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.

Ruth Carlos

Ruth Carlos named editor-in-chief of JACR

Ruth Carlos, MD, MS, will begin her new role in January 2019. She succeeds Bruce J. Hillman, MD, who founded the Journal of the American College of Radiology in 2004.

May 21, 2018
NEMA

NEMA estimates proposed Chinese tariffs at $2.25B, urges alternative measures in testimony

On Tuesday, May 16, the vice president of the National Electrical Manufacturers Association (NEMA) testified in front of an Office of the United States Trade Representative (USTR) committee, stating the proposed tariffs on Chinese imports would equate to $2.25 billion in taxes on many of its members, which include medical imaging device manufacturers.

May 16, 2018
Outsourcing

Survey: Hospitals consider outsourcing imaging to cut costs

A recent Black Book Market Research survey of administrators from 709 hospitals and inpatient organizations found medical imaging among the most popular services hospitals are considering outsourcing to save money.

May 11, 2018
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Kaiser: MRI price, availability, use are highest in US

The U.S. leads 22 comparable countries in MRI price, availability and use, according to a data report published by the Kaiser Family Foundation. The report was recently presented at a forum held by the Kaiser Family Foundation and the Peterson Center on Healthcare in Washington, D.C.

May 10, 2018

Are imaging costs, utilization leading to increased spending in Massachusetts?

In 2015, Medicare spent $762.1 million on imaging services in Massachusetts, with per beneficiary spending 14 percent higher than the average state. A Boston Business Journal report suggests increased imaging costs and higher utilization of imaging services are to blame.

May 7, 2018

Ohio system invests $10M for IBM Watson PACS upgrade

Cincinnati-based TriHealth announced a $10 million investment to adopt IBM Watson’s Health Enterprise Imaging Portfolio, reports the Cincinnati Business Courier.

April 20, 2018

Early MRI referrals not cost-effective in patients with knee pain

A group of Dutch researchers found a general practitioner’s MRI referral for patients with traumatic knee symptoms led to increased healthcare costs without any improvement in outcomes, according to a study published in Radiology.

April 20, 2018
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Radiologists average $401K a year, ranking 5th among specialists

Radiologists make an average of $401,000 a year, ranking as the fifth highest compensated medical specialists, according to Medscape's Physician Compensation Report 2018, which compiled survey results from more than 20,000 physicians in 29 clinical specialties.

April 19, 2018

Around the web

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

"I see, at least for the next decade, this being a SPECT and PET world, not one or the other," explained Tim Bateman, MD.

The FDA-approved technology developed by HeartFlow can predict a patient's long-term risk of target vessel failure as well as more invasive treatments performed inside a cath lab. 

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