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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AHRA 2017 preview: Compete now or pay later

In the business world, it’s a given that competition is good for consumers. Battles over market share tend to drive quality up, push prices down and spawn new products and services. When it comes to healthcare, however, some see competition as a dirty word. Shouldn’t caring for patients be closer to a public service than a commercial enterprise? On some levels, absolutely—but not on every level, suggests David Partridge.

Imaging looms large as Minnesota mulls the high cost of low-value care

The Minnesota Department of Health has determined that, in 2014, North Star Staters spent at least $55 million on procedures considered “low value” by Choosing Wisely criteria—and some 92,000 of those procedures were imaging exams.

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Common back-pain therapy may work—but it doesn’t save on imaging or other costs

Judging by thousands of insurance claims, spinal manipulation does little to tamp down the overall costs of treating low-back pain. Further, the popular therapy is often preceded by costly and unnecessary imaging exams.

Welcome mat rolls out for tomorrow’s technologists in Northern Cal

Opportunities for individuals thinking about becoming medical-imaging technologists are opening up in Northern California, where demand is increasing and the Gurnick Academy of Medical Arts has begun offering certificate and two-year associate degrees from a new campus in in Sacramento County.

Siemens explores separation for $15 billion healthcare division

Siemens CFO Ralf Thomas expressed the company's continued interest in splitting off Siemens Healthineers, its healthcare division. He said Siemens is exploring three potential paths: a spinoff, an initial public offering or a reverse merger with a public company.

MITA commends congressmen Costello, Peters for bipartisan legislation

Congressmen Ryan Costello, R-Pennsylvania, and Scott Peters, D-California, were commended by the Medical Imaging & Technology Alliance (MITA) for introducing bipartisan legislation to ensure consistency in regulation for the proper servicing of medical devices.

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5 tips for radiology managers pursuing MACRA success

CMS’s Quality Payment Program (QPP), which went live with the 2015 enactment of MACRA, represents the biggest single development in U.S. healthcare since President Lyndon Johnson signed Medicare and Medicaid into law in 1965.

Trade group: Old imaging equipment is undermining patient safety across Europe

Around a quarter of the CT installed base in Europe is so outdated that it can’t be upgraded with the latest advances in, for example, radiation dose-management and reiterative reconstruction. 

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.