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.

Thumbnail

FDA reclassification proposal could ease approval process for CAD software

The FDA has proposed reclassifying medical image analyzers used in mammography for breast cancer, ultrasound for breast lesions, x-ray for lung nodules and x-ray for dental caries as class II medical devices instead of class III.

Thumbnail

Trump: Proposed tariffs on Chinese imports—including medical imaging equipment—are 'back on the table'

President Donald Trump announced on Tuesday, May 29, that proposed tariffs on $50 billion worth of Chinese imported goods, including medical imaging equipment, are back on the table.

Thumbnail

ACR elects Geraldine McGinty as 1st woman chair

Geraldine McGinty, MD, MBA, has been elected Chair of the American College of Radiology (ACR) board—the first woman named to the position in the history of the organization.

Thumbnail

Ruth Carlos named editor-in-chief of JACR

Ruth Carlos, MD, MS, will begin her new role in January 2019. She succeeds Bruce J. Hillman, MD, who founded the Journal of the American College of Radiology in 2004.

Thumbnail

NEMA estimates proposed Chinese tariffs at $2.25B, urges alternative measures in testimony

On Tuesday, May 16, the vice president of the National Electrical Manufacturers Association (NEMA) testified in front of an Office of the United States Trade Representative (USTR) committee, stating the proposed tariffs on Chinese imports would equate to $2.25 billion in taxes on many of its members, which include medical imaging device manufacturers.

Thumbnail

Survey: Hospitals consider outsourcing imaging to cut costs

A recent Black Book Market Research survey of administrators from 709 hospitals and inpatient organizations found medical imaging among the most popular services hospitals are considering outsourcing to save money.

Thumbnail

Kaiser: MRI price, availability, use are highest in US

The U.S. leads 22 comparable countries in MRI price, availability and use, according to a data report published by the Kaiser Family Foundation. The report was recently presented at a forum held by the Kaiser Family Foundation and the Peterson Center on Healthcare in Washington, D.C.

Thumbnail

Are imaging costs, utilization leading to increased spending in Massachusetts?

In 2015, Medicare spent $762.1 million on imaging services in Massachusetts, with per beneficiary spending 14 percent higher than the average state. A Boston Business Journal report suggests increased imaging costs and higher utilization of imaging services are to blame.

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.