As radiology groups consolidate, strategies for negotiating the successful merging of cultures are imperative

INDIANAPOLIS, IN – (June 8, 2016) – Zotec Partners (Zotec), the industry-leading provider of radiology revenue cycle and practice management services, announces a revenue cycle management (RCM) services renewal with Georgia-based Radiology Associates of Macon (RAM), a private, multi-specialty radiology group that offers state-of-the-art digital imaging technology. In the extended agreement, Zotec will continue to manage the practice’s revenue cycle by employing superior billing processes, proprietary technology, and a team of radiology experts. 

The Patient-Centered Outcomes Research Institute (PCORI) Board of Governors has approved $7.5 million in funding for a clinical effectiveness research study led by Diana L. Miglioretti, PhD, dean’s professor in biostatistics at the University of California, Davis. The goal of the study is to research the effectiveness of digital breast tomosynthesis and MRI when used with mammography for cancer screening. 

A group of radiologists in Regina, Saskatchewan, Canada, has had its lawsuit against the Regina Qu’Appelle Regional Health Authority (RQRHA) dismissed, the Regina Leader-Post reported. 

Onex is once again considering selling Carestream Health, according to a new report from Reuters. 

British healthcare company BTG has agreed to buy Minnesota-based Galil Medical, a Minnesota-based company that specializes in oncology cryoablation technology, for $84.5 million. Based on various company milestones, BTG could pay up to an additional $25.5 million on top of that initial amount. 

More details are being made public about Olympus America’s agreement to pay approximately $306 million as part of a settlement with all 50 states, Washington, D.C., and the federal government over allegations of numerous anti-kickback violations. 

RadNet, one of the country's largest operators of outpatient imaging centers, has announced its financial results for the first quarter of 2016, reporting revenue of more than $216 million and adjusted EBITDA of more than $27 million.