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.

FDA going soft on AI reviews?

Last Tuesday the FDA posted an action plan telling how it will evaluate AI for medical applications going forward. Three days later the agency officially proposed letting numerous products through without review. 

lung cancer

Hybrid lung cancer screening program could save Medicare millions in follow-up spending

Combining the Lung CT Screening Reporting and Data System with AI-based malignancy risk scoring bolstered exam specificity up to 96%, compared to 66% when using Lung-RADS alone.

Montefiore

UnitedHealthcare cuts noted academic system out of network, citing imaging costs 2-3 times local average

An ultrasound exam at Montefiore, for instance, runs roughly $800 more than the average in New York City, while a CT is $2,200 more expensive and an MRI $4,000 pricier, UHC claimed. 

Thumbnail

Nearly 76% of med students graduate with debt: Why radiology residency should include financial training

Medical school and residency coursework should cover everything from investing and the effects of compound interest to contract negotiation and retirement planning, authors wrote in a new editorial.

financial graph downturn drop dip

CMS has significantly cut interventional radiology reimbursement over the past decade

Out of 20 common IR procedures included in the analysis, only one experienced a pay increase between 2012 and 2020, researched found. 

Thumbnail

Two more big-name players in radiology services reportedly exploring sales

On the heels of Mednax selling its imaging business line to Rad Partners, SimonMed and LucidHealth are also allegedly entertaining offers, according to a recently published report. 

Only 1 healthcare-specific AI startup makes a Forbes top 25

After perusing info on AI startups as compiled by Crunchbase, Forbes senior contributor Louis Columbus has named one “to watch” in 2021 that serves exclusively healthcare.

FDA refines its approach to AI-based software

The FDA’s new Digital Health Center of Excellence has released a document describing how it will henceforth oversee and evaluate software that incorporates AI and machine learning for medical applications.