Practice Management

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

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Private equity ownership in radiology rises, with investors holding dominant position in some markets

Across the specialty, 15 private equity firms held market shares greater than 30% in their service area, researchers detailed in Health Affairs. 

David Grau LucidHealth

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. 
 

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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. 

affidea

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. 

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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. 

Texas

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. 
 

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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. 

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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. 

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Global shortage of nuclear imaging isotopes may be over

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.

Cardiovascular Business
GE HealthCare moves PET/CT scanner production to United States

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.

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