardiologist in Boston has filed a new lawsuit that claims she is earning a much lower salary than a less experienced male colleague. She believes this violates the Massachusetts Equal Pay Act.

Image depicting gap between genders in pay

Certain radiologists earn $75,000 (or 15%) less than peers in same role: Why the difference?

In a new Academic Radiology study, researchers explore how "intersectionality" impacts compensation among imaging staffers. 

venture capital corporate suit business corporatization

Members of Congress introduce bill to rein in private equity ownership of physician practices

"Private equity firms and greedy corporate executives are using the healthcare system as a piggybank,” said Sen. Edward J. Markey, D-Mass. 

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State suspends radiologist CEO’s medical license after multiple alleged misreads

“Every radiologist should have grave concerns about this ruling and think twice about practicing in the state," The Medical Group's Anand P. Lalaji, MD, said Monday. 

Long Horn Imaging

Longhorn Imaging partners with AI startup to add full-body MRI at 12 locations

This marks the 12th metro area launch for New York-based Ezra, with the Austin area its “most requested city to date.” 

Dana H. Smetherman, MD, MPH, MBA, FACR, the new CEO of the American College of Radiology (ACR), explains with the ongoing 2024 election, it is very unlikely there will be any serious reform to the Medicare payment system this year. She said further Medicare cuts set for 2025 also further threaten patient access to care.

Meaningful Medicare reform unlikely in 2024

New American College of Radiology CEO Dana Smetherman, MD, discusses the impact of reimbursement cuts, issues with staffing costs and prior authorization.