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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Experts detail how recent Medicare Physician Fee Schedule changes impact radiology

With the recent adjustment, the conversion factor is now 1.77% lower than it was in 2023, at $33.2875, consulting firm Healthcare Administrative Partners notes. 

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Radiologists collect $392M in payment perks from the imaging industry, far less than other specialists

The figure places radiology 12th on a list of 39 specialties ranked in terms of total amount paid to physicians between 2013 and 2022.

Medicaid still leads gov in payment errors but showing improvement

Medicaid’s $50 billion in improper payments was the highest total for a single program—but it was also the most improved government program, cutting about $30 billion from its 2022 improper payments total. 

physician money payments dollars

Cardiologists received $1.3B in industry payments over 10-year period, No. 3 among all healthcare specialties

Only orthopedic surgeons and neurologists/psychiatrists received more industry payments from 2013 to 2022 than cardiologists. Also, the two prescription medications associated with the most physician payments were a blood thinner and an anticoagulant. 

Tellica Imaging Intermountain

Hospital giant to expand homegrown outpatient imaging chain that offers flat-rate MR and CT

First launched in 2021, Tellica Imaging has aimed to capitalize on the industry's shift away from hospitals to less costly freestanding sites

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Radiology groups slam UnitedHealthcare decision they say was inspired by ‘science-harvesting mercenaries’

UHC has labeled an IR service docs have been delivering for 9 years as “unproven and not medically necessary due to insufficient evidence of efficacy." 

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UnitedHealth’s Optum to acquire 9-state multispecialty radiology provider

Dallas-based Steward Medical Group spans 450 practices, employing over 1,700 providers including 180-plus radiologists. 
 

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Imaging’s total share of US healthcare spending plummets as others record gains

The percentage of patients who received imaging services also declined from 46% in 2010 down to 40% by 2021, experts wrote in Health Affairs Scholar. 

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