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News You Need to Know Today
Rad Partners constrained by debt: S&P | Bolstering 2nd-opinion services | Lack of 24/7 IR care | PE-backed groups expand
Saturday, June 28, 2025
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This Week’s News

Radiology Partners constrained by high interest expenses, low cash-flow generation: S&P

UPDATED: The analysis comes in response to a proposed $1.5 billion term loan for RP, due in 2032, along with $800 million in secured notes and a $390 million revolving credit line. 

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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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Radiology Partners constrained by high interest expenses, low cash-flow generation: S&P

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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.
UPDATED: The analysis comes in response to a proposed $1.5 billion term loan for RP, due in 2032, along with $800 million in secured notes and a $390 million revolving credit line. 
READ MORE >

Hospital redesigns radiology 2nd opinion service, scoring 92% collection success rate

OSU Medical Center has addressed common challenges including insufficient documentation, miscommunication, and the risk of repeat imaging. 

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Money dollar investments
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Hospital redesigns radiology 2nd opinion service, scoring 92% collection success rate

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Money dollar investments
OSU Medical Center has addressed common challenges including insufficient documentation, miscommunication, and the risk of repeat imaging. 
READ MORE >

Private equity-backed radiology groups expand in 2 markets

Solis Mammography is adding a new location in Washington, D.C., while US Radiology Specialists is building two in South Carolina. 

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Solis Mammography
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Private equity-backed radiology groups expand in 2 markets

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Solis Mammography
Solis Mammography is adding a new location in Washington, D.C., while US Radiology Specialists is building two in South Carolina. 
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Radiologists call for action on lack of 24/7 interventional services

Workforce solutions could include regional on-call pools serving multiple facilities and cross-training vascular surgeons and interventional cardiologists on select procedures.
 

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24/7 healthcare around the clock on-call after-hours
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Radiologists call for action on lack of 24/7 interventional services

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24/7 healthcare around the clock on-call after-hours
Workforce solutions could include regional on-call pools serving multiple facilities and cross-training vascular surgeons and interventional cardiologists on select procedures. 
READ MORE >

Major health insurers agree to reduce prior authorization burden for imaging and other services

AHIP, the industry’s largest lobbying group, made the commitment Monday alongside over 50 payers including UnitedHealthcare and the BCBS Association. 

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money maze benjamin franklin reimbursement medicare
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Major health insurers agree to reduce prior authorization burden for imaging and other services

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money maze benjamin franklin reimbursement medicare
AHIP, the industry’s largest lobbying group, made the commitment Monday alongside over 50 payers including UnitedHealthcare and the BCBS Association. 
READ MORE >

Physicians speak out against payers’ growing use of AI to deny imaging requests

Heart imaging specialists contend that the deployment of artificial intelligence "is making the issue of prior authorization worse, not better."

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prior authorization claim deny denial insurance insurer payer Medicare Advantage
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Physicians speak out against payers’ growing use of AI to deny imaging requests

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prior authorization claim deny denial insurance insurer payer Medicare Advantage
Heart imaging specialists contend that the deployment of artificial intelligence "is making the issue of prior authorization worse, not better."
READ MORE >

FDA announces recall of device used in interventional procedures after 3 injuries

The action applies to Cook Medical’s Beacon Tip Catheters, used for angiographic procedures, with concerns the tip can fragment in the patient, causing potential harm. 

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Recall
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FDA announces recall of device used in interventional procedures after 3 injuries

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Recall
The action applies to Cook Medical’s Beacon Tip Catheters, used for angiographic procedures, with concerns the tip can fragment in the patient, causing potential harm. 
READ MORE >

Radiologists call for ‘urgent’ update to payer policy they say is based on bogus info

The Society of Interventional Radiology and five additional doc groups recently voiced their displeasure in a letter to Elevance Health. 

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insurance payer payment insurer
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Radiologists call for ‘urgent’ update to payer policy they say is based on bogus info

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insurance payer payment insurer
The Society of Interventional Radiology and five additional doc groups recently voiced their displeasure in a letter to Elevance Health. 
READ MORE >

Radiologists will pay $810,000 to settle allegations they performed hundreds of unnecessary procedures

Oscar Sosa, MD, and Osmany DeAngelo, DO, vehemently deny the allegations but chose to settle to avoid costly and protracted litigation. 

READ MORE >
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.
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Radiologists will pay $810,000 to settle allegations they performed hundreds of unnecessary procedures

Share on Twitter Share on Facebook Share on Linkedin
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.
Oscar Sosa, MD, and Osmany DeAngelo, DO, vehemently deny the allegations but chose to settle to avoid costly and protracted litigation. 
READ MORE >

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