Healthcare Economics & Policy

Outpatient no-shows for scheduled imaging exams can cost a radiology department at a standard U.S. academic medical center as much as $1 million in lost revenue per year, according to a study published June 12 in Academic Radiology.
Ronald Grusd, MD, was sentenced to 10 years in federal prison Monday after he fraudulently billed California insurance companies more than $25 million while also paying kickbacks for patient referrals from clinics in San Diego, the Times of San Diego reported.
The Medical Imaging and Technology Alliance (MITA) submitted formal comments June 11 to the Energy and Commerce Committee applauding the organization’s investigation into medical device vulnerabilities and outlined suggested policies to advance cybersecurity for legacy medical imaging equipment.
After multiple threats from President Donald Trump, the Office of the United States Trade Representatives (USTR) announced Friday, June 15, they will go-forward with 25 percent tariffs on approximately $50 billion worth of Chinese imports—including medical imaging equipment.
In a letter to the U.S. Preventative Services Task Force (USPSTF), the American College of Radiology (ACR), the Lung Cancer Alliance and the Society of Thoracic Surgeons urged for objectivity in the upcoming review of the USPSTF’s lung cancer screening recommendations.
Jun 08, 2018 | Molecular Imaging
In a blow to Medicare patients with metastatic cancers, the Centers for Medicare & Medicaid Services (CMS) announced it has rejected reimbursement coverage for 18F-sodium fluoride positron emission tomography (NaF PET) imaging.
Current Medicare performance metrics favor radiologists in large practices and those in subspecialties, which may hurt general radiologists and impact patient care.
Jun 07, 2018 | Policy
The study in the latest edition of Research Policy, looking at the 2.3 percent excise tax imposed on medical devices in 2013, found it significantly reduced research and development investment, sales revenue, gross margins and earnings since ACA implementation in 2013.
The Medical Imaging and Technology Alliance (MITA) announced its strong support of a bipartisan letter from U.S. Reps. Erik Paulsen, R-Minnesota, and Scott Peters, D-California, urging United States Trade Representative (USTR) Robert Lighthizer to exempt $3 billion worth of medical devices from tariffs.
The FDA has proposed reclassifying medical image analyzers used in mammography for breast cancer, ultrasound for breast lesions, x-ray for lung nodules and x-ray for dental caries as class II medical devices instead of class III.
President Donald Trump announced on Tuesday, May 29, that proposed tariffs on $50 billion worth of Chinese imported goods, including medical imaging equipment, are back on the table.
The Food and Drug Administration (FDA) gave software company Imagen permission to market its artificial intelligence (AI) diagnostic system OsteoDetect.
Health insurance giant Anthem implemented its controversial imaging policy in Colorado last fall which has limited CT and MRI coverage for the nearly one in five patients with private insurance in the state, according to a Denver Post report. Some experts question the motivation of the move.
Geraldine McGinty, MD, MBA, has been elected Chair of the American College of Radiology (ACR) board—the first woman named to the position in the history of the organization.
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 17, 2018 | Molecular Imaging
On May 17, the Society of Nuclear Medicine and Molecular Imaging (SNMMI) announced the Value Initiative Industry Alliance—a collaboration among corporate community members that will help implement the organization’s Value Initiative and advance nuclear medicine.
Molecular Imaging, Healthcare Economics & Policy
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.
Healthcare Economics & Policy
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.
Healthcare Economics & Policy
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.
Healthcare Economics & Policy
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.
Healthcare Economics & Policy
Chris Tomlinson, VP of enterprise radiology at Jefferson Health and finance chair at the Association for Medical Imaging Management (AHRA), spoke with HealthImaging about these issues—and why the "commoditization” of imaging may be at the heart of the problem.
Healthcare Economics & Policy