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.

Telehealth claims surged in 2020

Telehealth claim lines rose 2,817% from December 2019 to December 2020, according to a new report that revealed how the COVID-19 pandemic has changed how healthcare is delivered and consumed.

AI imaging interpreter gains FDA’s OK for prostate care

The FDA has cleared an AI tool that helps radiologists diagnose or rule out prostate cancer on MRI scans.

venture capital corporate suit business corporatization

Weighing whether to work for a venture capital-backed radiology practice

Corporate employment can offer physicians or doc groups benefits such as eliminating administrative and back-office concerns, but also headaches. 

Patients drive past lower-cost MRI options even after price shopping

The average person passed up six places offering cheaper scans compared to where they ultimately received treatment, but experts say providers and insurers are partially to blame.

Physician practices suffered at the start of the pandemic

Physician spending fell 57% below pre-pandemic levels in April 2020, according to a new report from the American Medical Association that reveals changes in the Medicare program during the first six months of 2020.

money maze payment reimbursement

Check please! AI expansion in radiology hinges on healthcare’s value proposition

Just last year CMS began reimbursing providers for using two algorithms, but experts say the current payment pathways may not entice private groups to follow the government's lead.

Nanox

Nanox in direct contact with FDA reviewers as startup negotiates approval of novel imaging system

The Israel-based firm has been working for months to gain clearance for technology it believes will disrupt radiology with a fresh take on legacy X-ray scans. 

COVID lockdown reopening

Hospital changes operating structure, name of imaging center to reduce patient rates

Hastings Medical Imaging formerly functioned as a hospital department but will now act independently, allowing leaders to adjust costs.