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Hospital scaling imaging franchise | FDA halts mammo services | MRI startup raises $3M from NHL team, others

News You Need to Know Today
Hospital scaling imaging franchise | FDA halts mammo services | MRI startup raises $3M from NHL team, others
Wednesday, April 26, 2023
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Today's News and Trends

Hospital system seeks to scale imaging chain offering scans at up to 70% below traditional pricing

MetroHealth will expand its Lumina brand of patient-centric imaging sites via a franchise model, offering others a turn-key way to create retail-like radiology offerings. 

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A location of Lumina imaging in Ohio
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Hospital system seeks to scale imaging chain offering scans at up to 70% below traditional pricing

Share on Twitter Share on Facebook Share on Linkedin
A location of Lumina imaging in Ohio
MetroHealth will expand its Lumina brand of patient-centric imaging sites via a franchise model, offering others a turn-key way to create retail-like radiology offerings. 
READ MORE >

FDA halts mammography services at facility that posed ‘serious risk to human health’

University Park OBGYN had its accreditation revoked effective in September, with the facility opting not to appeal the ruling, the FDA said.  

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mammogram mammography breast cancer
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FDA halts mammography services at facility that posed ‘serious risk to human health’

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mammogram mammography breast cancer
University Park OBGYN had its accreditation revoked effective in September, with the facility opting not to appeal the ruling, the FDA said.  
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Startup that converts MRIs into 3D assessments raises $3M from private equity, pro sports franchise

Springbok Analytics uses AI and the accuracy of magnetic resonance imaging to create “precise” muscle assessments. 

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money-1604921_1280.jpg
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Startup that converts MRIs into 3D assessments raises $3M from private equity, pro sports franchise

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money-1604921_1280.jpg
Springbok Analytics uses AI and the accuracy of magnetic resonance imaging to create “precise” muscle assessments. 
READ MORE >

In Other News

Residency match cycle preference-signaling a hit among radiology programs

Experts from Mayo Clinic recently detailed their experience with the new offering, sharing that out of their 10 top ranked candidates, six had signaled the program.

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projected radiation oncology workforce supply and demand
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Residency match cycle preference-signaling a hit among radiology programs

Share on Twitter Share on Facebook Share on Linkedin
projected radiation oncology workforce supply and demand
Experts from Mayo Clinic recently detailed their experience with the new offering, sharing that out of their 10 top ranked candidates, six had signaled the program.
READ MORE >

New scoring system for 'second look' breast lesions could decrease biopsies by 30% or more

A team of experts recently developed the new system to differentiate between malignant and benign "second look" lesions on MRI for women with known breast cancer.

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Breast MRI example showing a signal void in right breast (arrow) caused by biopsy on an axial contrast-enhanced in-phase Dixon image. It shows a signal void in right breast (arrow), which corresponded with a MammoMark/CorMark Bread Tie biopsy clip. Image courtesy of AJR.
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New scoring system for 'second look' breast lesions could decrease biopsies by 30% or more

Share on Twitter Share on Facebook Share on Linkedin
Breast MRI example showing a signal void in right breast (arrow) caused by biopsy on an axial contrast-enhanced in-phase Dixon image. It shows a signal void in right breast (arrow), which corresponded with a MammoMark/CorMark Bread Tie biopsy clip. Image courtesy of AJR.
A team of experts recently developed the new system to differentiate between malignant and benign "second look" lesions on MRI for women with known breast cancer.
READ MORE >

Florida surgeon general altered COVID-19 study findings

Florida Surgeon General Joseph Ladapo altered important findings in a COVID-19 study with the intent to spread misinformation about vaccine safety.

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editing.jpg
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Florida surgeon general altered COVID-19 study findings

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editing.jpg
Florida Surgeon General Joseph Ladapo altered important findings in a COVID-19 study with the intent to spread misinformation about vaccine safety.
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In Case You Missed It

No Surprises Act is working, new analysis contends, though it’s straining radiology providers’ margins

Urban Institute experts believe that OON payments and dispute resolutions will begin influencing negotiations tied to in-network imaging providers.

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medical billing_4.jpg
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No Surprises Act is working, new analysis contends, though it’s straining radiology providers’ margins

Share on Twitter Share on Facebook Share on Linkedin
medical billing_4.jpg
Urban Institute experts believe that OON payments and dispute resolutions will begin influencing negotiations tied to in-network imaging providers.
READ MORE >

Private equity firm acquiring teleradiology outfit for $336M

Founded in 2004, Medica employs 400-plus providers working across 100 hospitals and completing 1.5M radiology reports annually.  

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Healthcare M&A, mergers and acquisitions business deal.
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Private equity firm acquiring teleradiology outfit for $336M

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Healthcare M&A, mergers and acquisitions business deal.
Founded in 2004, Medica employs 400-plus providers working across 100 hospitals and completing 1.5M radiology reports annually.  
READ MORE >

Ultrasound-maker Butterfly Network hires former telemedicine exec as new CEO at $875,000 base salary

Joseph M. DeVivo also is eligible for an annual bonus at 125% of that amount, along with a monthly housing allowance of nearly $17,000

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Butterfly Network Ultrasound
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Ultrasound-maker Butterfly Network hires former telemedicine exec as new CEO at $875,000 base salary

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Butterfly Network Ultrasound
Joseph M. DeVivo also is eligible for an annual bonus at 125% of that amount, along with a monthly housing allowance of nearly $17,000
READ MORE >

S&P downgrades radiology vendor Zotec Partners after losing its largest customer

The Carmel, Indiana-based revenue cycle management provider holds some $307M in loans that are due within a year but has struggled to refinance.

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S&P downgrades radiology vendor Zotec Partners after losing its largest customer

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The Carmel, Indiana-based revenue cycle management provider holds some $307M in loans that are due within a year but has struggled to refinance.
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