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News You Need to Know Today
Best of the Week: $54M fraud scheme | Rad defends private equity | $2M cyber settlement | Wake Rad exec hired
Saturday, October 19, 2024
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This Week’s News

Fraudsters arrested for $54M alleged scheme to bilk Medicare via radiology, hospice care

Authorities arrested Sophia Shaklian, 36, of Los Angeles, and Alex Alexsanian, 47, of Burbank, California, on the morning of Oct. 9. 

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Money handcuffs price cost cap
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Fraudsters arrested for $54M alleged scheme to bilk Medicare via radiology, hospice care

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Money handcuffs price cost cap
Authorities arrested Sophia Shaklian, 36, of Los Angeles, and Alex Alexsanian, 47, of Burbank, California, on the morning of Oct. 9. 
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Private equity lobbying group, radiologist defend investors’ role in the imaging industry

The American Investment Council hosted an event Wednesday in Charlotte, N.C., featuring a fireside chat with AIC CEO Drew Maloney and Robert L. Mittl Jr., MD.

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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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Private equity lobbying group, radiologist defend investors’ role in the imaging industry

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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.
The American Investment Council hosted an event Wednesday in Charlotte, N.C., featuring a fireside chat with AIC CEO Drew Maloney and Robert L. Mittl Jr., MD.
READ MORE >

Radiology practice must pay $1.85M to settle class action lawsuit stemming from cyberattack

East River Medical Imaging PC experienced the data breach sometime between August and September 2023, with over 533,000 individuals potentially impacted. 

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money cybersecurity ransomware health IT data breach hacker
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Radiology practice must pay $1.85M to settle class action lawsuit stemming from cyberattack

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money cybersecurity ransomware health IT data breach hacker
East River Medical Imaging PC experienced the data breach sometime between August and September 2023, with over 533,000 individuals potentially impacted. 
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Wake Radiology names director of business development, plus more leadership moves

Flywheel has appointed a new CEO, Orlando Health has selected a director to oversee its imaging centers, and more from Vanderbilt, Yale and MemorialCare.  

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Bonnie Little-Hildebrandt Wake Radiology
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Wake Radiology names director of business development, plus more leadership moves

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Bonnie Little-Hildebrandt Wake Radiology
Flywheel has appointed a new CEO, Orlando Health has selected a director to oversee its imaging centers, and more from Vanderbilt, Yale and MemorialCare.  
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Hundreds of lawmakers urge House to pass radiologist pay fix during lame duck session

“The overwhelming, bipartisan support is a testament to the importance of fixing this issue," said Rep. Mariannette Miller-Meeks, MD, R-Iowa, who led the letter-writing effort. 

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Rep. Mariannette Miller-Meeks, MD, R-Iowa
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Hundreds of lawmakers urge House to pass radiologist pay fix during lame duck session

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Rep. Mariannette Miller-Meeks, MD, R-Iowa
“The overwhelming, bipartisan support is a testament to the importance of fixing this issue," said Rep. Mariannette Miller-Meeks, MD, R-Iowa, who led the letter-writing effort. 
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Hands-free, generative AI system reduces radiologists' time spent creating reports

"Application of these technologies represents potential areas to combat burnout," researchers wrote recently in the Journal of the American College of Radiology. 

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radiology clock alarm turnaround time efficiency
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Hands-free, generative AI system reduces radiologists' time spent creating reports

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radiology clock alarm turnaround time efficiency
"Application of these technologies represents potential areas to combat burnout," researchers wrote recently in the Journal of the American College of Radiology. 
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Raleigh Radiology bests UNC in battle over state’s certificate-of-need law

State authorities recently gave the 75-year-old private practice the go-ahead to purchase an MRI scanner for its imaging center in Clayton, North Carolina. 

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Raleigh Radiology
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Raleigh Radiology bests UNC in battle over state’s certificate-of-need law

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Raleigh Radiology
State authorities recently gave the 75-year-old private practice the go-ahead to purchase an MRI scanner for its imaging center in Clayton, North Carolina. 
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Private equity firm acquires radiology parts and services provider DirectMed Imaging

After acquiring the Poway, California, company in 2021, NMS Capital is now selling off its stake to fellow PE group Frazier Healthcare Partners. 

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DirectMed Imaging
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Private equity firm acquires radiology parts and services provider DirectMed Imaging

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DirectMed Imaging
After acquiring the Poway, California, company in 2021, NMS Capital is now selling off its stake to fellow PE group Frazier Healthcare Partners. 
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Hologic to acquire developer of ultrasound imaging device for $350M

Gynesonics is the creator of the Sonata System, which is the first FDA-cleared device for diagnosis and treatment of certain symptomatic fibroids. 

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Steve MacMillan Hologic
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Hologic to acquire developer of ultrasound imaging device for $350M

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Steve MacMillan Hologic
Gynesonics is the creator of the Sonata System, which is the first FDA-cleared device for diagnosis and treatment of certain symptomatic fibroids. 
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Radiologists issue ‘call to action’ on looming liver disease ‘crisis’

Imaging plays an essential role in addressing hepatic steatosis. Yet, radiologists have had almost zero involvement in shaping medical knowledge about the disease. 

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fatty liver disease hepatic steatosis
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Radiologists issue ‘call to action’ on looming liver disease ‘crisis’

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fatty liver disease hepatic steatosis
Imaging plays an essential role in addressing hepatic steatosis. Yet, radiologists have had almost zero involvement in shaping medical knowledge about the disease. 
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