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.

HHS rejects proposal weakening AI oversight that radvocates labeled ‘extraordinarily concerning’

The immediate-past HHS secretary's plan would have exempt many medical devices from Food and Drug Administration premarket requirements.

April 15, 2021

Radiology provider stands up to Cigna in lawsuit over $400K in denied COVID-19 services

Rochelle Park, New Jersey-based Open MRI and Imaging said it was within its rights to take legal action against the insurer and urged a federal judge not to dismiss its claims.

April 14, 2021
COVID-19 congress coronavirus Washington

Imaging advocates support new $25B congressional bill to help prop-up scientific research

SNMMI, MITA, and others said they are "deeply concerned" about the pandemic's disruption to federal research efforts.

March 24, 2021
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CPT code blunders cost one radiology practice more than $20K per month, new analysis shows

Lags in education and coordination along the reporting chain, among other issues, contributed to the nearly 17-month delay in implementing accurate coding measures, Duke University experts reported.

March 15, 2021

91% of consumer medical imaging tweets are negative, with most related to costs

Researchers hope their findings can motivate radiologists to consider costs from the patient's point of view, they explained Monday.

March 8, 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.

Patients drive past lower-cost MRI options even after price shopping

The average person passed up six places offering cheaper scans compared to where they ultimately received treatment, but experts say providers and insurers are partially to blame.

March 4, 2021
money maze payment reimbursement

Check please! AI expansion in radiology hinges on healthcare’s value proposition

Just last year CMS began reimbursing providers for using two algorithms, but experts say the current payment pathways may not entice private groups to follow the government's lead.

March 3, 2021

Cigna urges court to toss radiology provider's lawsuit over $400K in COVID-19 services

The nation's fourth largest commercial insurer says Open MRI and Imaging has failed to provide key information needed to back up its claims, according to a recent report.

February 26, 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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