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Healthcare Economics

 

Judging by thousands of insurance claims, spinal manipulation does little to tamp down the overall costs of treating low-back pain. Further, the popular therapy is often preceded by costly and unnecessary imaging exams.

It’s not news that Medicare has saved itself a ton of money on spending for medical imaging since the enactment of the Deficit Reduction Act of 2005. But now there are numbers to quantify the hurting the cuts have laid on radiologists and cardiologists—who’ve taken it on the chin even more.

Siemens Healthineers announced today its intention to acquire Medicalis, a provider of workflow technology and clinical decision support to radiology groups, imaging centers and hospitals in the United States and Canada. Terms of the transaction were not immediately disclosed.

CMS’s Quality Payment Program (QPP), which went live with the 2015 enactment of MACRA, represents the biggest single development in U.S. healthcare since President Lyndon Johnson signed Medicare and Medicaid into law in 1965.

Using the National Cancer Database (NCDB), researchers set out to find the potential cost savings associated with an evidence-based radiation treatment (RT) approach among women in the United States with early-stage breast cancer.

 

Recent Headlines

Common back-pain therapy may work—but it doesn’t save on imaging or other costs

Judging by thousands of insurance claims, spinal manipulation does little to tamp down the overall costs of treating low-back pain. Further, the popular therapy is often preceded by costly and unnecessary imaging exams.

Medicare has slashed imaging reimbursements by a third since 2006

It’s not news that Medicare has saved itself a ton of money on spending for medical imaging since the enactment of the Deficit Reduction Act of 2005. But now there are numbers to quantify the hurting the cuts have laid on radiologists and cardiologists—who’ve taken it on the chin even more.

MITA commends congressmen Costello, Peters for bipartisan legislation

Congressmen Ryan Costello, R-Pennsylvania, and Scott Peters, D-California, were commended by the Medical Imaging & Technology Alliance (MITA) for introducing bipartisan legislation to ensure consistency in regulation for the proper servicing of medical devices.

Siemens Healthineers to acquire Medicalis to boost population health management portfolio

Siemens Healthineers announced today its intention to acquire Medicalis, a provider of workflow technology and clinical decision support to radiology groups, imaging centers and hospitals in the United States and Canada. Terms of the transaction were not immediately disclosed.

5 tips for radiology managers pursuing MACRA success

CMS’s Quality Payment Program (QPP), which went live with the 2015 enactment of MACRA, represents the biggest single development in U.S. healthcare since President Lyndon Johnson signed Medicare and Medicaid into law in 1965.

Cost savings associated with radiation treatment after lumpectomy for early-stage breast cancer

Using the National Cancer Database (NCDB), researchers set out to find the potential cost savings associated with an evidence-based radiation treatment (RT) approach among women in the United States with early-stage breast cancer.

First diagnostic radiotracer supporting early diagnosis of Alzheimer's approved in Canada

Piramal Imaging SA and Isologic Innovative Radiopharmaceuticals have announced that a Notice of Compliance (NOC) from Health Canada has been issued to Isologic for NeuraCeq (florbetaben F18 injection).     

FDA approves Varibar Pudding from Bracco Diagnostics for MBS examinations

The FDA approved Varibar Pudding from Bracco Diagnostics for modified barium swallow (MBS) examinations to evaluate the oral and pharyngeal function and morphology in patients six months and older.

7 ways radiology can avoid undue industry influence

Radiologists are among the specialists least susceptible to lures from industry players angling for an ethically iffy “in” to push more goods and services—a happy fact in this age of Open Payments. But that doesn’t mean rads are immune. With this in mind, three radiologists at the University of Washington in Seattle propose a methodical approach to evaluating new products and managing relationships with vendors.

Mayo radiology shows how to boost efficiency, cut costs the ‘TDABC’ way

An exemplary radiology department has demonstrated how to apply the innovative business-management technique called “time-driven activity-based costing,” or TDABC, to fix some common and costly workflow inefficiencies in radiology. 

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