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.

Op-ed argues Democrats should lead the way in repealing the medical device tax

A recent op-ed published by Morning Consult urged Democrats in the House and Senate to permanently repeal the 2.3 percent medical device tax in order bring down healthcare costs and promote innovation.

January 11, 2019
Money

Insurer's price calculator severely underestimates breast MRI cost for Philadelphia woman

Although many insurance providers have invested in price calculators for patients to determine out-of-pocket costs, one Philadelphia woman discovered they may severely underestimate actual prices for services, according to a recent report by The Philadelphia Inquirer.

January 10, 2019
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Bruce Tromberg appointed director of NIBIB

Bruce J. Tromberg, PhD, was appointed director of the National Institute of Biomedical Imaging and Bioengineering (NIBIB) on Jan. 7 at the National Institutes of Health in Bethesda, Maryland, according to a recent NIBIB news release.

January 9, 2019

Hospitals begin posting prices online, but is it helping patients?

A new federal law took effect Jan. 1 requiring all hospitals to post their list prices online. But, as it turns out, what appears online may end up confusing price-conscious patients more than helping them.

January 4, 2019

Federal rule to increase price transparency of medical services, including imaging

A new federal law proposed by CMS took effect on Jan. 1, requiring hospitals to publish online price lists for medical imaging and all other services they provide, according to a recent report by Newsweek.

January 2, 2019
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MITA applauds 12 governors advocating for permanent medical device tax repeal

The Medical Imaging and Technology Alliance (MITA) applauded 12 U.S. governors for writing a letter strongly encouraging Senate Majority Leader Mitch McConnell, R-Kentucky, and Speaker Paul Ryan, R-Wisconsin, to permanently repeal the medical device tax before the end of the year.

December 19, 2018

ASTRO concerned about mandatory participation in forthcoming radiation oncology APM

Over the coming weeks, CMS will unveil a mandatory Medicare payment model for radiation oncology, Alex Azar, Health and Human Services secretary, said in a recent speech. The announcement drew a mixed reaction from the American Society of Radiation Oncology (ASTRO).

November 12, 2018

Radiologist takes action after NRA tweets doctors 'to stay in their lane' on gun control

A tweet posted Wednesday, Nov. 7 by the National Rifle Association (NRA) telling doctors who have entered the gun control debate “to stay in their lane” has sparked outrage amongst U.S. physicians and medical professionals who have since taken to Twitter to express their discord, according to a recent report by The Washington Post.

November 12, 2018

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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