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.

Medicare has denied $16M worth of radiology artificial intelligence claims
The federal payment program first started paying for AI in 2018 and has denied about 53% of claims (or 53,857) submitted by radiologists since then, experts detail in JACR.
Lantheus misled investors about blockbuster imaging agent, class action lawsuit claims
Plaintiff attorneys claim the Massachusetts-based company shattered the competitive position of Pylarify, a PET imaging agent for prostate cancer.
American College of Radiology touts key imaging provisions in House spending bill
"We urge Congress to pass final legislation that reflects this approach and retains ACR-backed provisions that can save lives," CEO Dana Smetherman, MD, MPH, MBA, said Sept. 10.
GE HealthCare to acquire Alzheimer’s imaging AI firm Icometrix
Founded in 2011 and based in Belgium, the AI firm offers the first software for automating brain assessments needed to administer disease therapies from Biogen and Eli Lilly.
Internet searches reveal skyrocketing interest in POCUS implementation
New data align with a rise in intrigue around bedside point-of-care ultrasound to address growing patient demand.

Infosys teams up with Univ. of Illinois in precision medicine play

Digital services and consulting company Infosys has teamed up with the University of Illinois Urbana-Champaign (UIUC) have formed a partnership to develop new technologies and systems in precision medicine.

Did Philips know about bribery scheme related to imaging sales?

News broke in May that Philips, Johnson & Johnson, Siemens AG and General Electric (GE) were under investigation for allegedly paying kickbacks to government officials in Brazil to secure medical equipment contracts.

Researchers are trying to make AI a force for good

A team of researchers from New York University are dedicating work to ensure that AI remains a force for good as the technology becomes more prevalent across many industries––including healthcare.

Healthcare AI’s slow progress from concept to clinic: an ‘inconvenient truth’

Few healthcare AI models introduced in the medical literature during the present AI research boom can be used in actual patient care.

Google AI founder placed on leave

A co-founder of Google’s AI business DeepMind has been placed on leave following controversy over some of his projects, Bloomberg reported.

ARRT wins $10K in trademark lawsuit

The American Registry of Radiologic Technologists (ARRT) has won a lawsuit against Corey L. Cox for misrepresenting its trademarked credentials.

ACR submits comments supporting Patients Over Paperwork initiative

The American College of Radiology (ACR) submitted comments Aug. 12 to CMS indicating its support for reducing administrative burden through the Patients over Paperwork initiative.

3 ways a pediatric radiology labor shortage could make an impact

Demand for pediatric radiologists is currently outpacing the supply, according to a new analysis published in the Journal of the American College of Radiology. What could this trend mean going forward?

Economics

Medicare has denied $16M worth of radiology artificial intelligence claims

Lantheus misled investors about blockbuster imaging agent, class action lawsuit claims

American College of Radiology touts key imaging provisions in House spending bill

GE HealthCare to acquire Alzheimer’s imaging AI firm Icometrix

Internet searches reveal skyrocketing interest in POCUS implementation