News

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.

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.

Private equity-backed radiology provider Solis Mammography inks joint venture deal with large hospital system

The “nation's largest independent provider of specialized breast health services” is teaming with Northwest Healthcare to expand imaging offerings in the Tucson region.

Private equity bankruptcies in healthcare explode 112% in 5 years

According to the Private Equity Stakeholder Project, 21% of all healthcare bankruptcies in 2023 involved organizations owned by financial firms.

American College of Radiology Council votes to raise membership dues

Active national physician member dues will increase by about $90, with a smaller modification for young rads and medical physicists.

Riverside Radiology Medical Group joins growing independent practice coalition

The organization is the 38th to join Strategic Radiology and third in California, leaders announced on Wednesday.

Radiology Business Management Association (RBMA) President Christopher (Kit) Crancer, senior vice president of radiology and public policy partnerships, and executive director of the Rayus Quality Institute, explains the highlights from the 2024 RBMA meeting.

Highlights from RBMA's 2024 PaRADigm annual meeting in Las Vegas

Radiology Business Management Association (RBMA) President Christopher Crancer shared some early highlights from the group's 2024 PaRADigm annual meeting in Las Vegas. "We have a very engaged membership," he said.

S&P downgrades radiology vendor Zotec Partners after losing its largest customer

The Carmel, Indiana-based revenue cycle management provider holds some $307M in loans that are due within a year but has struggled to refinance.

artificial intelligence AI deep learning ChatGPT OpenAI Microsoft Google

AI dramatically reduces radiologists’ rate of missed incidental pulmonary embolism on routine CT

The commercial software also reduced the median detection and notification time for incidental PE in flagged scans from “several days” down to just 1 hour.

Image depicting gap between genders in pay

Female radiologists earn about 81% of what their male counterparts collect

Women also worked an average of 8% fewer days per year, which does not fully account for the gender pay gap, experts wrote recently.

Radiology society sues Marriott, claiming hotel giant breached contract tied to its annual meeting

The American Roentgen Ray Society is seeking $665,523 in damages along with any related attorneys’ fees, according to the complaint.

Around the web

Health Exec

Private equity bankruptcies in healthcare explode 112% in 5 years

According to the Private Equity Stakeholder Project, 21% of all healthcare bankruptcies in 2023 involved organizations owned by financial firms.

Health Imaging

Bayer, Hologic unite to improve availability of contrast-enhanced mammography

The two companies have partnered on a new FDA-cleared CT injection system for the early detection of breast cancer.

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.