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.

Touchstone Medical Imaging to pay $3M federal fine following cybersecurity breach

Touchstone Medical Imaging has agreed to pay a $3 million fine to the Office for Civil Rights (OCR) to settle potential Health Insurance Portability and Accountability (HIPAA) rule violations stemming from a large breach exposing patient health information.

 

May 6, 2019

The ACR’s 4 legislative priorities for Capitol Hill Advocacy Day

On May 22, more than 400 American College of Radiology (ACR) members will speak with their elected federal representatives to discuss four legislative priorities as part of Capitol Hill Advocacy Day at the 2019 ACR Annual Meeting.

May 6, 2019

American Society of Breast Surgeons release mammography screening guidelines based on individual risk

The American Society of Breast Surgeons (ASBrS) has released new screening mammography guidelines based on a patient’s individual breast cancer risk profile. The American College of Radiology announced their support for the new recommendations.

May 3, 2019

Guidelines updated for radiation therapy after prostatectomy

The American Society for Radiation Oncology (ASTRO) and the American Urological Association (AUA) have updated their clinical guidelines for adjuvant and salvage radiotherapy following prostatectomy.

May 2, 2019

Genetic testing could cut first year breast cancer costs by $50M

"This study only answers the question about whether, in the first 12 months after diagnosis, costs of gene testing are likely to be offset by savings in avoided costs of chemotherapy—and the answer is yes," wrote authors of a new study published in JNCI.

April 25, 2019

What’s the most cost-effective imaging method for diagnosing, monitoring HCC patients?

“Given that health care systems are limited in their financial resources, competing surveillance strategies should be analyzed for their cost-effectiveness," wrote Paulo Henrique Lima and colleagues, in an April 17 study published in the American Journal of Roentgenology.

April 22, 2019
Danish researchers reported in Radiology that an artificial intelligence system was able to interpret more than 114,000 screening mammograms using a reading protocol with high sensitivity and specificity.

Income aside, high-deductible health plans lead to delays in breast cancer diagnosis, chemo

Switching both low-and high-income women from affordable to high-deductible health plans (HDHPs) resulted in lengthy delays in breast cancer diagnosis and treatment, reported authors of a large study published in Health Affairs.

April 19, 2019

Radiologists average $419K per year, ranking 6th among specialists

Radiologists reported a yearly salary of $419,000, according to results of the Medscape Physician Compensation Report 2019. The figure is 4% higher than the specialties’ average salary in last year's Medscape report.

April 11, 2019

Around the web

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. 

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

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