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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CPT code blunders cost one radiology practice more than $20K per month, new analysis shows

Lags in education and coordination along the reporting chain, among other issues, contributed to the nearly 17-month delay in implementing accurate coding measures, Duke University experts reported.

Wrist-based early alert for COVID cleared for sale in Europe

An MIT spinoff based in Boston and Milan in Italy has earned CE certification for software that flags respiratory infection in wearers of the company’s smartwatch devices.

Nanox

Nanox ramping up construction of fabrication plant amid increased demand for imaging system

The Israel-based startup is spending about $40 million on the facility, which it hopes to have up and running in the first quarter of 2022, officials said Wednesday. 

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Healthcare consolidation deserves stronger antitrust examination

More consolidation across the healthcare sector is on the horizon thanks in part to the COVID-19 pandemic, according to an opinion by Commonwealth Fund leaders published in Harvard Business Review.

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Philips partners with OpenDoctor to offer radiology patient self-scheduling, plus more vendor news

Also, FDA clears Siemens' new PET/CT scanner, Varian CEO stepping down, and vRad scores its 23rd patent. 

Portable MRI enhanced by AI cleared for prostate imaging

A manufacturer of compact MRI machines that leverage AI to upgrade image quality has received FDA’s blessing to market its technology in the U.S.

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RadNet logs ‘record’ fourth quarter, buoyed by 3D mammo expansion, improved reimbursement

The Los Angeles-based operator has revised its investor guidance for 2021 to account for the rosier picture amid lifting COVID restrictions. 

COVID crisis burnishes AI’s promise while magnifying chinks in its armor

The COVID crisis has spurred clinical researchers to look myriad ways AI might help win the war against the virus. Has the investigatory boomlet ended up raising as many nettlesome concerns as positive possibilities?