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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Louisiana man sentenced for embezzling more than $100K from mobile imaging company

Senior U.S. District Judge Donald E. Walter sentenced William Britt Harvey, of Lecompte, to two years in federal prison and three years of supervised release.

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First-line CT colonography cuts healthcare costs while bolstering access to care

Capacity for optical colonoscopy across NHS England hospitals is "already stretched," so freeing up space is a top priority to screen patients who need the procedure most.

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Health tech startup raises $18M to expand AI-based imaging, launch COVID-19 scanning program

New York-based Ezra is already partnering with outpatient imaging providers, including RadNet, in three large U.S. markets to test its full-body MRI scan and MRI-based prostate cancer screening program.

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Radiology departments must look long-term to build financial resiliency after the pandemic

UW Seattle radiologists are cutting costs in the near-term to combat low imaging volumes, but say building future financial growth potential is key to a more stable outlook.

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Medical isotopes firm takes revenue hit amid pandemic, but says impact will be ‘relatively short lived’

Idaho Falls-based International Isotopes reported a 5% drop in revenue from nuclear medicine sales, primarily due to imaging clinics shutting their doors and suspending elective exams.

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MITA asks CMS for regulatory relief to mitigate pandemic’s toll on imaging

“It is of timely importance that lawmakers and regulatory officials implement policies that address the current crisis and mitigate future public health consequences arising from the pandemic,” Patrick Hope, executive director of MITA, said Thursday.

Radiology ranks among top 5 highest paid specialties, averaging $427K per year

The figure is nearly 2% higher compared to last year's report from Medscape, but some experts believe the recent global pandemic may change the trend.

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4 steps toward building durable trust upon COVID transparency

Leaders of academic medical departments could and should act now to turn the present public-health crisis into an opportunity for ensuring long-term team cohesion, suggest radiologist leaders at Vanderbilt.

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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