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.

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.

Thumbnail

3 ways to improve healthcare administration and lower costs

Cutting down on administrative costs in the U.S. healthcare industry has become a major focus over the last several years, with billions of dollars in savings to be had from automation and centralizing claims records.

Thumbnail

Cigna urges court to toss radiology provider's lawsuit over $400K in COVID-19 services

The nation's fourth largest commercial insurer says Open MRI and Imaging has failed to provide key information needed to back up its claims, according to a recent report.

Thumbnail

Walmart may be scaling back ambitious plans to expand into imaging and other healthcare services

The Arkansas-based retail giant had hoped to open 4,000 clinics by 2029, offering x-rays and diagnostics, but appears to be pumping the brakes.

Cigna

Cigna reverses course, expands hospital-based imaging access to pediatric patients

The American College of Radiology and Society of Pediatric Radiology both said the move will have a positive impact on the quality and safety of care.

2021 road ahead

From volume ups and downs to site-neutral payment, 2021’s top 11 radiology trends to watch

Alliance Healthcare Radiology recently detailed its biggest developments to follow in the specialty, covering mobile imaging, partnerships, AI and workplace culture. 

Thumbnail

Working group debuts standard for AI in healthcare trustworthiness

Several issues with AI can “make people suspicious” of the technology when applied to healthcare, according to the Consumer Technology Association.

 

Thumbnail

Hospitals face long recovery from COVID-19 financial hits

Hospitals and health systems are facing an uphill battle for the foreseeable future when it comes to getting their finances back on track from the COVID-19 pandemic, according to new findings from Kaufman Hall.