Since the issue arose on Feb. 21, providers in radiology and other specialties have experienced “substantial” billing and cash flow disruptions, MGMA reported Wednesday. 

The decision is due to reduced production volumes, the high cost of site infrastructure and opportunities to streamline shipping. 

The radiology group executed 14 acquisitions last year, adding 24 new imaging centers to its network for a total of 355. 

That would leave RP’s current obligations at about $2.4 billion, with debt maturities now extended by several years. 

The M&A deal is with Houston Medical Imaging, which performed over 135,000 procedures last year, producing $28M in revenue. 
 

Progenics Pharmaceuticals Inc. claims MIM stole its patents and used them to help entice GE HealthCare to buy the company in January.  

UPDATED: BioZorb is FDA cleared for the radiographic marking of soft tissue sites for future procedures such as radiation therapy. 

“After three consecutive years of Medicare payment reductions, healthcare providers are at a breaking point," 32 bipartisan members of the Senate wrote recently. 

Physician allegedly kept patients in scanners for extra examinations as part of a study evaluating the livers of indigenous peoples. 

The country’s largest radiology practice first announced the series of actions, including raising $720 million in new “growth equity,” on Feb. 15.