Radiology practice files for bankruptcy | SEC subpoenas imaging vendor | IRs oppose CMS value-based care proposal

Under the proposal, Medicare would add an interventional radiology payment pathway, creating a new reporting framework for IRs as part of MIPS.

Capitol Radiology LLC submitted the voluntary petition in the U.S. Bankruptcy Court for the District of Maryland, seeking to wipe out $157,000 in debt. 

The publicly traded, Australia-based radiology vendor revealed news of the investigation in its second quarter earnings report. 

Experts involved in a new analysis suggest their findings could help bring about more effective treatments for opioid use disorders. 

The company said in a Securities and Exchange Commission filing that it is cooperating with the Department of Justice’s inquiry into possible incidents of Medicare Advantage upcoding.

The fusion technology integrates pre-procedural MR images of the prostate with intraprocedural ultrasound images in real-time. 

Lawmakers on Wednesday introduced the No Surprises Act Enforcement Act, which would increase penalties for failing to comply with payment deadlines under the landmark legislation. 

“The results of our study deserve notice by other states considering similar legislation," says lead author Amy K. Patel, MD, chair of the ACR Advocacy Network. 

This boosts the New York-based vendor’s fundraising to $370 million since its founding in 2016, with the latest round including a $40 million revolving credit line.