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News You Need to Know Today
Best of October: Rads' unprecedented leverage | Elon enters imaging | Deadly delay | Hospital cuts CT interval | $7M jury award
Monday, November 4, 2024
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The Month in Review

‘Modern hospital systems have never dealt with the type of leverage that radiologists currently wield’

That's according to an essay published by an anonymous physician on KevinMD.com, which generated recent buzz on social media. 

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radiologist radiology pay compensation money dollar
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‘Modern hospital systems have never dealt with the type of leverage that radiologists currently wield’

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radiologist radiology pay compensation money dollar
That's according to an essay published by an anonymous physician on KevinMD.com, which generated recent buzz on social media. 
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Elon Musk urges users to submit X-ray, PET and MR images to xAI chatbot Grok

The world’s richest man asked patients and providers to try submitting scans to his company’s artificial intelligence product for further analysis. 

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Elon Musk Neuralink
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Elon Musk urges users to submit X-ray, PET and MR images to xAI chatbot Grok

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Elon Musk Neuralink
The world’s richest man asked patients and providers to try submitting scans to his company’s artificial intelligence product for further analysis. 
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Practice can be held liable for deadly on-call interventional radiologist delay, appeals court rules

A 63-year-old man visited the Saint Vincent ED in Worcester, Mass., but was told he couldn't receive a crucial IR service for three days, with no available specialist on hand. 

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Practice can be held liable for deadly on-call interventional radiologist delay, appeals court rules

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A 63-year-old man visited the Saint Vincent ED in Worcester, Mass., but was told he couldn't receive a crucial IR service for three days, with no available specialist on hand. 
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How 1 hospital cut its CT scheduling interval from 6 weeks to 3 days, adding $1.6M in revenue

The University of Rochester Medical Center operates two major imaging sites that handle most outpatient CT requests, completing an average of nearly 3,300 exams each month. 
 

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quality
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How 1 hospital cut its CT scheduling interval from 6 weeks to 3 days, adding $1.6M in revenue

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quality
The University of Rochester Medical Center operates two major imaging sites that handle most outpatient CT requests, completing an average of nearly 3,300 exams each month.  
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Jury awards woman $7M after radiologist misread leaves her blind at age 23

The case dates to November 2020 when Allison Mitchell was admitted at Saint Vincent Hospital for a headache that led to her losing consciousness.

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Medical malpractice gavel diagnostic error mistake stethoscope
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Jury awards woman $7M after radiologist misread leaves her blind at age 23

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Medical malpractice gavel diagnostic error mistake stethoscope
The case dates to November 2020 when Allison Mitchell was admitted at Saint Vincent Hospital for a headache that led to her losing consciousness.
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Members of Congress introduce bill to halt private equity ‘looting’ of healthcare entities

The Stop Wall Street Looting Act closes regulatory loopholes and ends incentives that allow investors to “pillage” acquired businesses, Sen. Elizabeth Warren and colleagues note.  

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Elizabeth Warren
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Members of Congress introduce bill to halt private equity ‘looting’ of healthcare entities

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Elizabeth Warren
The Stop Wall Street Looting Act closes regulatory loopholes and ends incentives that allow investors to “pillage” acquired businesses, Sen. Elizabeth Warren and colleagues note.  
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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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Radiology groups express ‘profound objection’ to Humana labeling interventional service as ‘unproven’

The Society of Interventional Radiology and others are concerned about commercial plan coverage for closed-loop spinal cord stimulation, a key pain-management technique. 

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Humana
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Radiology groups express ‘profound objection’ to Humana labeling interventional service as ‘unproven’

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Humana
The Society of Interventional Radiology and others are concerned about commercial plan coverage for closed-loop spinal cord stimulation, a key pain-management technique. 
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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

Share on Twitter Share on Facebook Share on Linkedin
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 >

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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