Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.
Despite this dire need, there is wide variability in such processes, including the timing, setting, tools utilized and interpretation of the results, according to new research.
PE sponsors announced or closed about 158 transactions in the first quarter (including five in imaging), a “downward trend even from 2023’s sluggish pace,” Pitchbook reports.
Hospital group Intermountain hoped to sell Saltzer Health but instead opted to shutter the physician group while retaining its imaging center in Meridian, Idaho.
Findings are based on an analysis of 135 teleradiology malpractice cases and 3,474 more in regular radiology, conducted by Harvard Medical School and published in Radiology.
Meanwhile, Moody's also recently issued a credit upgrade for the Los Angeles-based company, highlighting its "healthy" organic growth and "very good" liquidity.
A physician at the Atlanta-based firm purportedly spent as few as 30 seconds reviewing reports prepared by overseas readers who weren’t permitted to practice medicine nor bill government healthcare programs.
Clarkston, Washington-based TriState Health had worked with Twin Cities Radiology for 25 years, with the practice ending the relationship due to retirement.
"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.