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.

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400,000 imaging scans outsourced amid Scotland radiology shortage

Scottish health boards have sent nearly 400,000 radiology scans to external providers over the past three years, new data received by the Scottish Liberal Democrats shows.

August 20, 2018

Despite longstanding breast density laws, patients remain confused and misinformed

Breast density laws have been on the books since 2009, with states increasingly joining the upward trend. But new research surveying more than 1,000 women found many remain confused and misinformed about such legislation.

August 17, 2018

An incidental pulmonary nodule found on CT averages $393 in downstream costs

Incidental pulmonary nodules detected on chest CT cost a downstream average of $393, researchers reported in a new Academic Radiology study. Collaboration may be the key to reducing that number.

August 9, 2018
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US announces $16B in tariffs on Chinese goods in 2nd round of trade war

The trade war between the U.S. and China continues to grow. The U.S. announced Tuesday, Aug. 7, that it will impose 25 percent tariffs on an additional $16 billion worth of goods imported from China.

August 8, 2018

Radiology spending on AI expected to surpass $2B by 2023

“Despite some of the earlier market hype, it is becoming increasingly clear that AI will transform the diagnostic imaging industry, both in terms of enhanced productivity, increased diagnostic accuracy, more personalized treatment planning, and ultimately, improved clinical outcomes."

August 8, 2018
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China threatens $60B tariffs on US goods, including medical imaging equipment

China announced on Friday, Aug. 3, its plans to impose $60 billion in new tariffs on more than 5,000 imported U.S. products, including medical imaging equipment such as x-ray tubes, CT and MRI systems and ultrasonic scanning devices.

August 6, 2018

Lung cancer screening guidelines may be inadequate for minorities, underrepresented populations

Current lung cancer screening guidelines, developed based on results from a 2011 study, may be inadequate for high-risk minorities and those in underrepresented communities, researchers at the University of Illinois at Chicago reported in a JAMA Oncology study.

August 6, 2018

North Carolina MD's affordable MRI center prohibited by state legislation

After Gajendra Singh, MD, was quoted $1,200 for an ultrasound at his local hospital’s outpatient department, he decided to open his own low-cost imaging center in Winston-Salem, North Carolina. But that’s where his problems began, Vox reported.

August 1, 2018

Around the web

"Gen AI can help tackle repetitive tasks and provide insights into massive datasets, saving valuable time," Thomas Kurian, CEO of Google Cloud, said Tuesday. 

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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