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.

Philips ICU telecare

Philips inks $100M contract with VA, GE’s AI deal, plus more radiology vendor news

Also, Intermountain signs exclusive deal with radiology benefits manager, Sectra partners with Christus Health, and Fujifilm offers up $90,000 grant for COVID ultrasound research. 

covid-19 coronavirus

Community radiology practices suffer sizable imaging volume declines, with breast imaging hit hardest

That’s according to a new analysis of imaging data from nine such providers located across the country, published in JACR.  

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Endologix announces bankruptcy, company-wide reorganization due to pandemic-related challenges

Endologix, an Irvine, California-based healthcare company focused on aortic disorders, has filed for Chapter 11 bankruptcy and finalized a “consensual plan of reorganization."

Texas

Bigger in Texas: Merger may create the nation’s largest private radiology practice

Officials with 80-year-old, Fort Worth-based Radiology Associates of North Texas unveiled their new partnership plans on July 2. 

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Heart valve specialists raise $20M

Foldax, a Salt Lake City-based healthcare company focused on heart valve technology, has closed a $20 million Series D round of financing.

bankrupt

Defunct diagnostic imaging center chain files for bankruptcy, citing $32M in liabilities

At its peak, Philadelphia-based National Medical Imaging operated 23 outpatient radiology screening centers with $72 million in annual revenue. 

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Industry lobbyists urge lawmakers to include imaging tech in national stockpile: 5 recommendations for the next pandemic

MITA points out that medical imaging has been "invaluable" during the COVID-19 crisis, and wants federal officials to ensure radiology is at the forefront when planning for future health emergencies.

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Senate bill would officially codify price transparency in radiology, other hospital services

Led by Sen. Chuck Grassley, R-Iowa, their PRICE Transparency Act comes after a judge recently struck down an industry challenge to the new rule, set to take effect in January 2021.