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News You Need to Know Today
Best of the Week: RadNet enters Walmart | 4 key trends at RSNA | Moody's downgrades Rad Partners | Hidden burnout cause
Saturday, December 9, 2023
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This Week’s News

RadNet inks deal to open diagnostic imaging centers in multiple Walmart locations

The two giants in their respective industries plan to debut the first “MammogramNow” clinic Dec. 8 at the supercenter in Milford, Delaware. 

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Along with X-rays, the new Walmart in-store Walmart Health clinics will also offer primary care, lab work, EKGs, behavioral health, dental, optical, and hearing services, all for a flat fee, the retailer reported. 
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RadNet inks deal to open diagnostic imaging centers in multiple Walmart locations

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Along with X-rays, the new Walmart in-store Walmart Health clinics will also offer primary care, lab work, EKGs, behavioral health, dental, optical, and hearing services, all for a flat fee, the retailer reported. 
The two giants in their respective industries plan to debut the first “MammogramNow” clinic Dec. 8 at the supercenter in Milford, Delaware. 
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4 key trends in radiology at RSNA 2023

The rapidly growing shortage of radiologists and technologists was by far the biggest concern discussed across the Radiological Society of North America meeting.

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Large crowd in the recruiters row on the RSNA expo floor. There was a record number of recruiters at RSNA this year as the radiologist shortage begins to hurt many healthcare systems. The shortage was also brought up in nearly all discussions Radiology Business has at RSNAS 2023. #RSNA #RSNA23 #RSNA2023
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4 key trends in radiology at RSNA 2023

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Large crowd in the recruiters row on the RSNA expo floor. There was a record number of recruiters at RSNA this year as the radiologist shortage begins to hurt many healthcare systems. The shortage was also brought up in nearly all discussions Radiology Business has at RSNAS 2023. #RSNA #RSNA23 #RSNA2023
The rapidly growing shortage of radiologists and technologists was by far the biggest concern discussed across the Radiological Society of North America meeting.
READ MORE >

Moody’s downgrades Radiology Partners, citing ‘very high leverage’

Analysts said the decision reflects increasing risk for RP, which faces forthcoming debt maturities and the chance it may need to execute a distressed exchange. 

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money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.
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Moody’s downgrades Radiology Partners, citing ‘very high leverage’

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money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.
Analysts said the decision reflects increasing risk for RP, which faces forthcoming debt maturities and the chance it may need to execute a distressed exchange. 
READ MORE >

Radiology groups express ‘profound objection’ to Cigna policy change

“It is our firm belief that such a classification does a disservice to patients," the American Society of Neuroradiology, Society for Interventional Radiology and others wrote recently. 

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Cigna, one of the nation’s largest health insurance providers, announced new priorities for its capital deployment, including steering an additional $450 million into Cigna Ventures.
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Radiology groups express ‘profound objection’ to Cigna policy change

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Cigna, one of the nation’s largest health insurance providers, announced new priorities for its capital deployment, including steering an additional $450 million into Cigna Ventures.
“It is our firm belief that such a classification does a disservice to patients," the American Society of Neuroradiology, Society for Interventional Radiology and others wrote recently. 
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Radiologist highlights a potential hidden cause of physician burnout

UCLA's Dieter R. Enzmann, MD, detailed his thesis in a perspective piece published in Academic Radiology. 

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Radiologist highlights a potential hidden cause of physician burnout

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UCLA's Dieter R. Enzmann, MD, detailed his thesis in a perspective piece published in Academic Radiology. 
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Featured Articles

House lawmakers advance bill to blunt radiologist pay cut in 2024

Several MD members of Congress are co-sponsoring the “Physician Fee Schedule Update and Improvements Act." 

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artificial intelligence regulation legislation
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House lawmakers advance bill to blunt radiologist pay cut in 2024

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artificial intelligence regulation legislation
Several MD members of Congress are co-sponsoring the “Physician Fee Schedule Update and Improvements Act." 
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Large volume of radiologist reporting-backlogs an ‘urgent global issue’

Anecdotal reports indicate that radiologists are struggling to keep up with rising demand, but researchers sought to better quantify this crisis. 

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africa looks to artificial intelligence for healthcare improvement
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Large volume of radiologist reporting-backlogs an ‘urgent global issue’

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africa looks to artificial intelligence for healthcare improvement
Anecdotal reports indicate that radiologists are struggling to keep up with rising demand, but researchers sought to better quantify this crisis. 
READ MORE >

Intelerad signs $50M multi-year agreement with 1 of state’s largest hospital systems

Following a recent merger, the 22-hospital organization will deploy its PACS, work list, VNA and image exchange solutions systemwide. 

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Intelerad signs $50M multi-year agreement with 1 of state’s largest hospital systems

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Following a recent merger, the 22-hospital organization will deploy its PACS, work list, VNA and image exchange solutions systemwide. 
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Artificial intelligence ROI considerations in radiology

Rad Partners' Nina Kottler, MD, explains what practices should consider when assessing artificial intelligence solutions in an era where there is little reimbursement.  
 

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Video interview with Nina Kottler, MD, MS, associate chief medical officer for clinical AI, Radiology Partners, explains what radiology practices should consider when assessing artificial intelligence (AI) return on investment in an era where there is little reimbursement. #RSNA #RSNA23 #RSNA2023 #HealthAI #AIhealthcare
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Artificial intelligence ROI considerations in radiology

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Video interview with Nina Kottler, MD, MS, associate chief medical officer for clinical AI, Radiology Partners, explains what radiology practices should consider when assessing artificial intelligence (AI) return on investment in an era where there is little reimbursement. #RSNA #RSNA23 #RSNA2023 #HealthAI #AIhealthcare
Rad Partners' Nina Kottler, MD, explains what practices should consider when assessing artificial intelligence solutions in an era where there is little reimbursement.    
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Private equity-backed radiology provider LucidHealth appoints news CEO

The company did not give a reason for the departure of previous chief executive Asif Ahmad, who filled the role from 2020 to 2023. 

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LucidHealth CEO Steve Corbeil
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Private equity-backed radiology provider LucidHealth appoints news CEO

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LucidHealth CEO Steve Corbeil
The company did not give a reason for the departure of previous chief executive Asif Ahmad, who filled the role from 2020 to 2023. 
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