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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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.

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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.

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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.

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Radiology groups bristle at notion that providers cannot safely perform PET imaging in office setting

Imaging advocates want Medicare payment codes to reflect cost differences for performing varying types of exams, such as PET with and without CT. 

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American College of Radiology's top 3 priorities for its upcoming day on Capitol Hill

The imaging advocate provided draft documents and other resources for its more than 350 members expected to meet with Congressional leaders on Wednesday.

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Cardiologists support bipartisan prior authorization bill, praising its ‘transparency’ and ‘oversight’

The ACC is enthusiastically backing the bipartisan legislation, saying it would improve care for the country's cardiovascular patients.