RadNet and radiology technology company Imaging Advantage have announced the beginning of a multi-year collaboration, which will take advantage of both RadNet’s outpatient experience and Imaging Advantage’s cloud-based technologies. 

As the "volume to value" movement reshapes healthcare economics across the U.S., radiology is reminded daily that it is by no means exempt from the new and somewhat nebulous fiscal demands.

It was 40 years ago this year—on Nov. 30, 1975, to be precise—that RSNA put Chicago’s Palmer House Hilton in its rearview and moved its scientific assembly and annual meeting to McCormick Place. With three exceptions (Atlanta in ’79, Dallas in ’80 and Washington in ’84), radiology’s big dance has been there ever since. 

CHICAGO—Every radiology practice in the midst of, or soon to face, tough contract negotiations with a hospital would do well to bone up on “excess benefit” sanctions and rule changes around no-cause contract termination. 

Mallinckrodt announced this week that the sale of its contrast media and delivery systems (CMDS) business to Guerbet has officially been closed. The transaction, which was first announced in July 2015, is valued at approximately $270 million. 

Radiologist Ronald Grusd, MD, and seven other medical professionals from California have been charged for taking part in a bribery scheme involving $25 million in improper workers’ compensation claims. Six corporations, including California Imaging Network in Beverly Hills, were also charged.

Boston Scientific announced on Nov. 10 that it had agreed to acquire the interventional radiology business of CeloNova Biosciences. Boston Scientific said it would pay $70 million upfront and then make additional payments based on regulatory and sales milestones.

Most radiology trainees don’t know the cost of common imaging examinations, according to a recent study published by the American Journal of Roentgenology.