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.

ACR names Debra Monticciolo its new president

The American College of Radiology Council also elected its new vice president during the ACR 2019 Annual Meeting in Washington, D.C.

Radiology Partners celebrates growth over last 8 months

Radiology Partners announced Tuesday, May 21, that its specialists now provide imaging services for more than 925 hospitals, clinics and imaging centers throughout the United States.

Daniel Picus receives ACR’s prestigious Thorwarth Award

Daniel Picus, MD, was named the recipient of the William T. Thorwarth Jr, MD, Award on May 20, during the American College of Radiology’s Annual Meeting in Washington D.C.

49% of radiologists have net worth of at least $2M

Forty-nine percent of radiologists have a net worth of $2 million or more, according to a new report published by Medscape. The report included survey responses from more than 20,000 physicians.

AI company Health at Scale raises $16M

A San Jose-based company focused on machine learning for care optimization, Health[at]Scale, has raised $16 million in a Series A funding round, with Optum as its sole investor.

Radiology Partners Research Institute awards five $20,000 grants for imaging research

The Radiology Partners Research Institute (RPRI) has awarded five $20,000 grants to imaging-related research projects throughout the United States.

Federal judge: Illegal actions by FDA fueled e-cig epidemic

A federal judge on May 15 ruled the FDA acted illegally more than a year and a half ago when it allowed e-cigarette products geared toward kids and teens to remain on the market prior to and during the agency’s approval process.

Brain imaging AI vendor Icometrix raises $18M

Icometrix, an international developer of AI-based brain imaging solutions, has raised $18 million in funding.

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