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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Lung cancer screening guidelines may be inadequate for minorities, underrepresented populations

Current lung cancer screening guidelines, developed based on results from a 2011 study, may be inadequate for high-risk minorities and those in underrepresented communities, researchers at the University of Illinois at Chicago reported in a JAMA Oncology study.

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North Carolina MD's affordable MRI center prohibited by state legislation

After Gajendra Singh, MD, was quoted $1,200 for an ultrasound at his local hospital’s outpatient department, he decided to open his own low-cost imaging center in Winston-Salem, North Carolina. But that’s where his problems began, Vox reported.

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Report: Radiologists offered average $371K base salary, rank 5th as most requested medical specialty

National healthcare search and consulting firm Merritt Hawkins released its 2018 Review of Physician and Advanced Practitioner Recruiting Incentives, which listed radiology as the fifth most requested medical specialty searched in fiscal year 2017-2018, up from 10th in the previous year's report.

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MITA backs House repeal of medical device tax, calls for Senate action

The Medical Imaging & Technology Alliance (MITA) voiced its support for the U.S. House of Representative’s vote to repeal the 2.3 percent medical device tax and called on the Senate to follow suit.

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House permanently repeals 2.3% medical device tax

The U.S. House of Representatives voted to repeal the 2.3 percent medical device tax that was implemented as part of the Affordable Care Act. The House voted 283 to 132, with 57 Democrats joining Republicans.

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Draft bill may delay implementation of USPSTF breast cancer screening recommendations to 2021

The U.S. House Appropriations Committee may further delay implementation of the 2009 U.S. Preventative Services Task Force (USPSTF) breast cancer screening recommendations another year with draft legislation approved July 12.

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Bill Gates pledges $30M for early Alzheimer’s research

Microsoft co-founder Bill Gates joined a handful of wealthy donors, July 17, saying he will pledge more than $30 million over three years to advance research aimed at early Alzheimer’s detection.

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5 imaging issues addressed by state legislatures in 2018

The American College of Radiology (ACR) tallied nearly 600 “radiology-relevant” bills that have appeared in state legislatures in the fiscal year which ended June 30, 2018.

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.