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.

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.

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.

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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.

UK's NHS spent $150M outsourcing imaging scans to manage radiologist shortage

Last year, the NHS spent $150 million outsourcing patient scans to cope with the radiologist shortage, according to a 2017 clinical radiology U.K. workforce census report released Wednesday, Sept. 5, by the Royal College of Radiologists (RCR).

Arizona radiologist wins Republican primary in race for US House

History was made in Arizona last week as Steve Ferrara, MD, became the first radiologist congressional candidate to win a contested primary race, according to the American College of Radiology Association’s political action committee (RADPAC).

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Swiss start-up secures $14M for cost-friendly digital radiology system

Swiss-based medical equipment start-up Pristem recently secured more than $14 million to begin producing its digital radiology solution designed to bring technologically advanced medical imaging to low-income countries.

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20% of uninsured medical services in US are imaging related

New research from the University of Chicago found that 60 percent of Americans have been surprised to receive a medical bill that they thought would have been covered by insurance. Of these people, more than a third reported surprise charges were related to imaging services.

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Senate passes spending bill for HHS, NIH and black lung cancer screening

The U.S. Senate passed a $854 billion “minibus” bill on Thursday, Aug. 23, which includes funding for HHS and an amendment filed by Sen. Mark Warner, D-Virginia, to increase federal screening programs for the detection and treatment black lung disease in U.S. coal miners.  

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.