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.

New facility brings diagnostic imaging to high-deductible Indiana residents

Hancock Health, in Hancock County, Indiana, plans to build a 20,000-square-foot low-cost diagnostic imaging center for residents unable to afford imaging prices at the institution, according to the Greenfield Daily Reporter.

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Is colonoscopy or CT colonography more cost effective for colorectal cancer screening?

Traditional colonoscopy is considered standard in screening for colorectal cancer (CRC), but CT colonography offers an alternative that can be more patient friendly. A team of Dutch scientists set out to determine which method is more cost effective according to a new study published online Feb. 27 in Radiology.

National shortage of radiologists leaves Scotland’s NHS in crisis mode

Scotland’s National Health Service has been unable to fill dozens of radiologist positions across its nine branches, prompting a global search for qualified clinicians, the BBC reported this month.

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The elusive economics of enterprise imaging

What should radiology be expending, in manpower as well as money, to help make medical imaging accessible to and from every clinical department? And what’s in enterprise imaging for radiology, anyway?

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Elimination of ACA cost sharing fueled growth in mammography utilization

Eliminating cost sharing for mammography under the Affordable Care Act (ACA) resulted in an uptick in utilization of preventative cancer screening services by women, according to The New England Journal of Medicine.

Brexit may lead to loss of CE recognition, layoffs

More than 200 U.K. agencies that provide "CE" safety labels for MRI scanners may lose recognition in March 2019 due to Brexit, according to a recent article by The Guardian, leaving many specialized personnel out of a job.

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8 global ultrasound markets poised for strong 2018

The global ultrasound market is poised for a strong 2018 due in part to the expanded use of the imaging modality across medical specialties, along with projected growth in most major markets. Findings were published by Signify Research, an independent supplier of market intelligence to the global healthcare technology industry.

MITA joins AdvaMed, MDMA with letter to Congress urging solution to device tax

The Medical Imaging and Technology Alliance (MITA) joined the Advanced Medical Technical Association (AdvaMed) and the Medical Device Manufacturers Association (MDMA) in penning a combined letter to Congress urging a long-term solution to the medical device tax with the tax set to kick in at the end of the month.

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.