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.

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.
Radiologists call for new billing codes to reward work outside of interpreting images
Previous studies have shown rads can spend upward of 60% of workhours on such duties, including curbside consults and multidisciplinary meetings.
Radiology practice reaches in-network agreement with UnitedHealthcare 9 months after terminating contract
Arizona-based Southwest Diagnostic Imaging shared the breakthrough Monday, restoring access for patients covered by UHC’s commercial and Medicare Advantage plans effective May 1.
Radiology rises to the No. 2 highest paid specialty, surpassing cardiology and plastic surgery: Medscape
Full-time U.S. radiologists take home about $520,000, a figure that includes base salary, incentive bonuses and other income such as profit-sharing contributions.
Hundreds of radiology practice locations use medical credit cards to secure quicker patient payments
The trend raises questions about the burdens being placed on a potentially vulnerable population, experts write in JAMA Health Forum.

radiologist radiology pay compensation money dollar

Radiology the top specialty in compensation per hour, new AMA survey says

The profession led the way with average hourly pay of about $281.27, based on answers from 2,653 rads across 78 departments.

Medical University of South Carolina MUSC

Private equity-backed Outpatient Imaging Affiliates launching network of centers through joint venture

The Nashville, Tennessee-based business is teaming with the Medical University of South Carolina to open multiple locations across the Palmetto State.

congress money legislation lawmaker bill senate house senator representative

Cardiology groups urge Congress to ‘take a stand’ after spending proposal fails to fix Medicare cuts

A new spending proposal that would extend government funding for another seven months does not address the Medicare payment cut that went into effect on Jan. 1. More than 100 healthcare groups, including the ACC, STS, SCCT and SCAI, are now voicing their disappointment.

American Medical Association AMA President Bruce A. Scott MD

Physicians ‘outraged’ after proposed spending package ditches doc fix

House Republicans on Saturday released a seven-month funding patch to avert a government shutdown, adding billions for deportations, veterans' healthcare and the military.

RadNet wants to increase imaging access via urgent care clinics, nonradiology physician groups

The Los Angeles-based imaging center operator recently inked a partnership with a Florida OB-GYN group and plans to "aggressively" pursue similar opportunities.

Wall street banking money finance capital

Radiologists aim to ‘take back the profession from Wall Street’ with launch of new private practice

Kevin Kadakia, MD, MBA, and Tarang Patel, DO, officially announced the rollout of Radiology One March 1 with a team of 25-plus rads.

Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.

Walgreens confirms $10B sale to PE, as part of $24B transaction

Sycamore Partners will be purchasing the struggling pharmacy chain for $11.45 a share and putting its VillageMD clinics up for sale.

Thousands of radiologists now work for private equity, up sharply from a decade ago

About 282 (or 1%) of radiologists worked for PE entities in 2013, a number that has increased over 1,300% in the 11 years since, according to new research.

Economics

Interventional radiologists ‘markedly’ increase billing for nonprocedural work, despite drop in overall doc count

Radiologists call for new billing codes to reward work outside of interpreting images

Radiology practice reaches in-network agreement with UnitedHealthcare 9 months after terminating contract

Radiology rises to the No. 2 highest paid specialty, surpassing cardiology and plastic surgery: Medscape

Hundreds of radiology practice locations use medical credit cards to secure quicker patient payments