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Highlights from RBMA's 2024 PaRADigm annual meeting in Las Vegas
Radiology and pathology unite to produce $1M in potential revenue enhancements to 1 provider
New CEOs joining Envision Healthcare, Iowa Radiology while top execs exit at GE HealthCare, Flywheel
GPT-4 can detect radiology report errors at the same rate as members of the specialty
Radiology Business Management Association names 2 new leaders to replace retiring Bob Still
Raleigh Radiology and Duke battle it out over state’s certificate-of-need law

The practice's mobile MR unit imaged nearly 2,400 patients in 2022, and leaders are projecting 94% growth by next year. 

money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.
RadNet closes more than $1B debt refinancing transaction

Leaders said previously that the publicly traded imaging provider will use the proceeds to fuel growth in Houston and elsewhere. 

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Abortion is an essential component of healthcare, majority of ACR Council rules

“We want the policy that governs access to healthcare in our country to be informed by the evidence,” supporter Geraldine McGinty, MD, MBA, told Radiology Business. 

Money
RapidAI approved for CMS add-on payment; algorithm pinpoints COVID-19, plus more vendor news

Also, ASNC launches new imaging app, Siemens partners with WakeMed, and Dyad Medical balloons its fundraising total. 

Artificial intelligence in private practice: 5 tips from imaging giant Radiology Partners

Collaboration is crucial to a winning implementation, RP’s associate chief medical officer of clinical AI wrote recently in JACR. 

Radiologists get reprieve after Senate, Trump finalize bill to extend Medicare loan repayment terms

Provider groups expressed relief Wednesday night following the bill’s final approval.

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Former FDA chiefs want White House to cease ‘deeply troubling’ interference in scientific matters

In particular, the former Food and Drug Administration commissioners are concerned about political meddling in the approval of a COVID-19 vaccine. 

Around the web

Cardiovascular Business
Medicare drops AUC requirement for advanced imaging, ASNC celebrates

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

Cardiovascular Business
Cardiology, radiology groups urge insurance provider to rethink imaging policy

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

Health IT

wallet purse broke bankrupt
Small practices left vulnerable after Change Healthcare cyberattack, with some considering bankruptcy
Google teams with Bayer to address radiologist burnout via AI
Hospital system data sharing initiative leads to 80% of patients accessing their imaging records
Large language models excel at simplifying radiology reports
Medical image-sharing startup PocketHealth raises $33M in series B financing
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Healthcare Management

Raleigh Radiology and Duke battle it out over state’s certificate-of-need law
RadNet closes more than $1B debt refinancing transaction
Abortion is an essential component of healthcare, majority of ACR Council rules
Private equity-backed radiology provider Solis Mammography inks joint venture deal with large hospital system
Private equity bankruptcies in healthcare explode 112% in 5 years
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Medical Imaging

For almost nine years since the adoption of the Protecting Access to Medicare Act (PAMA) established the requirement for appropriate use criteria (AUC) to receive payment for advanced diagnostic imaging, the American Society of Nuclear Cardiology (ASNC) has lobbying Congressional leaders change or repeal AUC mandate. Those efforts have paid off in the 2024 Medicare Physician Fee Schedule final rule, where AUC program has been paused and all of its regulations were rescinded. Photo by Dave Fornell.
Medicare drops AUC requirement for advanced imaging, ASNC celebrates
Bayer, Hologic unite to improve availability of contrast-enhanced mammography
Hologic, university settle lawsuit alleging radiology vendor infringed on mammography patent
Practice must pay $14M after table collapses under patient during imaging exam, jury rules
Semiautonomous AI shows potential to reduce false positives, unnecessary procedures and medical expenses
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Patient Care

CDC centers for disease control at HIMSS 2023.
CDC sounds the alarm on key factor keeping women from undergoing mammography
American College of Radiology adds 6 new topics to its influential imaging appropriateness criteria
Increased imaging utilization an ‘underrecognized’ facet of America’s substance use epidemic
Steadily declining mammography screening rates have hit a historic low, new data show
Radiology groups slam UnitedHealthcare decision they say was inspired by ‘science-harvesting mercenaries’
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Professional Associations

abortion law ban pregnancy dobbs
Abortion is an essential component of healthcare, majority of ACR Council rules
American College of Radiology Council votes to raise membership dues
Highlights from RBMA's 2024 PaRADigm annual meeting in Las Vegas
Radiology Business Management Association names 2 new leaders to replace retiring Bob Still
American College of Radiology lays off 11% of its workforce
MORE »
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