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.

Trump issues sweeping executive order to reduce drug prices
The “most favored nation” policy would reduce the cost of domestic pharmaceuticals to the levels paid in Europe. The executive order also has a sister bill proposed for Congress that would solidify the rule into law.
ASNC, ACC ask US government not to tariff radiopharmaceuticals
The two groups stressed that tariffs would likely impact patient care.
RadNet records rare decrease in imaging procedural volumes
This marks the first time since the pandemic of 2020 that RadNet has seen a same-center decrease in imaging use.
Senators introduce bipartisan bill to revive shelved imaging appropriate-use criteria program
Sens. Marsha Blackburn and Catherine Cortez Masto are proposing the Radiology Outpatient Ordering Transmission (ROOT) Act, which would eliminate real-time reporting requirements in AUC.
Private equity firm Stonepeak closing in on $1.9B purchase of radiology network
The New York investment group, which also owns Akumin, is reportedly "inches" from acquiring Australia's largest diagnostic imaging provider.

New York cardiologist sentenced to 20 months in prison, fined $100K for elaborate fraud scheme

The cardiologist was also ordered to pay more than $500,000 in restitution, according to an official statement from the U.S. Attorney's Office.

ACR implores radiologists to speak up as feds eye expanded lung cancer screening coverage

The Centers for Medicare & Medicaid Services is accepting feedback from the field through June 17.

Imaging advocates report progress addressing Medicare PET/CT payment problem

The Society of Nuclear Medicine & Molecular Imaging and American College of Radiology are fighting for expanded coverage of the exam.

Virginia health system sues competitor for $20M for allegedly blocking expansion, hiring away cardiologists

The issues between these two systems appears to go back several years.

Biopharma giant sinking more than $1B into drug-discovery AI startup

AI company Exscientia has received a vote of confidence approaching $1.2 billion in value from Bristol-Myers Squibb.

CMS exploring expanded coverage of low-dose CT lung cancer screening

Radiologists and surgeons have urged the agency to update imaging payment parameters to match the USPSTF's recent recommendations.

From the Googleplex comes a free AI tool for skin diagnostics

Google Health is launching a free app that uses AI trained on more than 16,000 clinical dermatology cases and can identify hundreds of skin conditions, including cancers, with accuracy comparable to that of board-certified dermatologists in the U.S.

46% of radiologists lost income in 2020, with some worried pay may never return to pre-COVID levels

The majority of self-employed physicians in imaging (51%) said they believe that 1%-25% of the drop in patient volume during the pandemic is permanent, according to new survey data.

Economics

Trump issues sweeping executive order to reduce drug prices

ASNC, ACC ask US government not to tariff radiopharmaceuticals

RadNet records rare decrease in imaging procedural volumes

Senators introduce bipartisan bill to revive shelved imaging appropriate-use criteria program

Private equity firm Stonepeak closing in on $1.9B purchase of radiology network