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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GE Healthcare IPO likely on hold following $21.4B deal with Danaher

General Electric (GE) may be halting its plan for an initial public offering (IPO) of its healthcare sector in 2019, GE Chairman and CEO Larry Culp told CNBC on Feb. 25. The announcement came after the company made a deal to sell its biopharma business to Danaher for $21.4 billion.

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Updated guidelines released for safe anesthesia use in MR units

The Association of Anaesthetists released updated 2019 guidelines on safely administering anesthesia in MR units. The new guidelines were published in the U.K journal Anaesthesia and include 11 recommendations.

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New legislation mandates nationwide breast density notification

Federal law now requires mammography facilities include breast density information in reports sent to patients and their physicians. The mandate was included in federal funding legislation signed into law on Feb 15.

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MITA whitepaper calls for clarity differentiating imaging device servicing, remanufacturing

A new whitepaper released by the Medical Imaging & Technology Alliance (MITA) put forth a framework for establishing the difference between servicing and manufacturing activities for medical imaging devices.

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Report: Imaging jobs top those paying $55K minimum, 2-year degree requirement

A new report from CNBC analyzed data provided by the U.S. Bureau of Labor Statistics which identified the top 11 in-demand jobs paying workers an annual salary of more than $55,000 and requiring only an associate’s degree. Of the 11 jobs identified, more than half are in medical imaging and radiology. 

Erlanger, radiology group reach agreement after contract dispute

Tennessee Interventional Imaging Associates (TIAA) reached an agreement with Chattanooga, Tennessee-based Erlanger Health System to remain its radiology service provider, according to the Times Free Press. The parties had previously been in a contract dispute that threatened the hospital’s premier stroke program.

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Australia invests $375M for 50 MRI licenses

The Liberal National Government of Australia announced it is providing $375 million for 50 new MRI licenses at Medicare-eligible locations across the country, according to a recent release from the office of Greg Hunt, Australia’s Minister for Health.

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GE now plans on selling nearly 50% of healthcare unit

General Electric (GE) has changed its original strategy and will now aim to sell nearly half of its healthcare unit, GE Healthcare, according to GE CEO Larry Culp.

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.