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.

Michigan has become the 20th state to opt out from federal regulations that require physician supervision of certified registered nurse anesthetists (CRNAs). The move was made to ensure access to value-based, high-quality care across the state, but it is being opposed by the Michigan Society of Anesthesiologists (MSA) and several other physician groups. Image from the American Association of Nurse Anesthesiology (AANA)

Michigan opts out of federal physician supervision of nurse anesthetists

Michigan has become the 20th state to opt out from federal regulations that require physician supervision of certified registered nurse anesthetists. The move is being opposed by anesthesiologists and several other physician groups. 
 

May 26, 2022
Iodine contrast being loaded into a contrast injector in preparation for a cardiac CT scan at Duly Health and Care in Lisle, Illinois. The contrast shortage is causing some healthcare organizations to postpone exams and procedures and ration contrast supplies. Photo by Dave Fornell

ACR working with FDA and HHS to help address imaging contrast shortage

The American College of Radiology (ACR) announced this week its government relations staff has been engaging federal agencies in an effort to improve product availability and hasten resolution of the ongoing iodine contrast shortage.

May 26, 2022
Radiology job market update. More than two years after the onset of the pandemic, changes in COVID-related policies and postures — as well as accompanying cultural shifts in the workplace — continue to drive trends in the job market for radiologists. In 2022, things look markedly different than during the early stages of the pandemic and it’s clear that radiologist job seekers now have many options and greater workplace flexibility.

2022 Radiologist Job Market Update: High volume, high pay and a search for high quality of life

Sponsored by vRad

More than two years after the onset of the pandemic, changes in COVID-related policies and postures — as well as accompanying cultural shifts in the workplace — continue to drive trends in the job market for radiologists.

May 25, 2022
A comparison between a traditional iodine contrast angiogram (left), and a gadolinium contrast angiogram (right). MRI gadolinium contrast is starting to be used in some interventional radiology procedures and is being considered in interventional cardiology due to the iodine contrast shortage.

Gadolinium can be used as substitute for iodine contrast in some interventional imaging procedures

Gadolinium might be an alternative, stop-gap solution for interventional procedures during the current iodine contrast shortage.

May 23, 2022
Pulsenmore portable tele-ultrasound device

GE Healthcare invests $50M in handheld tele-ultrasound device

The device is a novel self-operated prenatal home ultrasound solution that enables pregnant women to self-scan for remote clinical assessment by their healthcare provider when the device is combined with their smartphone.

May 19, 2022
A medical professional trained to manage contrast reactions should be on-site at any imaging facilities doing contrast studies to maintain patient safety, according to a an updated statement from the American College of Radiology. The ACR has released the latest edition of the ACR Appropriateness Criteria, which includes 221 diagnostic imaging and interventional radiology topics with more than 1,050 clinical variants covering 2,900 clinical scenarios. #ACR #AUC #appropriateuse

Addressing contrast media shortage in the short, mid and long term

“We need to commit to changing the supply chain so that a single event in a faraway country does not put us in this predicament again," experts wrote in a new special report shared by Radiology.

May 19, 2022
With the shortage, which pertains specifically to all formulations and concentrations of GE Healthcare’s Omnipaque (iohexol), expected to last until mid-June, several organizations have eluded that conservation efforts are of critical importance.#contrastshortage #CTcontrast #iodinatedcontrast

GE provides update on contrast media shortage

The COVID lockdowns at the Shanghai plant began on March 31, and although the plant there has since resumed operations, they are not yet at 100% capacity.

May 18, 2022

American Hospital Association strikes back on labor report

A recent article from The Wall Street Journal failed to capture the full scale of rising expenses for hospitals, the AHA said in a recent statement. 

 

May 18, 2022

Around the web

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”

Alison Bailey, MD, co-chair of the business of cardiology sessions at ACC.24, emphasized that reimbursement cuts can have a long-term negative impact on patient. 

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