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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Defunct diagnostic imaging center chain files for bankruptcy, citing $32M in liabilities

At its peak, Philadelphia-based National Medical Imaging operated 23 outpatient radiology screening centers with $72 million in annual revenue. 

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Industry lobbyists urge lawmakers to include imaging tech in national stockpile: 5 recommendations for the next pandemic

MITA points out that medical imaging has been "invaluable" during the COVID-19 crisis, and wants federal officials to ensure radiology is at the forefront when planning for future health emergencies.

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Senate bill would officially codify price transparency in radiology, other hospital services

Led by Sen. Chuck Grassley, R-Iowa, their PRICE Transparency Act comes after a judge recently struck down an industry challenge to the new rule, set to take effect in January 2021. 

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CMS kick-starting new radiology prior-authorization policies on July 1, imaging advocates warn

The agency said it hopes to control unnecessary increases in the volume of certain imaging-based services, while also protecting the Medicare Trust Fund from improper payments. 

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Physician specialist shortage—including radiologists—could climb to almost 42,000 by 2033

Across all types of doctors, this shortfall may reach as high as 139,000, the Association of American Medical Colleges reported in its sixth annual analysis of staffing trends. 

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AHA condemns Trump administration’s latest attack on ACA

The American Heart Association noted that the Affordable Care Act has provided “invaluable patient protections for millions of Americans with pre-existing conditions.”

AI calibrates drug advertising for stronger sales, better outcomes

A healthcare AI startup has introduced software that will let drugmakers market their wares directly to individual consumers without uncovering anyone’s actual identity.

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USPSTF reaffirms recommendation for hypertension screening among adults

The U.S. Preventive Services Task Force has reaffirmed its recommendation that all adults undergo hypertension screening, calling it “a major contributing risk factor to heart failure, heart attack, stroke and chronic kidney disease.”