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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ACR presents 24 CPT code recommendations at RUC meeting

The American College of Radiology (ACR) offered 24 Current Procedural Terminology (CPT) codes for valuation during the October 2018 American Medical Association (AMA) Relative Value Scale Update Committee (RUC) meeting in Chicago.

Downstream cost of incidental pancreatic cysts on MRI average $460 per finding

Researchers estimated the average downstream cost of incidental pancreatic cysts identified on MRI at $460 per finding, according to an Oct. 9 study published in the American Journal of Roentgenology. It may suggest a need for targeted efforts to promote greater guideline adherence.

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Authentic4D announces $5M in funding

Authentic4D, a Detroit, Michigan-based company focused on medical imaging review technology, announced this week that it has raised $5 million to enhance its analytics platform. The funds will also go toward expanding the company’s sales and service capabilities.

California vetoes breast and ovarian cancer screening bill

California Gov. Jerry Brown has vetoed the state’s breast and ovarian cancer screening legislation, AB 2342.

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MITA shows support of new radiopharmaceutical legislation

The Medical Imaging & Technology Alliance (MITA) has issued a statement in support of the recently introduced Medicare Diagnostic Radiopharmaceutical Payment Equity Act of 2018 (H.R. 6948).

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SNMMI, ACNM submit comments on 2019 HOPPS proposed rule

The Society of Nuclear Medicine and Molecular Imaging (SNMMI) and the American College of Nuclear Medicine (ACNM) have submitted a letter to CMS in response to the 2019 Hospital Outpatient Prospective Payment System (HOPPS) proposed rule, sharing recommendations and concerns with the agency.

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Trump administration plans to scale back radiation regulation, will impact medical imaging and nuclear work sites

Scientific experts are worried that the Environmental Protection Agency (EPA) pursuing rule changes could weaken the way radiation exposure is regulated in the U.S., according to a report published Oct. 3 by The Associated Press.

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ACR updates Appropriateness Criteria for diagnostic imaging, interventional radiology

The American College of Radiology (ACR) released an update to the ACR Appropriateness Criteria on Monday, Oct. 1. The update includes 179 diagnostic imaging and interventional radiology topics with 898 clinical variants covering more than 1,560 clinical scenarios.

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Around the web

Cardiovascular Business
Positron partners with Upbeat Cardiology Solutions to improve cardiac PET/CT access

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

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

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.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

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.