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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Most hospitals fail online price transparency check—particularly for shoppable imaging services

Pricing for exams such as brain MRI, screening mammography, and head CT without contrast proved more difficult to track down compared to medications and lab testing.

May 14, 2021
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Patients question radiology provider's billing practices after receiving notices from collections

Englewood, Colorado-based Radiology Imaging Associates says it has identified a software error likely responsible for the issue and is working to make corrections.

May 13, 2021
Twenty-three percent of cardiologists have a net worth of more than $5 million, No. 5 among all specialties, according to a new report. A majority of cardiologists also said they have had no significant financial losses in the last year. What are cardiologists paid? How much do cardiologists make?

The high price of consolidation: Spike in imaging volumes pushing Medicare costs up $40M

The findings shared Monday in Health Affairs add to mounting evidence linking vertical integration to higher spending, a trend that's likely to increase in the coming years.

May 4, 2021

Radiology group asks lung cancer screening centers for help persuading insurers to update exam coverage

The American College of Radiology has provided a form letter for organizations to send to state and local private insurers.

April 30, 2021
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Total knee AI/AR cleared for sales in the US

The FDA has granted 510(k) clearance to a French startup for surgery software that combines AI with augmented reality and computer vision.

April 29, 2021
Mergers on the rise

Radiology improvement program yields $42M in potential revenue gains

Stanford radiologists detailed their 52in52 initiative in the American Journal of Roentgenology.

April 28, 2021
Money Eye

‘Partial victory’: Imaging advocates say Humana relenting on some PET/CT payment restrictions

The health insurer reversed its coverage denial for imaging of gastric and esophageal oncologic indications, while other restrictions remain in place. 

April 27, 2021

6 tips for radiologist-owned practices to step-up their customer service in the value-based era

Private equity acquisitions and consolidation are making it difficult for such practices to compete, but going above and beyond for patients and referrers can bring a strategic advantage.

April 22, 2021

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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