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.

American College of Radiology proposes 5 imaging-related CPT codes for re-evaluation

The college said the codes are related to X-ray contrast of the knee and ultrasound guidance, among others.

October 14, 2021
Money dollar investments

Radiology services account for $2B of overall spending on cancer care

That's the second most expensive service item contributing to cancer's $156.2 billion price tag in 2018, experts reported Wednesday in JAMA Network Open.

October 6, 2021
Money

Radiologists among the most in-demand health workers, earning No. 5 highest starting salary

The specialty came in just below non-interventional cardiologists' $446K average and well-behind invasive heart docs' whopping $611K.

August 11, 2021
The AHA is granting more money toward research on the cardIovascular effects of COVID-19. #COVIS #COVID19 #SARSCoV2 #longCOVID

Hospital system sues insurer for $1B over losses from imaging, other tests during COVID-19

Pittsburgh-based Allegheny Health Network alleges its insurer refused to pay upwards of $100K for losses "well in excess of $250,000," according to a new report.

August 3, 2021
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

Latest injury verdict against company with ‘defective’ IVC filters brings payouts to $7M

A federal jury recently determined C.R. Bard's filter led to serious complications after fracturing inside a patient, awarding more than $386,000 in damages.

July 27, 2021
Researchers examined data from more than 900 patients, presenting their findings in the Journal of the American Heart Association. Money and healthcare spending and econimics.

Nearly half of patients liable for secondary imaging interpretation costs—many can’t afford it

Individual's out-of-pocket payments did not fully cover their costs in 68% of situations, Emory University experts explained in JACR.

July 20, 2021

Imaging alliance wants CMS policies to encourage adoption, promote access to radiology AI

The advocate outlined its feedback on the House Committee on Energy and Commerce’s 21st Century Cures 2.0 draft legislation in a letter shared recently.

July 19, 2021
AI

American Medical Association approves 1st artificial intelligence CPT code specific to radiology

The "industry milestone" will help radiologists spot incidental vertebral compression fractures during chest CT exams.

July 7, 2021

Around the web

Automated AI-generated measurements combined with annotated CT images can improve treatment planning and help referring physicians and patients better understand their disease, explained Sarah Jane Rinehart, MD, director of cardiac imaging with Charleston Area Medical Center.

Two advanced algorithms—one for CAC scores and another for segmenting cardiac chamber volumes—outperformed radiologists when assessing low-dose chest CT scans. 

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

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