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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Former owner of bankrupt imaging chain dealt setback in decade-long legal battle with US Bank

Businessman Maury Rosenberg had sought to collect legal damages from the Minneapolis lender, after it forced his National Medical Imaging into insolvency for defaulting on radiology equipment leases. 

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Hospital settles out of court for $7.5M after delayed lung cancer diagnosis on CT

The now-deceased man had sought care at the University of Illinois Hospital for possible venous stenosis in his kidney, which included a CT scan of his abdomen and pelvis. 

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Cardiology’s revenue down 57% in March, 73% in April

Cardiology has seen its revenue and utilization take significant hits as a result of the COVID-19 pandemic.

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More than 75% of radiology providers have resumed regular breast imaging, with a few new twists

Roughly 5% of such providers are actually seeing patient volumes that are higher than pre-COVID levels, according to a new analysis.  

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‘An important validation’: CMS issues new codes for IVL procedures

CMS has issued new codes for intravascular lithotripsy (IVL) procedures performed in a patient’s peripheral arteries in both the hospital outpatient and inpatient settings.

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What recent changes to the Paycheck Protection Program mean for your radiology practice

President Donald Trump recently signed the PPP Flexibility Act of 2020 into law, following unanimous passage in the Senate.

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Mednax to sell its $550M Radiology Solutions business line, change name back to Pediatrix

The Florida physician firm had been in advanced discussions to exit imaging before the pandemic and plans to move forward with a sale "when market conditions are appropriate."

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Publicly traded radiology provider Akumin says it’s starting to wind down COVID-only imaging centers

The company first rolled out its 10 special freestanding centers for coronavirus patients back in March in three states.