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.

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.

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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.

Cigna

Cigna reverses course, expands hospital-based imaging access to pediatric patients

The American College of Radiology and Society of Pediatric Radiology both said the move will have a positive impact on the quality and safety of care.

Hyperfine secures $90M to ‘aggressively’ advance commercial expansion, fast-track AI developments

A number of investors pitched in during this series D financing round, including GV (formerly Google Ventures), Nextrans and Axiom Associates, the Guilford, Connecticut, startup said recently.

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Former imaging informatics researcher facing federal charges after fraudulently obtaining $1.7M grant

Lin Yang is accused of purposely hiding his ties to the Chinese government in relation to his imaging research and a tool known as "MuscleMiner."

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Startup Moray Medical raises $3.3M for interventional robotics platform

The Mountain View, California-based company's Coral system is meant to simplify a number of minimally invasive heart interventions.

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ACR offers update on radiology report access under new information-blocking rules

Radiologists had previously sought clarity around the practice of waiting to release rad reports via patient portals.

lung cancer

Hybrid lung cancer screening program could save Medicare millions in follow-up spending

Combining the Lung CT Screening Reporting and Data System with AI-based malignancy risk scoring bolstered exam specificity up to 96%, compared to 66% when using Lung-RADS alone.

Around the web

Positron, a New York-based nuclear imaging company, will now provide Upbeat Cardiology Solutions with advanced PET/CT systems and services. 

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.

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