Practice Management

Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.

Casper Medical Imaging & Outpatient Radiology expands into new state
Based in its namesake Wyoming community, the rural private practice is growing eastward, opening a new outpatient center in Scottsbluff, Nebraska.
Female radiology residents are 31 times more likely to experience discrimination than men
"Everyone in charge at our institution thinks the female residents are 'whiny.' We are told to keep our heads down and not cause problems."
Nearly 70% drop in volume precedes private practice’s decision to join Radiology Partners
Glenwood Spring, Colorado-based Mountain Radiology first engaged in discussions about a partnership with RP in early 2020.
Woman who falsely claimed to be a registered tech now owes ARRT over $50,000
In December 2022, the registry filed a trademark infringement lawsuit against Lemesha Cannon, accusing her of knowingly and intentionally misusing trademarks to obtain employment.
Behavioral ‘nudges’ significantly increase adherence to regular mammography screening
Penn Medicine experts conducted two randomized clinical trials, with women receiving text message reminders, bulk orders or letters endorsed by their PCP.

Private equity-backed radiology provider LucidHealth names chief operating officer

David Grau served as the Columbus-based company’s chief strategy officer from 2020 to 2023 before recently taking on the newly created COO role.

March 5, 2024

Medicare data stethoscope healthcare trends graphs finance financials

Current measuring stick may be underselling interventional radiology’s impact

IRs are inconsistently defined in health research and underrepresented by specialty designation in claims data, experts wrote Monday.

March 4, 2024

Investor-backed diagnostic imaging provider Affidea scores $216M in growth capital

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

February 28, 2024

Radiology Partners’ restructuring reduces its debt by 20% or $600M, Moody’s estimates

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

February 28, 2024

RadNet enters first new market since 2020, acquiring 7 imaging centers

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

February 28, 2024

Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts.

S&P views Radiology Partners’ debt refinancing maneuvers as ‘tantamount to a default’

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

February 26, 2024

Strategic Radiology expands to its 23rd state, adding 48-physician new member practice

Based in the coastal city of Myrtle Beach, S.C., Carolina Radiology Associates is the state’s largest private imaging group.

February 22, 2024

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.

Radiology Partners raises $720M in ‘growth equity’—more than double its target

The nation’s largest radiology practice also has closed previously announced debt restructuring transactions that provide RP with greater financial flexibility.

February 22, 2024

Around the web

Cardiovascular Business

Medicare drops AUC requirement for advanced imaging, ASNC celebrates

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

Cardiovascular Business

Cardiology, radiology groups urge insurance provider to rethink imaging policy

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound.

Cardiovascular Business

Radiology AI company gains FDA clearance for new CT offerings focused on PE, stroke

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

Practice Management

Casper Medical Imaging & Outpatient Radiology expands into new state

Female radiology residents are 31 times more likely to experience discrimination than men

Nearly 70% drop in volume precedes private practice’s decision to join Radiology Partners

Woman who falsely claimed to be a registered tech now owes ARRT over $50,000

Behavioral ‘nudges’ significantly increase adherence to regular mammography screening

Around the web