Practice Management

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

Money bankruptcy debt liquidation

Radiology provider Akumin files for bankruptcy, seeking to cancel $470M in debt

The nearly half-billion-dollar loan balance will convert to shares of common stock, held by lender Stonepeak, with Akumin transitioning to a privately held company. 

Prior authorization for imaging causing anxiety, administrative burden for cancer patients

Payers most frequently require PA for imaging (71%), followed by IV chemotherapy, surgery and radiotherapy, according to new survey data. 

Radiology provider Akumin postpones most clinical and diagnostic operations amid ransomware attack

The pause will last until Akumin can restore its systems in a “safe and secure manner,” leaving the company unable to see patients at its fixed-site locations. 

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Rural hospital system offering $20,000 sign-on bonuses to attract radiologic technologists

“It’s eye-opening, but not surprising,” one healthcare staffing expert said about the hospital system's unusual employment offer.

M&A mergers and acquisitions business deal

FTC wants to hear from physicians about their experiences with private equity

Chair Lina M. Khan spoke about the topic during the closing keynote at the American College of Emergency Physicians’ annual meeting in Philadelphia.

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Less than half of adults recognize most common symptoms associated with breast cancer, new survey finds

Few of those polled believe they are at risk of developing the disease, according to new research from the Ohio State University Comprehensive Cancer Center. 

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Multidisciplinary quality improvement initiative significantly improves on-time starts for cardiac MRI

Such delays can result in longer patient fasts, extended wait times, and poor synchronization of anesthesia induction, researchers detailed in JACR

Robert Hendel, MD, Tulane University and former ASNC president, explains the pressing business aspects of nuclear cardiology and why ASNC included business management sessions at its 2023 annual meeting. #ASNC #ASNC23 #ASNC2023

Business considerations in the modern nuclear cardiology practice

Robert Hendel, MD, discussed everything from declining reimbursements in cardiology to prior authorization policies in an exclusive new interview. 

Around the web

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

After reviewing years of data from its clinic, one institution discovered that issues with implant data integrity frequently put patients at risk. 

Prior to the final proposal’s release, the American College of Radiology reached out to CMS to offer its recommendations on payment rates for five out of the six the new codes.

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