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.

Boston Scientific’s coronary DCB gains new Medicare reimbursement
The first coronary DCB to gain FDA approval just received an additional reimbursement that could improve patient access.
Medical imaging a heavy contributor to Medicare waste, study finds
The payment program spent $484 million on 15 different low-value imaging services, a figure that balloons to $584 million when factoring for out-of-pocket costs.
Imaging AI vendor earns nationwide UnitedHealthcare coverage, sets $1.3B value ahead of IPO
California-based Heartflow, which offers an AI software that assesses coronary CT angiography scans, hopes to raise over $200 million through the stock offering.
Private practice takes over Radiology Partners hospital contract
Effective immediately, Midstate Radiology Associates will deliver imaging reads at Windham Hospital, in Willimantic, Conn.
New number-crunching shows Medicare could save itself more than $2.5B a year by just saying ‘No’ to 5 low-value services
No single CMS strategy has proven an inarguable success at delivering significant cost savings while optimizing patient outcomes and minimizing clinical risks. Two researchers think they’ve found a way.

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Medscape drops radiology to 3rd highest paid specialty after scrubbing salary survey data

In April, the news website had declared radiology the No. 2 highest paid specialty, but it's now revising the numbers to correct inaccuracies in the statistical model.

Radiologists launch CoreViva, another elective whole-body MRI startup

Co-founders Alan Alexander, MD, MSc, and Brian Tsui, MD, officially kickstarted the company this month after two years in “stealth” mode.

RadNet inks AI deal with 1 of Southern California’s largest health networks

Under the agreement, three affiliates of the Heritage Provider Network will reimburse RadNet for its Enhanced Breast Cancer Detection program.

US Radiology Specialists announces name change

Leaders with the Raleigh, North Carolina-based radiology group said the change comes as the practice continues pursuing expansion through "de novo" imaging centers.

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Private equity-backed Premier Radiology Services acquires another rival telerad group

The Deerfield Beach, Florida-based company is adding MetisMD, “a highly regarded teleradiology provider with deep expertise in musculoskeletal imaging.”

Lawmakers propose allowing radiologists to own hospitals, drawing ire from industry lobbying group

“Patients should have the freedom to choose the highest quality care available, and physicians should be allowed to provide it,” said Rep. Beth Van Duyne, R-Texas.

Medical malpractice lawsuits are rare in sports cardiology—but they can cost providers millions

When doctors are accused of mishandling the heart health of a young athlete, it occasionally ends up being settled in a courtroom.

Rural patients less likely to undergo PET imaging for prostate cancer

Experts suggest possible remedies to this disparity, including mobile PET units or establishing hub-and-spoke care models.

Economics

Boston Scientific’s coronary DCB gains new Medicare reimbursement

Medical imaging a heavy contributor to Medicare waste, study finds

Imaging AI vendor earns nationwide UnitedHealthcare coverage, sets $1.3B value ahead of IPO

Private practice takes over Radiology Partners hospital contract

New number-crunching shows Medicare could save itself more than $2.5B a year by just saying ‘No’ to 5 low-value services