A total of 104 such portfolio companies went belly-up last year, representing a 174% increase over the 38 that filed in 2022, S&P reported. 

Radiology has been a common target in such efforts to reduce spending and prevent healthcare waste. But is such scrutiny warranted? 

The company recently made the “strategic decision” to exit equipment servicing and focus on its core business of parts, system sales and training. 

The American Medical Association called this a "critical first step" toward reforming the "broken" Medicare payment system. 

“This case highlights why academic radiology departments should proactively educate their faculty, trainees, and staff," two experts urged. 

RBMA President Kit Crancer said a lack of federal policy has driven 20 states to adopt laws requiring that insurance cover the costs. 

Portable Radiology Services' former President Thomas G. O’Lear contended that the pool should have contained anti-vax jurors like him. 

"We strongly urge the departments to establish and enforce penalties for noncompliance," ACR CEO William Thorwarth, MD, wrote to the administration.