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.

Money talks: Florida imaging center rolls-out cash-pay process

Advanced Imaging Centers, an independent radiology group serving Floridas Lake and Sumter counties, has adopted a simplified cash-pay process designed to provide more pricing transparency and reach patients who believe they cannot afford care.

AHRQ: U.S. healthcare spending highly concentrated

One percent of the U.S. population accounted for 22 percent of all healthcare spending in 2009 while the lower spending half of the population accounted for only 2.9 percent, according to a report from the Agency for Healthcare Research and Quality (AHRQ).

CSC: Value-based reimbursement requires value-based decisions by patients

As the healthcare system abandons fee-for-service reimbursement models for the potential savings of value-based reimbursement models, IT services firm CSC suggested that incentives for patients and providers need to more closely resemble each other for the transition to work.

JACR: Insurance status doesnt affect inpatient imaging access

Insurance status doesnt affect the quantity or value of imaging services received by patients in a hospital in-patient setting, according to a study appearing in the January issue of the Journal of the American College of Radiology (JACR).

CMS: Healthcare spending growth stays low in 2010

Historically low aggregate healthcare spending growth of 3.8 percent in 2009 continued into 2010 when it increased only 3.9 percent, according to researchers from the Centers for Medicaid & Medicare Services (CMS), who attributed the recent pattern of low growth to decreased consumption following the recession of the late-2000s.

Medical home model saves N.C. nearly $1B

The North Carolina Department of Health and Human Services has reportedly saved $984 million through fiscal years 2007 and 2010 by enrolling 1.1 million of the states Medicaid beneficiaries in medical homes, according to an analysis commissioned by the state legislature.

JACR: Radiology faces a slew of economic, political challenges in 2012

The transition to a new year lends itself to reflection on the past and preparation for the future, and an article in the January issue of the Journal of the American College of Radiology takes the opportunity to do both by looking back on ACRs 2011 Annual Meeting and Chapter Leadership Conference (AMCLC) where a major topic of conversation was the challenges facing radiology heading into an uncertain future.

Siemens axes 1,000 jobs in diagnostics unit

Siemens, the Munich-based conglomerate, is planning to cut up to 1,000 jobs in its healthcare division.

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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