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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Penn State College of Medicine creates new department of radiation oncology

Penn State College of Medicine announced, April 2, the creation of a new department of radiation oncology, naming Rickhesvar Mahraj, professor of radiology and pediatrics, as its interim chair.

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Access, affordability improved for cancer survivors during ACA implementation

A team of scientists found the percentages of cancer survivors unable to afford medication or incapable of receiving care dropped each year from 2010 to 2016—during the implementation of the Affordable Care Act (ACA).

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GE Healthcare selling software units for $1.05B

GE Healthcare has announced it will sell its revenue cycle, ambulatory care and workforce management software units to private equity firm Veritas Capital for $1.05 billion, following earlier plans for General Electric to sell assets and rumors the entire company could be broken up.

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Gates Foundation partnership to bring affordable, durable ultrasound to developing countries

Draper, a not-for-profit research and development company, announced an agreement with the Bill & Melinda Gates Foundation to bring ultrasound imaging systems to developing countries to help address high-risk pregnancies.

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Neck injury follow-up MRI may cost patients thousands in unnecessary exams

Unconscious patients suffering from blunt neck injuries may benefit more from a CT scan without a follow-up MRI, reducing excessive costs on imaging exams, according to a study led by Ajay Malhotra, MBBS, MD, associate professor of radiology and biomedical imaging at Yale.

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AHRA announces campaign to reach 6,000 members

The Association for Medical Imaging Management (AHRA) recently announced a new campaign to reach 6,000 members, according to an association press release.

Siemens Healthineers raises $5.2B with IPO

Siemens’ healthcare division, Siemens Healthineers, began trading on Germany’s stock exchange Friday, raising $5.2 billion (4.2 billion euros) by selling 15 percent of the company. Shares of were issued at 28 euros each but opened at 29.10 euros each.

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Report: 3 insights from the European Congress of Radiology 2018

The European Society of Radiology (ESR)’s annual meeting—the European Congress of Radiology (ECR) 2018—wrapped up on March 4th in Vienna. Signify Research, a healthcare consulting company published its takeaways in a March 12 report from principal analyst Steve Holloway.

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.