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.

Doc groups say payer promises not enough to address care denials
MGMA and others who are part of the “Regulatory Relief Coalition” are urging Congress to continue pushing forward with the Improving Seniors’ Timely Access to Care Act.
Provider pay increased by 4.9% across specialties in 2024, survey finds
A survey from the American Medical Group Association found that physicians and advanced care providers are making more money when compared to hours worked. However, the complications of inflation and the rising cost of care could eat into gains.
PFA market heats up as medtech companies announce new investments
While Kardium raised $250 million in an oversubscribed funding round, Field Medical raised $35 million. Both companies are focused on designing and developing new pulsed field ablation technologies to help treat challenging arrhythmias.
Senate bounces spending bill back to House with 2.5% Medicare rad pay fix
In addition, there are no restrictions on pass-through entity taxes (PTET), which “benefits independent physician practices,” one expert notes.
Radiology Partners touts recent $2.3B debt refinance, placing practice on ‘strong trajectory’
“This refinancing reflects both strong financial performance and the confidence investors and lenders have in RP’s business model," CEO Rich Whitney says.

Providers still making more despite flat productivity

Judging by work RVUs, U.S. physicians and other clinicians are getting decent raises every year without lifting their billable productivity enough to pay for it, AMGA’s latest survey suggests.

Google Cloud inks deal to help U.S. military improve cancer care with AI, augmented reality solutions

The new project includes, among other things, key detection models and augmented reality microscopes.

RadNet boosts revolving credit line by $57.5M as leaders eye avenues for further growth

With the amendment, the Los Angeles-based imaging firm now has $195M at its disposal, along with $84.5M more in cash.

Mednax affiliate Synergy Radiology inks deal to expand breast imaging at Houston hospital giant

The agreement covers seven additional outpatient imaging and breast care centers, Memorial Hermann and the Texas physician practice announced.

Philips to acquire interventional device firm Intact Vascular for more than $275M

Around since 2011 and based in Wayne, Pennsylvania, the company specializes in treating peripheral artery disease.

TeraRecon Launches Intuition Subscription with Included Eureka AI Platform

TeraRecon

TeraRecon launches new Intuition Titanium suite, a new inclusive subscription offering that includes a robust set of enterprise AI capabilities.

CMS needs another year to work on anticipated changes to the physician self-referral rule

The agency was originally slated to release the final rule this summer, however, officials have postponed the process until August 2021.

Getting acquired by private equity bolsters hospitals’ bottom line, quality status

Comparing the financials of more than 200 private equity-acquired hospitals with those of more than 500 matched controls, Harvard researchers have found Big Money’s backing translates into bigger income.

Economics

Doc groups say payer promises not enough to address care denials

Provider pay increased by 4.9% across specialties in 2024, survey finds

PFA market heats up as medtech companies announce new investments

Senate bounces spending bill back to House with 2.5% Medicare rad pay fix

Radiology Partners touts recent $2.3B debt refinance, placing practice on ‘strong trajectory’