Pittsburgh-based Foundation Radiology raised $2.5 million from investors, reports the Pittsburgh Business Times.

Shortly after the new business rules governing electronic funds transfer (EFT) transactions went into effect on January 1, Robert Tennant, MGMA senior policy advisor, began to ask for a show of hands when he spoke to physician groups to get a sense of how many physicians were receiving EFT payment via virtual credit card.

The team from the Harvey L. Neiman Health Policy Institute, led by radiologist Richard Duszak, Jr., MD, made an interesting inquiry into the quantity and nature of uncompensated imaging studies provided to emergency department (ED) patients, the results of which are published in the June issue of the Journal of the American College of Radiology.

More than 28 percent of services rendered by radiologists to emergency department (ED) patients were uncompensated to the tune of a mean $2,584 per month per radiologist, according to a study published in the Journal of the American College of Radiology.

Three regional billing companies have merged to create a new national billing company based in Salt Lake City, Utah, targeting radiology practices and hospital radiology departments.

October 19-21Seattle, WA

To achieve success in consolidating two radiology practices, it’s important that they are a “good fit.” But what determines a good fit?  While practices may be similar in size and may even have some structural similarities, no two practices are exactly alike.

The Medical Group Management Association expresses its concern about the improper use of virtual credit cards and unreasonable fees charged by payors for electronic funds transfer in a letter addressed to CMS Administrator Marilyn Tavenner.