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.

lex Sandhu, MD, MS, assistant professor of cardiovascular medicine, Stanford University, and cardiologist at the Palo Alto VA. He spoke in the business of cardiology sessions at ACC 2024 and explained how Medicare reimbursements will be moving toward a value based payment model by 2030. #ACC #ACC24 #ACC2024 #CMS #reimbersements #Medicare

How the shift to value-based reimbursements could transform cardiology

"I think we really need our cardiologist community to understand the changes that are happening with value-based payment," one expert tells Cardiovascular Business. 

mergers acquisitions puzzle M&A

RadNet acquires 9 imaging centers through 2 tuck-in transactions totaling $14M

The deals were with Antelope Valley Imaging and Grossman Imaging Centers, both located near RadNet's home base in California. 

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Six hospital groups urge UnitedHealth to take responsibility for Change Healthcare hack notifications

In a public letter, the groups are urging UnitedHealth Group to announce a timeline for notifying patients about what personal data was stolen in the breach of Change Healthcare's systems.

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Same-day discharge after interventional radiology procedure saves money without impacting outcomes

Amid the COVID-19 pandemic, with bed space at a premium, UAB Medicine started sending patients home after percutaneous cryoablation of renal tumors. 

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UPMC settles $38M whistleblower lawsuit for Medicare fraud

Surgeons at the health system were accused of performing unnecessary procedures and receiving bonuses as kickbacks. UPMC does not admit wrongdoing.

prostate cancer PSA

Collaborative bolsters prostate MRI quality, with 1 site realizing $559,000 in reimbursement gains

Some of the most commonly deployed interventions included protocol adjustments, standardized patient prep instructions and personnel training. 

money business cash flow dollar

Medical device company raises $87M to study new-look scaffolds for BTK PAD

R3 Vascular also announced that Christopher M. Owens, a veteran of the medical device industry, is its new president and CEO. 

Financial data showing growing revenue

RadNet sees quarterly revenue climb to ‘record’ $432M with double-digit growth across multiple modalities

Comparing only imaging centers that operated both quarters, MRI volumes increased 10% compared to Q1 of 2023 while PET/CT was up more than 15%.