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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A different utilization story: Study of privately insured shows uptick in imaging

The narrative on imaging utilization has typically been described as a meteoric rise in the middle of the last decade, but then a plateau and even a small drop in utilization in recent years. This may not be the whole story, however, as a study of imaging for commercially insured patients has found that a brief downturn in 2010 was followed by another increase in 2011.

Low value, high use: Claims data provide direct measure of overused services

A substantial proportion of Medicare beneficiaries, between 25 and 42 percent, are affected by the utilization of low-value services, including low-value imaging and cancer screening, according to a study published online May 12 in JAMA Internal Medicine.

The limits of big data and transparency

Earlier this month, the release of massive amounts of Medicare payment information jolted healthcare and spurred countless articles analyzing the payments being made to physicians.

Availability of imaging services scarce at critical access hospitals

There is an overall scarcity of access to imaging services at critical access hospitals (CAH) throughout the U.S., according to a study published online April 26 by the Journal of the American College of Radiology.

GAO: Advanced imaging accreditation likely no barrier to access

Following up on the effects of the Medicare Improvements for Patients and Providers Act of 2008 (MIPPA), a report from the Government Accountability Office (GAO) stated that a decline in advanced imaging services in recent years was likely driven by factors other than accreditation requirements.

Top 2% of docs account for one-quarter of Medicare payments

According to long-awaited data on Medicare payments, 2 percent of physicians received about $15 billion from Medicare in 2012, which equals roughly one quarter of total payments that year. 

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Not so fast

It seemed like there was a lot of optimism in the air this time regarding finding a permanent fix to the flawed sustainable growth rate (SGR) formula. After passing another temporary patch to avoid a payment cliff late last year, Congressional leaders seemed motivated to push for a long-term solution, and it felt like it might actually happen early in 2014.

Appropriateness criteria, ICD-10 delay part of temporary SGR patch

Despite hopes that early 2014 would finally see permanent repeal and replacement of the current flawed sustainable growth rate (SGR) formula, a looming deadline appears to have forced another temporary patch, as a 12-month SGR fix will go to a vote in the U.S. House of Representatives today.

Around the web

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.

The newly cleared offering, AutoChamber, was designed with opportunistic screening in mind. It can evaluate many different kinds of CT images, including those originally gathered to screen patients for lung cancer. 

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