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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US, China impose additional tariffs in growing trade war that could impact medical imaging

In the latest in an international trade war, China has imposed $60 billion in tariffs on imported U.S. goods on Monday, Sept. 17, in retaliation against President Donald Trump imposing $200 billion worth in tariffs on Chinese imported goods—including medical imaging equipment and other healthcare technologies, NPR reports.

September 18, 2018

Out-of-pocket price transparency saves radiology revenue, improves patient satisfaction

Patients with high-deductible health plans (HDHPs) continue to see out-of-pocket costs rise. Despite this, healthcare prices remain largely a mystery to consumers—but what if a hospital helped families better understand their potential out-of-pocket expenses?

September 18, 2018

TriMedx to buy Aramark healthcare division, including imaging tech services, for $300M

On Monday, Sept. 17, Indianapolis-based TriMedx announced plans to buy the healthcare technologies division of Aramark Corporation for $300 million. The two companies have signed a definitive agreement and expect the transaction to be completed by the end of the year.

September 18, 2018

ACR seeks congressional support for Medicare coverage of CT colon cancer screening

Roughly 30 U.S. senators and congressional representatives were sought to cosponsor the CT Colonography Screening for Colorectal Cancer Act of 2017—H.R. 1298—at a Capitol Hill briefing on Wednesday, Sept. 12. The meeting was sponsored by the American College of Radiology (ACR) and the Colorectal Cancer Alliance, according to an ACR press release.

September 17, 2018

Medicare spends $400M a year on prostate cancer treatment for elderly men

Despite national guidelines advising against prostate cancer screening in men 70 or older, researchers from the University of North Carolina (UNC) Lineberger Comprehensive Cancer Center found that prostate cancer care for this demographic costs Medicare more than $400 million a year, according to a study published Sept. 13 in JAMA Oncology.

September 14, 2018

Imaging, urgent care facility opening in Maine mall hopes to lower costs

Central Maine Healthcare (CMH) in Lewiston recently announced plans to open an outpatient care facility inside a mall in southern Maine—offering imaging services and urgent care, according to the Sun Journal. The system believes its model can lower healthcare costs in the region.

September 12, 2018

California’s breast density law extended through 2025

California Gov. Jerry Brown guaranteed the state’s breast density notification program will extend through 2025 after he signed the Dense Breast Tissue Awareness bill (SB-1034) this week.

September 11, 2018
Paul Lauterbur

Lauterbur, 'Father of the MRI,’ honored by New York university

Stony Brook University in New York will display a plaque posthumously honoring Paul Lauterbur, MD, whose work led to the development of the MRI, in its new engineering building. The university also named a campus street after the late chemist, according to a news release.

September 5, 2018

Around the web

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

"I see, at least for the next decade, this being a SPECT and PET world, not one or the other," explained Tim Bateman, MD.

The FDA-approved technology developed by HeartFlow can predict a patient's long-term risk of target vessel failure as well as more invasive treatments performed inside a cath lab. 

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