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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Ohio system invests $10M for IBM Watson PACS upgrade

Cincinnati-based TriHealth announced a $10 million investment to adopt IBM Watson’s Health Enterprise Imaging Portfolio, reports the Cincinnati Business Courier.

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Early MRI referrals not cost-effective in patients with knee pain

A group of Dutch researchers found a general practitioner’s MRI referral for patients with traumatic knee symptoms led to increased healthcare costs without any improvement in outcomes, according to a study published in Radiology.

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Radiologists average $401K a year, ranking 5th among specialists

Radiologists make an average of $401,000 a year, ranking as the fifth highest compensated medical specialists, according to Medscape's Physician Compensation Report 2018, which compiled survey results from more than 20,000 physicians in 29 clinical specialties.

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DOJ ruling impedes disabled patients' access to imaging services

A decision made by the U.S. Department of Justice (DOJ) to formally withdraw four Advance Notices of Proposed Rulemaking related to Titles II and III of the Americans with Disabilities Act (ADA) has halted national efforts to ensure individuals with disabilities have access to medical diagnostic equipment, including medical imaging equipment.

Want to lower imaging energy costs? Start by understanding the bill

Medical imaging devices require large amounts of energy, and that costs money. A recent blog post by the Association for Medical Imaging Management (AHRA) examined what leaders need to know about how they are billed for energy and what facilities can do to cut costs.

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2 CT exams, 2 very different prices: 1 costs 33 times more than the other

Just because a patient receives two imaging exams that are exactly the same doesn't guarantee the billing will match. A Florida man had first-hand experience with this—being charged 33 times more for a second CT scan than his first, according to an April 9 article in NPR's "Bill of the Month" series.

RadNet acquires 5 imaging centers to expand California footprint

RadNet recently expanded its California footprint by acquiring five imaging centers in the Fresno area, making it the leading non-hospital-based outpatient imaging operator in the region, according to an April 6 release.

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Trump proposes tariffs on a host of Chinese imports—including medical imaging equipment

In what some are calling the early stages in a trade war between the world’s two largest economies, the U.S. government has announced plans to place tariffs on more than 1,000 products imported from China—including medical imaging equipment.

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.