Practice Management

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

M&A mergers and acquisitions business deal

Private equity-backed Premier Radiology Services acquires rival remote-reading group

Founded in 1999, NationalRad is a “leading” provider of subspecialized teleradiology services based in Deerfield Beach, Florida. 

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Financial incentives significantly increase radiologist compliance with quality-improvement initiative

UT Southwestern has introduced a grading template in knee radiograph reports to help decrease the use of unnecessary MR imaging. 

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Private equity-backed Premier Radiology inks long-term partnership with nation’s largest occupational health provider

The Miami-based teleradiology group will provide support to Concentra’s network of 540 medical centers through 2030. 

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More with less: Department cuts technologists’ wasted time searching for CT supplies by 62%

The University of Utah Health department of radiology recently tackled a quality improvement project to quash wasted minutes spent seeking syringes and other items in storage. 

Money court lawsuit judge ruling scales of justice

Hospital pays $801,000 to settle allegations radiology practices billed for ‘shoddy’ imaging services

Physicians allegedly submitted false claims to Medicare and Medicaid for scans they either never reviewed or failed to assess in a timely fashion. 

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Inconsistent imaging: Radiologists letting personal preferences influence decision-making

There is significant variation from one radiologist to the next in suggesting follow-up head and neck imaging, Harvard experts detailed in AJR

SimonMed

Private equity-backed radiology provider SimonMed opens 6 new imaging centers

New additions balloon the Scottsdale, Arizona-based radiology practice's total number of locations to 170, spanning 11 states. 

NYU Langone Ambulatory Care Garden City

NYU Langone opens $170M outpatient radiology hub in former Sears store

The 260,000-square-foot ambulatory care center features 30 other clinical specialties including cardiology, pediatrics and pulmonology, and will treat 400,000 patients annually. 

Around the web

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.

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.

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