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.

NIH-led COVID research effort taps AI startup schooled in synthetic health data

The NIH, FDA and Bill and Melinda Gates Foundation are working with a San Francisco startup whose calling card is an AI-enabled engine that renders patient data unidentifiable by reproducing it in synthetic versions.

M&A mergers and acquisitions business deal

Philips acquiring data-capture and device-integration firm Capsule Technologies for $635M

Based in Andover, Massachusetts, the company helps hospitals and other healthcare organizations connect devices and EHRs through its vendor-neutral system. 

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. 

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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. 

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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.

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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. 

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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.