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Hot topic: Top 10 ECONOMICS stories of the past month

News You Need to Know Today
Hot topic: Top 10 ECONOMICS stories of the past month
Monday, April 24, 2023
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Editor's Choice: Economics

Cindy Crawford-backed, whole-body MRI startup continues expansion, despite radiologist concern

California-based Prenuvo recently raised $70 million and is opening several locations across the U.S. this year and next. 

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Cindy Crawford-backed, whole-body MRI startup continues expansion, despite radiologist concern

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California-based Prenuvo recently raised $70 million and is opening several locations across the U.S. this year and next. 
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RadNet says it’s seeing softening in the challenging radiology labor market

In a recent ratings update, Moody's labeled the imaging center operator's outlook as "stable," while noting an ongoing hiring crunch in imaging. 

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RadNet says it’s seeing softening in the challenging radiology labor market

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In a recent ratings update, Moody's labeled the imaging center operator's outlook as "stable," while noting an ongoing hiring crunch in imaging. 
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Radiologists now operating under UnitedHealth ownership after industry giant buys prominent practice

“Crystal Run has long recognized that the fee-for-service reimbursement model is broken," the practice's CEO said in an email to employees.

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mergers and acquisitions M&A puzzle
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Radiologists now operating under UnitedHealth ownership after industry giant buys prominent practice

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mergers and acquisitions M&A puzzle
“Crystal Run has long recognized that the fee-for-service reimbursement model is broken," the practice's CEO said in an email to employees.
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Radiology rises into 10 highest paid specialties with average compensation of $503,564

The number represents a roughly 1.6% uptick from the radiologist salary figure recorded in the previous Doximity survey. 

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Twenty-three percent of cardiologists have a net worth of more than $5 million, No. 5 among all specialties, according to a new report. A majority of cardiologists also said they have had no significant financial losses in the last year. What are cardiologists paid? How much do cardiologists make?
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Radiology rises into 10 highest paid specialties with average compensation of $503,564

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Twenty-three percent of cardiologists have a net worth of more than $5 million, No. 5 among all specialties, according to a new report. A majority of cardiologists also said they have had no significant financial losses in the last year. What are cardiologists paid? How much do cardiologists make?
The number represents a roughly 1.6% uptick from the radiologist salary figure recorded in the previous Doximity survey. 
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Expert panel: Radiologists with MBAs weigh in on private equity’s entrée into imaging

Three members of the specialty recently offered advice to leaders navigating this issue in their organization. 

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private equity corporatization business consolidation
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Expert panel: Radiologists with MBAs weigh in on private equity’s entrée into imaging

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private equity corporatization business consolidation
Three members of the specialty recently offered advice to leaders navigating this issue in their organization. 
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Featured Articles

Private equity healthcare deals hit $90B in 2022, with AI one key 'sector to watch'

Investors continue to pour funds into radiology and other segments of medicine, seeking shelter from volatility seen elsewhere.

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venture capital corporate suit business corporatization
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Private equity healthcare deals hit $90B in 2022, with AI one key 'sector to watch'

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venture capital corporate suit business corporatization
Investors continue to pour funds into radiology and other segments of medicine, seeking shelter from volatility seen elsewhere.
READ MORE >

Physician lawmakers introduce fix for ‘outdated’ Medicare payment system, drawing radiologist praise

The Strengthening Medicare for Patients and Providers Act would provide a permanent annual pay update tied to inflation.

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Physician lawmakers introduce fix for ‘outdated’ Medicare payment system, drawing radiologist praise

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District of Columbia DC congress capitol hill
The Strengthening Medicare for Patients and Providers Act would provide a permanent annual pay update tied to inflation.
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Envision inks deal to keep radiologists in-network; practice closes, plus more company news

Also, the founder of Madison Radiology is retiring after more than 40 years in practice, and Rayus Radiology recently added 2 locations.

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jim_retchin_envision_president_ceo.jpg
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Envision inks deal to keep radiologists in-network; practice closes, plus more company news

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jim_retchin_envision_president_ceo.jpg
Also, the founder of Madison Radiology is retiring after more than 40 years in practice, and Rayus Radiology recently added 2 locations.
READ MORE >

CMS finalizes reforms to address prior authorization problem that has plagued radiology

“People with Medicare deserve to ... be able to get the care they need without excessive burden or delays," the agency's deputy administrator said.

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Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 
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CMS finalizes reforms to address prior authorization problem that has plagued radiology

Share on Twitter Share on Facebook Share on Linkedin
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 
“People with Medicare deserve to ... be able to get the care they need without excessive burden or delays," the agency's deputy administrator said.
READ MORE >

Investors bet big on startup offering a ‘radiology department in a box’

OXOS Medical has ballooned its fundraising total to $45M, with Parkway Venture and Intel Capital leading the way, leaders announced.

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OXOS Medical Micro C
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Investors bet big on startup offering a ‘radiology department in a box’

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OXOS Medical Micro C
OXOS Medical has ballooned its fundraising total to $45M, with Parkway Venture and Intel Capital leading the way, leaders announced.
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