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News You Need to Know Today
Practice Management | June 2023: Operating costs are up | Significant cyberattack | Factors that influence patient experience
Wednesday, June 14, 2023
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Editor's Choice: Practice Management

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. 
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Interventional radiology among 4 specialties with the greatest growth in claims volume since 2018

The specialty saw an 83% uptick in billing between 2018 and 2022, publicly traded data and analytics firm Definitive Healthcare reported. 

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Starting salaries for specialist physicians have mostly increased over the last year. Demand for those specialists is also on the rise. What are doctors paid? What is the average salary of a doctor, physician?
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Interventional radiology among 4 specialties with the greatest growth in claims volume since 2018

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Starting salaries for specialist physicians have mostly increased over the last year. Demand for those specialists is also on the rise. What are doctors paid? What is the average salary of a doctor, physician?
The specialty saw an 83% uptick in billing between 2018 and 2022, publicly traded data and analytics firm Definitive Healthcare reported. 
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Radiology practice suffers ‘significant’ cyberattack

Medford Radiology was left unable to see or report on images and was still assessing the scope of the attack as of May 30. 

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Radiology practice suffers ‘significant’ cyberattack

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Medford Radiology was left unable to see or report on images and was still assessing the scope of the attack as of May 30. 
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Important factors that influence radiology practices’ patient experience scores

Mayo Clinic researchers administered their survey to 3,636 patients who underwent outpatient MRI exams, sharing the results in JACR. 

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Important factors that influence radiology practices’ patient experience scores

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Mayo Clinic researchers administered their survey to 3,636 patients who underwent outpatient MRI exams, sharing the results in JACR. 
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One-fourth of practices say operating costs are up, with 93% facing clinical staffing shortages

Another 80% of physicians believe such challenges are worse than they were in 2022, according to survey data from ASTRO. 

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business money suit investor
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One-fourth of practices say operating costs are up, with 93% facing clinical staffing shortages

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business money suit investor
Another 80% of physicians believe such challenges are worse than they were in 2022, according to survey data from ASTRO. 
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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 >

Radiology practice sues broker for allegedly letting insurance lapse the same day it suffered a cyberattack

Raleigh Radiology is seeking $1 million-plus in damages, alleging that Arthur J. Gallagher & Co. failed to renew its cyber liability insurance ahead of a ransomware attack. 

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Radiology practice sues broker for allegedly letting insurance lapse the same day it suffered a cyberattack

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Raleigh Radiology is seeking $1 million-plus in damages, alleging that Arthur J. Gallagher & Co. failed to renew its cyber liability insurance ahead of a ransomware attack. 
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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. 
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Risk model helps radiologists predict whether patients will experience contrast-associated injury after CT

The study represents the largest and most comprehensive investigation of contrast-associated acute kidney injury in patients with cancer. 

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Damaged Organ
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Risk model helps radiologists predict whether patients will experience contrast-associated injury after CT

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Damaged Organ
The study represents the largest and most comprehensive investigation of contrast-associated acute kidney injury in patients with cancer. 
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Radiology data analytics vendor Quinsite raises $5.5M in series A financing

The funds will fuel growth initiatives and expansion in other specialties such as pathology, anesthesiology, orthopedics and emergency medicine. 

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Money
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Radiology data analytics vendor Quinsite raises $5.5M in series A financing

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Money
The funds will fuel growth initiatives and expansion in other specialties such as pathology, anesthesiology, orthopedics and emergency medicine. 
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Adopting paid family and medical leave in radiology: 7 considerations

“Paid FML is increasingly being recognized as an important issue in medicine," radiologists wrote recently in AJR. 

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ACR: FDA evidence backing thyroid monitoring in peds after ICM use is 'weak' #contrast #FDA #contrastshortage
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Adopting paid family and medical leave in radiology: 7 considerations

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ACR: FDA evidence backing thyroid monitoring in peds after ICM use is 'weak' #contrast #FDA #contrastshortage
“Paid FML is increasingly being recognized as an important issue in medicine," radiologists wrote recently in AJR. 
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