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.

Aching heads, bloated budgets: Headache neuroimaging spending on the rise

The commonality and cost of headache neuroimaging must be addressed nationally in order to reduce overuse and health care expenditures, according to a research letter published on Mar. 17 by JAMA Internal Medicine. 

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Survey: AdvaMed members feel pinch of medical device tax

A survey of member companies in the Advanced Medical Technology Association (AdvaMed) found that the companies are reporting the first year of the medical device excise tax resulted in a loss of jobs and restrained research and development.

Out with the old, in with the new for MRI purchases

In 2013, the average age of installed MRI scanners in the U.S. increased to 11.4 years, meaning many scanners are due for replacement, according to a report from market research and consulting firm IMV Medical Information Division.

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Understanding high prices

Two explanations are usually offered to explain variation in hospital prices within local markets. High prices are often associated with specialized, tertiary care hospitals with a unique mission, or the high-price hospital is exerting its market power in negotiation of prices with private payers.

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Differences between high- and low-price hospitals demystified; radical changes coming?

Intense and increasing pressure to control growth in private health insurance premiums may lead to radical approaches like state-based rate setting or restrictions on contracting arrangements between hospitals and health plans, according to a study published online Jan. 29 by Health Affairs.

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Navigating New Payment Models: A Survival Guide

As new healthcare payment models become a reality, what do radiologists need to know to be successful?

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Health spending growth in 2012 low for fourth consecutive year

The modest acceleration of Medicaid spending growth coupled with a slight slow in Medicare and private health insurance spending growth generated the fourth consecutive year of low overall health spending growth in 2012, according to an article published in the January 2014 issue of Health Affairs. 

Breast Imaging Cuts in Medicare Final Rule May Delay Diagnosis and Treatment and Increase Patient Anxiety

Drastic reimbursement cuts for image-guided breast biopsies and other medical imaging techniques in the 2014 Medicare Fee Schedule Final Rule may further reduce women’s access to mammography and other breast cancer services. The Centers for Medicare and Medicaid Services (CMS) directly cut imaging reimbursement every year since 2007. This, along with 12 Medicare imaging cuts in the last six years due to legislation, increasingly threatens patient care.

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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