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News You Need to Know Today
UnitedHealthcare owes Rad Partners $153M | Private equity M&A deal | Medicare beneficiaries oppose cuts
Thursday, October 19, 2023
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Today's News and Trends

UnitedHealthcare owes Radiology Partners affiliate $153.5M in underpayment dispute, arbitration panel rules

The preliminary award includes $134M in underpayment damages, $9M in prejudgment interest, and $2.2M in attorney fees, arbitrators confirmed. 

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Money court lawsuit judge ruling scales of justice
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UnitedHealthcare owes Radiology Partners affiliate $153.5M in underpayment dispute, arbitration panel rules

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Money court lawsuit judge ruling scales of justice
The preliminary award includes $134M in underpayment damages, $9M in prejudgment interest, and $2.2M in attorney fees, arbitrators confirmed. 
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Poll of Medicare beneficiaries shows ‘overwhelming’ opposition to cutting radiologist pay

More than three-quarters of those reached said they disagree with reducing reimbursement to rads under the 2024 fee schedule, RBMA and MITA reported Thursday. 

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Medicare money payment
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Poll of Medicare beneficiaries shows ‘overwhelming’ opposition to cutting radiologist pay

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Medicare money payment
More than three-quarters of those reached said they disagree with reducing reimbursement to rads under the 2024 fee schedule, RBMA and MITA reported Thursday. 
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Private equity firm says acquisition of imaging services provider creates 2nd largest such company in the US

Atlantic Street Capital is purchasing Brown’s Medical Imaging and plans to combine the company with previously acquired Prestige Medical Imaging.  

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Private equity firm says acquisition of imaging services provider creates 2nd largest such company in the US

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Atlantic Street Capital is purchasing Brown’s Medical Imaging and plans to combine the company with previously acquired Prestige Medical Imaging.  
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In Case You Missed It

Private equity-backed Solis Mammography saw earnings jump 25% last year, up to $54M

The Addison, Texas-based company was founded in 1986 and in 2018 sold a majority stake to private equity firm Madison Dearborn Capital Partners, which has pursued rapid expansion.

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profits revenue finance money
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Private equity-backed Solis Mammography saw earnings jump 25% last year, up to $54M

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profits revenue finance money
The Addison, Texas-based company was founded in 1986 and in 2018 sold a majority stake to private equity firm Madison Dearborn Capital Partners, which has pursued rapid expansion.
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Study claims high proportion of radiology researchers do not disclose industry ties

About 64% of study authors in one noted imaging journal did not disclose payments they received from industry entities, according to CMS's Open Payments database. 

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Study claims high proportion of radiology researchers do not disclose industry ties

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About 64% of study authors in one noted imaging journal did not disclose payments they received from industry entities, according to CMS's Open Payments database. 
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Radiopharmaceutical startup raises $56M in series A financing from GE HealthCare, Mayo Clinic

Nucleus RadioPharma will use the money to establish manufacturing facilities—with one located in Rochester, Minnesota, near Mayo—and build new technology for distribution.

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money-2724241_960_720.jpg
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Radiopharmaceutical startup raises $56M in series A financing from GE HealthCare, Mayo Clinic

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money-2724241_960_720.jpg
Nucleus RadioPharma will use the money to establish manufacturing facilities—with one located in Rochester, Minnesota, near Mayo—and build new technology for distribution.
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In Other News

4 ways to usher in ‘smooth scaling’ of generative AI

What does it take to scale the technology from a toe in the water to a full-on swim? 

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generative artificial intelligence AI
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4 ways to usher in ‘smooth scaling’ of generative AI

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generative artificial intelligence AI
What does it take to scale the technology from a toe in the water to a full-on swim? 
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FDA clears GE Healthcare’s new image-guided system for heart patients of all sizes

GE Healthcare's newest cardiac angiography offering will be on display at TCT 2023 in San Francisco. 

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Allia IGS Pulse, GE Healthcare's updated image-guided system for cardiac imaging, gained FDA clearance
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FDA clears GE Healthcare’s new image-guided system for heart patients of all sizes

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Allia IGS Pulse, GE Healthcare's updated image-guided system for cardiac imaging, gained FDA clearance
GE Healthcare's newest cardiac angiography offering will be on display at TCT 2023 in San Francisco. 
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Cardiologist and wife killed in car accident—colleagues say he ‘represented the very best in medicine’

Interventional cardiologist Alfred G. Valles, MD, was 50 years old at the time of the accident. According to colleagues, he "strived daily to achieve his vision for world-class care."

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Alfred G. Valles, MD, an interventional cardiologist being remembered by colleagues after a tragic accident
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Cardiologist and wife killed in car accident—colleagues say he ‘represented the very best in medicine’

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Alfred G. Valles, MD, an interventional cardiologist being remembered by colleagues after a tragic accident
Interventional cardiologist Alfred G. Valles, MD, was 50 years old at the time of the accident. According to colleagues, he "strived daily to achieve his vision for world-class care."
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