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.

Critical Issues Facing the Profession of Radiology: An ACR Perspective: 11.28, 8:30am-10am

Representatives from the American College of Radiology (ACR) delve into major issues facing radiology today, what steps the ACR is taking to address the issues and the details of political advocacy.

Shaping your Future Practice: ACOs and Practice Development: 11.27, 5pm-6pm

Designed to help attendees understand the concept of the accountable care organization (ACO), this session addresses the delivery model and how it will influence the practice of medical imaging. Speakers also will explore licensure, reimbursement and position responsibilities of the radiologist assistant.

Saving Our Profession: How Rads Can Thrive in Era of Healthcare Reform: 11.27, 2pm-3:30pm

With policymakers scrutinizing imaging and competition continuing to escalate, independent imaging practices face the risk of extinction. A trio of experts presents and assesses the challenge and possible solutions.

Healthcare Economics: The dismal science?

In the Victorian era, economics was dubbed the dismal science. A century and a half later, economics, particularly in the healthcare space, is far from dismal. More appropriate adjectives that spring to mind include essential, gripping and contentious. The healthcare economics lineup for the 97th Annual Meeting & Scientific Assembly of the RSNA reflects its pre-eminent role in radiology today. Scroll down for Health Imaging's top picks for RSNA sessions in healthcare economics and be sure to subscribe to our monthly economics portal to stay on of these issues.

AJR: Radiology to see fewer independent practices, more commoditization

Over the next decade, new radiologists will be starting on career paths that look quite different from the paths of todays radiologists, and they will potentially face a future that trends toward increased commoditization of radiology services, according to a web exclusive article published in the American Journal of Roentgenology.

NEJM: Shift from 'patient' to 'consumer' undermines medicine

Medical terminology since the age of healthcare reform has shifted from a vocabulary such as vasospasms and angina to an entirely new language that turns patients into customers or consumers and doctors into "providers," according to a perspective published Oct. 13 in the New England Journal of Medicine.

AJR: How to stop worrying and love the ACO model

An expert panel considered the role of radiologists in reducing healthcare costs and offered strategies for responding to the accountable care organization (ACO) model during a Masters of Radiology discussion. An article based on the transcript of the discussion appeared in the October issue of the American Journal of Roentgenology.

AIM: Annual bill for unnecessary tests reaches $6.7B

Researchers at Mount Sinai School of Medicine have analyzed the Top 5 overused clinical activities for primary care physicians and found that $6.7 billion was spent in one year performing unnecessary tests or prescribing unnecessary medications in primary care. Although imaging dominated the Top 5 list, the recommendations published online Oct. 1 in the Archives of Internal Medicine focused on curbing brand name statin prescriptions, which accounted for 86 percent of the cost.

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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