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Best of February: SimonMed ransomware attack | Hack closes practice | Stolen trade secrets | Transparency Act

News You Need to Know Today
Best of February: SimonMed ransomware attack | Hack closes practice | Stolen trade secrets | Transparency Act
Tuesday, March 4, 2025
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The Month in Review

Radiology practice SimonMed Imaging suffers apparent ransomware attack

Hacker group Medusa claimed responsibility for the cyberattack on its blog, according to a report published Tuesday. 

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SimonMed
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Radiology practice SimonMed Imaging suffers apparent ransomware attack

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SimonMed
Hacker group Medusa claimed responsibility for the cyberattack on its blog, according to a report published Tuesday. 
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Cyberattack forces radiology practice to close ‘for the foreseeable future’

Pinehurst Radiology Associates recently gave notice of the incident, launching an investigation after detecting suspicious activity on its network. 

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Cyberattack forces radiology practice to close ‘for the foreseeable future’

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cyberattack cybersecurity IT
Pinehurst Radiology Associates recently gave notice of the incident, launching an investigation after detecting suspicious activity on its network. 
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Chinese companies accused of conspiring to steal imaging trade secrets from Philips

Xiaoqin Du, 63, of Suzhou, China, allegedly formed a rival firm in the same Chicago suburb as Philips, luring away engineers to relay intimate company details. 

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Philips Headquarters
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Chinese companies accused of conspiring to steal imaging trade secrets from Philips

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Philips Headquarters
Xiaoqin Du, 63, of Suzhou, China, allegedly formed a rival firm in the same Chicago suburb as Philips, luring away engineers to relay intimate company details. 
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Radiology practices ‘strongly’ urged to seek counsel over Corporate Transparency Act

Enacted as part of the Federal Anti-Money Laundering Act, regulators were slated to begin enforcing penalties under the CTA on Jan. 1. 

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magnifying-glass-699777_1280.jpg
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Radiology practices ‘strongly’ urged to seek counsel over Corporate Transparency Act

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magnifying-glass-699777_1280.jpg
Enacted as part of the Federal Anti-Money Laundering Act, regulators were slated to begin enforcing penalties under the CTA on Jan. 1. 
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Radiologist shortage will persist into 2055 without counteraction

In the next 30 years, the supply of radiologists is expected to grow by nearly 26%, assuming no increases in the number of new residents, experts wrote in JACR. 

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layoffs staff cuts termination workforce
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Radiologist shortage will persist into 2055 without counteraction

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layoffs staff cuts termination workforce
In the next 30 years, the supply of radiologists is expected to grow by nearly 26%, assuming no increases in the number of new residents, experts wrote in JACR. 
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Judge grants class-action status in suit over controversial $164M radiology practice sale

The dispute dates to December 2017 when Colorado Springs-based Envision Radiology became 100% owned by its employees.  

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Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement
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Judge grants class-action status in suit over controversial $164M radiology practice sale

Share on Twitter Share on Facebook Share on Linkedin
Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement
The dispute dates to December 2017 when Colorado Springs-based Envision Radiology became 100% owned by its employees.  
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Radiologist ponders: ‘If private practice is so great, why are so many groups struggling?’

Ben White, MD, a Texas neuroradiologist and writer, recently posed the question on his blog and offered five possible reasons why life is hard for this model of care. 

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question mark conundrum uncertainty
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Radiologist ponders: ‘If private practice is so great, why are so many groups struggling?’

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question mark conundrum uncertainty
Ben White, MD, a Texas neuroradiologist and writer, recently posed the question on his blog and offered five possible reasons why life is hard for this model of care. 
READ MORE >

Siemens raises $1.5B by selling stake in Healthineers imaging division

The German multinational technology conglomerate will use the proceeds to pay for its acquisition of software firm Altair Engineering. 

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Siemens Healthineers
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Siemens raises $1.5B by selling stake in Healthineers imaging division

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Siemens Healthineers
The German multinational technology conglomerate will use the proceeds to pay for its acquisition of software firm Altair Engineering. 
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Top performing PACS companies based on user feedback

Agfa and Sectra both performed well with end-user satisfaction scores in the 2025 Best in KLAS list of radiology IT systems.

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Demonstration of Agfa's enterprise imaging PACS workflow at RSNA 2024. Photo by Dave Fornell
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Top performing PACS companies based on user feedback

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Demonstration of Agfa's enterprise imaging PACS workflow at RSNA 2024. Photo by Dave Fornell
Agfa and Sectra both performed well with end-user satisfaction scores in the 2025 Best in KLAS list of radiology IT systems.
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Appeals court rejects radiologist’s attempt to revive whistleblower suit over ‘troubling’ IR colleague

Surgeons purportedly labeled the interventional rad the "Boston Butcher" after he allegedly flubbed several procedures, with 1 leading to a patient's death. 

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whistleblower
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Appeals court rejects radiologist’s attempt to revive whistleblower suit over ‘troubling’ IR colleague

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whistleblower
Surgeons purportedly labeled the interventional rad the "Boston Butcher" after he allegedly flubbed several procedures, with 1 leading to a patient's death. 
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