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.

New York cardiologist headed to prison—DOJ says he paid for referrals, performed unneeded procedures
"Today’s sentence sends a deterrent message to doctors and the healthcare industry," according to a DOJ statement. "If you abuse patient trust for profit, you will face justice."
Hospital system no longer accepting radiology patients with out-of-network health plans
Summa Health said the change will take effect Sept. 1, with the two-hospital network ceasing scheduling of appointments for this consumer segment
Radiology provider Akumin touts launch of its first movable PET/CT imaging centers
The Plantation, Florida, company first announced the initiative at RSNA 2024, offering clients new “relocatable and expandable” centers to be deployed across the U.S.
Private equity-backed Solis Mammography opens 3 new locations
The breast imaging group is launching two locations in Texas and marking its first foray into the Raleigh metro area, with more on the way in North Carolina.
Imaging-guided surgery startup Method AI raises $20M in Series A financing
Founded in 2021 as a spinoff of the Cleveland Clinic, its platform leverages continuous 3D ultrasound and AI-generated surgical plans to guide robotic-assisted procedures.

Outpatient imaging provider Akumin partnering with Philips to tackle radiology pain points

Akumin will deploy Philips' new workflow technology across its freestanding imaging center enterprise, which currently includes 134 locations, the pair said.

Judge rules radiology resident’s firing wasn’t racially motivated, reversing jury’s $2.75M decision

Florida Circuit Judge Kevin Weiss on Friday said AdventHealth provided legitimate and non-discriminatory reasons for firing the early-career provider.

Radiology malpractice cases most often involve cancer-related diagnostic errors

While just under 4% of all imaging is oncologic, about 44% of radiologic cases involving a disputed diagnosis are related to the deadly disease, experts explained in JACR.

Radiology 3rd among specialties with heaviest prior authorization burden

"This study shows what many radiologists probably already expect: That private insurers have instituted broad prior authorization policies," one expert told Radiology Business.

Interventional cardiologists back prior authorization bill, call current policies ‘costly' and ‘time consuming’

The Society for Cardiovascular Angiography and Interventions is the latest industry organization to show its support of the new legislation.

Insurance giant Aetna expands coverage for annual low-dose CT lung cancer screening: ‘Lifesaving’

The American College of Radiology had urged the Hartford, Connecticut-based company to revise its payment policy to match new USPSTF guidelines.

COVID-19 congress coronavirus Washington

Fresh off her Senate confirmation, imaging group asks new CMS chief for help in post-COVID recovery

MITA addressed a 9-page letter to Chiquita Brooks-LaSure, following her recent confirmation as the first Black woman to lead the trillion-dollar agency.

Radiologist launching nationwide chain of outpatient centers with shadow investor’s $125M backing

Joel Rainwater, MD, just opened his flagship location in Gilbert, Arizona, housed in a 15,000-square-foot former Walmart Neighborhood Store.

Economics

New York cardiologist headed to prison—DOJ says he paid for referrals, performed unneeded procedures

Hospital system no longer accepting radiology patients with out-of-network health plans

Radiology provider Akumin touts launch of its first movable PET/CT imaging centers

Private equity-backed Solis Mammography opens 3 new locations

Imaging-guided surgery startup Method AI raises $20M in Series A financing