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.

William T. Thorwarth ACR American College of Radiology

Is Medicare’s appropriate-use criteria program doomed? ACR chief discusses what went wrong and how it can get back on track

Radiology Business recently sat down with William T. Thorwarth Jr., MD, to discuss the future of value-based care in the specialty and how Congress can help remedy the program of what ails it. 

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Radiology AI marketplace CARPL raises $6M in seed funding

Software investor Stellaris Venture Partners led the funding round, with additional contributions from UnitedHealth Group, Bain & Co. and LeapFrog Investments.   

brain money alzheimer dementia

Biogen discontinues Alzheimer’s drug Aduhelm, once expected to spur surge in imaging use

Screening for the drug necessitated a PET scan, and individuals also required a baseline MRI within one year before treatment, with more to follow. 

Money court lawsuit judge ruling scales of justice

Hospital pays $801,000 to settle allegations radiology practices billed for ‘shoddy’ imaging services

Physicians allegedly submitted false claims to Medicare and Medicaid for scans they either never reviewed or failed to assess in a timely fashion. 

HHS makes initial drug price offers

The offers on Medicare pricing for 10 specific drugs werent made public, but close watchers expect the government will ask for steep cuts to rein in costs. 

SimonMed

Private equity-backed radiology provider SimonMed opens 6 new imaging centers

New additions balloon the Scottsdale, Arizona-based radiology practice's total number of locations to 170, spanning 11 states. 

NYU Langone Ambulatory Care Garden City

NYU Langone opens $170M outpatient radiology hub in former Sears store

The 260,000-square-foot ambulatory care center features 30 other clinical specialties including cardiology, pediatrics and pulmonology, and will treat 400,000 patients annually. 

Melissa Chen, MD, Clinical Neuroradiologist, Associate Professor, University of Texas MD Anderson Cancer Center, said challenges ton radiology include the limitations of the relative value units (RVUs) used to pay radiologists, the need for balancing workloads despite disincentives to reading some studies, and the need to find new workflow efficiencies with AI to offset the radiologist shortage. #RSNA

Radiology at tipping point with limitations of RVUs and the growing shortage of radiologists

Melissa Chen, MD, MD Anderson Cancer Center, outlines some of the challenges practices are facing and possible solutions.