Business
Wide Variation in Imaging Prices
Revenue — it’s all over the news right now — from the No Surprises Act to the Hospital Price Transparency rule. Pricing for some “shoppable” radiology services varies significantly from one facility to another. The Hospital Price Transparency rule went into effect on January 1, 2021. The rule requires hospitals to provide “clear, accessible pricing…
Read MoreAHIP and BCBS Association File Amicus Briefs in Support of the No Surprises Act
The Blue Cross Blue Shield Association and America’s Health Insurance Plans (AHIP), two groups representing payers, submitted amicus briefs backing the U.S. Department of Health & Human Services (HHS) against a lawsuit filed by the Texas Medical Association, which take exception to portions of the No Surprises Act. The Texas Medical Association brought a suit…
Read MoreDiagnostic Radiology Experienced 44% Decline in Medicare Reimbursement over Last 10 Years
Diagnostic radiology has experienced a 44% Medicare reimbursement reduction over the past 10 years. Medicare reimbursements for diagnostic radiology began declining with the passage of the Deficit Reduction Act (DRA) of 2006. Recent research led by Derrek Schartz, MD of the Department of Imaging Sciences at the University of Rochester, showed that adjusting for inflation…
Read MoreStudy Finds Minority Children Receive Less Advanced Imaging In The ED
A recent study found African American and Hispanic children get fewer tests than Caucasian children concerning x-ray, CT, ultrasound, and MRI. This study found that when white children went to the emergency department, they were more likely to receive advanced imaging during their visit in comparison to African American or Hispanic children. This evidence points…
Read MorePandemic Causes More Americans To Choose Medicare Plans
A 9% increase in the number of Medicare beneficiaries who enrolled last year clearly shows effects of the pandemic and economy on American society. 36% of the 67.7 million Medicare beneficiaries in the US are enrolled in a Medicare Advantage plan this year, based on preliminary open enrollment data collected from October to December, 2020.…
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