News

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.

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

abortion law ban pregnancy dobbs

“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

Solis Mammography

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

Money bankruptcy debt liquidation

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

American College of Radiology ACR

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

mergers and acquisitions M&A puzzle

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.

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. 

More than 16% of eligible individuals get screened for lung cancer in Massachusetts. Only 1% do so in California. The national average is unfortunately closer to the latter extreme, at 5.8%.

Amazon is acquiring One Medical in a $3.9 billion deal

Cloud giant Amazon Web Services is expanding its 1½ -year-old HealthLake data-management service in two imaging-specific directions. In the process it’s drawing vocal buy-in from healthcare providers as well as imaging vendors.

In an increasingly complex and demanding world for radiologists—one in which the word “burnout” is so common that it’s almost become cliché—healthcare IT companies have the unique responsibility and opportunity to ease radiologists’ burdens by rising to address these momentous challenges.

Business Men Handshake

An imaging industry supplier best known for a widely adopted radiology reporting platform is partnering on radiological artificial intelligence with a company that pioneered GPUs and accelerated computing.

Around the web

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

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

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