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News You Need to Know Today
Best of the Week: Canary in the coal mine | ChatGPT passes board exam | HCA joint venture | Philips to pay $62M to SEC
Saturday, May 20, 2023
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This Week’s News

Envision bankruptcy could be 1st canary in the physician services coal mine, MD writer contends

The private equity-backed multispecialty group's failure could have "significant ripple effects" on radiology and other specialties, N. Adam Brown, MD, MBA, wrote recently. 

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Bankruptcy
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Envision bankruptcy could be 1st canary in the physician services coal mine, MD writer contends

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Bankruptcy
The private equity-backed multispecialty group's failure could have "significant ripple effects" on radiology and other specialties, N. Adam Brown, MD, MBA, wrote recently. 
READ MORE >

Philips will pay $62M to settle allegations of corruption

The accusations pertain to the Amsterdam-based corporation’s sales of diagnostic imaging equipment in China, the SEC announced May 11. 

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Philips Headquarters
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Philips will pay $62M to settle allegations of corruption

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Philips Headquarters
The accusations pertain to the Amsterdam-based corporation’s sales of diagnostic imaging equipment in China, the SEC announced May 11. 
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Latest version of ChatGPT AI passes radiology board exam

However, GPT-4 confidently delivered incorrect or irrelevant answers on some questions, according to new research in Radiology. 

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Rajesh Bhayana MD Toronto General Hospital in Toronto on ChatGPT passing radiology board.
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Latest version of ChatGPT AI passes radiology board exam

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Rajesh Bhayana MD Toronto General Hospital in Toronto on ChatGPT passing radiology board.
However, GPT-4 confidently delivered incorrect or irrelevant answers on some questions, according to new research in Radiology. 
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Radiology provider Envision Healthcare officially files for bankruptcy, hoping to cancel $5.6B in debt

The private equity-backed multispecialty group said that it has voluntarily entered into an agreement to restructure 60% of its obligations. 

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jim_retchin_envision_president_ceo.jpg
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Radiology provider Envision Healthcare officially files for bankruptcy, hoping to cancel $5.6B in debt

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jim_retchin_envision_president_ceo.jpg
The private equity-backed multispecialty group said that it has voluntarily entered into an agreement to restructure 60% of its obligations. 
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For-profit hospital giant HCA Healthcare touts joint venture with Envision Radiology

Clear Connect Medical Imaging will offer state-of-the-art technology, private dressing rooms and other modern amenities

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For-profit hospital giant HCA Healthcare touts joint venture with Envision Radiology

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Clear Connect Medical Imaging will offer state-of-the-art technology, private dressing rooms and other modern amenities
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Featured Articles

Remote radiologists prioritize financial gain when choosing reads: 2 possible fixes

An intense focus on RVU productivity may have unintended negative consequences, experts wrote in the Journal of Operations Management.

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Scan workflow WVU radiology
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Remote radiologists prioritize financial gain when choosing reads: 2 possible fixes

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Scan workflow WVU radiology
An intense focus on RVU productivity may have unintended negative consequences, experts wrote in the Journal of Operations Management.
READ MORE >

Radiologists received $370M in gifts, speaker fees and other perks in 5 years, but most went to top 5%

More than 91% of the total pot of money (or $338 million) was paid to this smaller group of radiologists, experts detailed Thursday in Academic Radiology. 

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physician money payments dollars
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Radiologists received $370M in gifts, speaker fees and other perks in 5 years, but most went to top 5%

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physician money payments dollars
More than 91% of the total pot of money (or $338 million) was paid to this smaller group of radiologists, experts detailed Thursday in Academic Radiology. 
READ MORE >

Rad Partners touts ‘dramatic’ MRI time reductions; Strategic Radiology adds practice, plus more company news

Also, radiologist joins state medical society representing small groups, and three LucidHealth rads honored as "top docs." 

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Rad Partners touts ‘dramatic’ MRI time reductions; Strategic Radiology adds practice, plus more company news

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Also, radiologist joins state medical society representing small groups, and three LucidHealth rads honored as "top docs." 
READ MORE >

US senators introduce legislation to strengthen payment for diagnostic imaging agents

The American College of Radiology, SNMMI and the Michael J. Fox Foundation, among others, voiced support for the FIND Act. 

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framework for regulating healthcare artificial intelligence
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US senators introduce legislation to strengthen payment for diagnostic imaging agents

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framework for regulating healthcare artificial intelligence
The American College of Radiology, SNMMI and the Michael J. Fox Foundation, among others, voiced support for the FIND Act. 
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Alzheimer’s drug could spur upward of $500M in new Medicare spending on imaging

Lecanemab requires a baseline PET scan and follow-up MRIs after infusions, spelling heavy demand for radiology services, experts wrote in JAMA. 

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brain money alzheimer dementia
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Alzheimer’s drug could spur upward of $500M in new Medicare spending on imaging

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brain money alzheimer dementia
Lecanemab requires a baseline PET scan and follow-up MRIs after infusions, spelling heavy demand for radiology services, experts wrote in JAMA. 
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‘We can do better’: Practices leaving money on the table, 2023 RBMA Accounts Receivable Survey shows

"To be brutally honest, even some of the 75th percentile numbers aren’t that great," Kyle Tucker, a member of RBMA’s Data Committee, told Radiology Business. 

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Hospital finance, Despite improving margins, hospitals face a long road to recovery from the COVID pandemic
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‘We can do better’: Practices leaving money on the table, 2023 RBMA Accounts Receivable Survey shows

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Hospital finance, Despite improving margins, hospitals face a long road to recovery from the COVID pandemic
"To be brutally honest, even some of the 75th percentile numbers aren’t that great," Kyle Tucker, a member of RBMA’s Data Committee, told Radiology Business. 
READ MORE >

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