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.

Pandemic perspectives: 3 affected generations, 1 stark conclusion

Millennials, Gen Xers and Baby Boomers fall fairly close to one another in how they view several aspects of life with COVID. One in which the divide is wide: the desire for a “digital detox.”

covid-19 coronavirus

Crisis clobbers affiliated imaging centers, with recovery coming slower than main hospital campus

Such sites generate significant income for hospitals, while also capturing a large portion of outpatient imaging, experts wrote in Academic Radiology

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NIH awards $4.6M grant for research into pediatric ‘chemo brain’

As part of the four year project, experts will pinpoint brain activity on functional MRI scans during attention, memory and other cognitive assessments.

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Deep dive finds more for radiologists to dislike in 2021 Medicare Physician Fee Schedule

Consulting firm Healthcare Administrative Partners highlighted payment cuts as severe as 18% for high-volume imaging procedures. 

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Radiology provider Akumin says layoffs, pay cuts helped buoy $13.7M second quarter

The company has seen an uptick in COVID-19 cases in core markets, but third quarter volumes continue to recover from the steep drops seen in the spring. 

Trump taps board-certified radiologist as new COVID-19 advisor

Scott Atlas, MD, is a senior fellow at Stanford University's Hoover Institution, and is serving as an advisor to the president on pandemic-related matters.

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Mobile imaging provider must pay up after overcharging Medicare for transportation, DOJ says

Physician’s Mobile X-Ray has agreed to pony up nearly $50,000 for violating the False Claims Act over a five-year period. 

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RadNet bracing for $11M drop in 2021 revenue following Medicare reimbursement update

The Los Angeles-based firm said it plans to permanently reduce staffing levels and trim travel expenses to help counter the cut.