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.

Proposed HHS budget would close NINR, cut nursing programs
The American Nurses Association is warning that eliminating support for the training and research offered by the National Institute of Nursing Research could be devastating to the public, as many programs support specialties such as maternal and mental health.
Family of heart patient who died awarded $45M after suing health system for negligence
The 55-year-old patient woke up experiencing chest pain one morning and an ambulance was called. He was dead just a few hours later. His family's lawsuit argued that delays in care, communication errors and other issues were directly responsible for his death.
Leaked HHS budget reveals 30% cuts, elimination of many core services
A proposal for the massive restructuring of the Department of Health and Human Services ends funding to programs associated with chronic disease management, lead safety, and Head Start. However, HHS is adding a new department to focus on understanding the cause of long-term illness.
RadNet leaders discuss rationale behind blockbuster $103M iCAD AI acquisition
RadNet provides 1.9M mammograms per year in the U.S., and adding iCAD’s installed customer base would boost the number of impacted exams to 10M.
Interventional radiologists ‘markedly’ increase billing for nonprocedural work, despite drop in overall doc count
"These findings underscore IR’s accelerating transition toward comprehensive patient care, with significant implications for training, practice management, and the specialty’s role within the broader healthcare landscape," experts write.

Mistrust in the workplace increases employees’ odds of CVD

Employees who work in what they consider a closed-off and untrusting environment are more likely to develop CVD risk factors like elevated blood pressure, high cholesterol and diabetes than those who feel their bosses support them, according to a study published in the International Journal of Environmental Research and Public Health.

Radiologic technologists’ salaries are rising

The average salary of a radiologic technologist jumped by 5.3% over the past three years, according to figures released by the American Society of Radiologic Technologists (ASRT).

Fujifilm opens doors to new Lexington facility during ribbon-cutting ceremony

FUJIFILM Medical Systems U.S.A. and FUJIFILM New Development U.S.A. unveiled their new company headquarters in Lexington, Massachusetts, during a July 10 ribbon-cutting ceremony.

ASTRO: Proposed radiation oncology APM can improve patient care

CMS revealed details for their newly proposed alternative payment model for radiation oncology on July 10. The American Society of Radiation Oncology (ASTRO) believes the model, with adjustments, "will incentivize higher quality, more convenient radiation treatments for patients and support their journey toward a cure."

Many patients skip DBT due to out-of-pocket costs

The fear of paying high out-of-pocket costs is leading many patients to decline digital breast tomosynthesis (DBT), according to new findings published by Current Problems in Diagnostic Radiology.

Interventional cardiology devices market estimated to reach $20.8B by 2022

The interventional cardiology devices market is expected to grow to $20.85 billion by 2022, a new report projects.

Radiology Partners announces new deal with Atlanta-based Northside Radiology Associates

Radiology Partners announced Wednesday, July 10, that it has entered a new partnership with Atlanta-based Northside Radiology Associates (NRA).

Radiologists' average base salary rises 4% to $387K

The average base salary for radiologists continues to grow, checking in at $387,000, up 4.3% from $371,000 in 2017/2018, according to a new report from Merritt Hawkins.

Economics

Proposed HHS budget would close NINR, cut nursing programs

Family of heart patient who died awarded $45M after suing health system for negligence

Leaked HHS budget reveals 30% cuts, elimination of many core services

RadNet leaders discuss rationale behind blockbuster $103M iCAD AI acquisition

Interventional radiologists ‘markedly’ increase billing for nonprocedural work, despite drop in overall doc count