Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

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.
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.
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.
Radiology and pathology unite to produce $1M in potential revenue enhancements to 1 provider
Physicians with the University of Texas Medical Branch made their case for such an approach at the Radiology Business Management Association’s annual meeting in Las Vegas on Monday.

MRI product developer raises $30M in series A financing, plus more vendor fundraising news

Other imaging-related startup companies recently raising $4.9M or more include Altis Labs, BrainTale, Leadoptik and Hypervision Surgical.

June 26, 2023

Fitch Ratings adds Radiology Partners to list of top companies at risk of a debt default

Meanwhile, the agency has removed radiology provider Envision Healthcare from the same list following its recent bankruptcy filing.

June 23, 2023

S&P upgrades RadNet’s credit rating, citing ‘disciplined financial policy and growth agenda’

The boost comes after the Los Angeles-based imaging center chain recently closed a $259M public stock offering, with a sizable chunk earmarked for expansion initiatives.

June 23, 2023

Radiologist developing $250M medical campus that includes spot for his imaging group

John Tentinger, MD, said he has been working on the deal for about a decade, purchasing the 25-acre piece of land for $5.5M.

June 22, 2023

Radiologists read across an average of 5 subspecialties but aren’t always confident doing so

About 40% of rads said they accept studies across all areas of expertise. Yet, less than half are “very confident” reading them.

June 22, 2023

A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

Troubled imaging AI company files for chapter 11 bankruptcy

The publicly traded, Deerfield, Illinois-based vendor plans to pursue an auction of its assets through court proceedings, leaders announced Tuesday.

June 21, 2023

Surprise-billing legislation took away Envision Healthcare’s ‘secret sauce,’ health economist says

Eileen Appelbaum, PhD, spoke during the Take Back Medicine summit, focused on the theme of “reclaiming medicine from corporate interests.”

June 20, 2023

GE has completed the spinoff of its healthcare business, and GE HealthCare began trading as its own entity on the Nasdaq Jan. 4. Stock Market

RadNet closes public stock offering after raising $259M or 48% more than original ask

The Los Angeles-based imaging center operator sold a total of 8,711,250 shares of its stock at $29.75 apiece.

June 19, 2023

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.

Cardiovascular Business

Radiology AI company gains FDA clearance for new CT offerings focused on PE, stroke

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

Economics

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

American College of Radiology Council votes to raise membership dues

Riverside Radiology Medical Group joins growing independent practice coalition

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

Around the web