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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Rad Partners touts ‘dramatic’ MRI time reductions; Strategic Radiology adds practice, plus more company news

Also, radiologist joins state medical society representing small groups, and three LucidHealth rads honored as "top docs." 

Hospital finance

‘We can do better’: Practices leaving money on the table, 2023 RBMA Accounts Receivable Survey shows

"To be brutally honest, even some of the 75th percentile numbers aren’t that great," Kyle Tucker, a member of RBMA’s Data Committee, told Radiology Business. 

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Radiology provider Envision Healthcare officially files for bankruptcy, hoping to cancel $5.6B in debt

The private equity-backed multispecialty group said that it has voluntarily entered into an agreement to restructure 60% of its obligations. 

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Envision bankruptcy could be 1st canary in the physician services coal mine, MD writer contends

The private equity-backed multispecialty group's failure could have "significant ripple effects" on radiology and other specialties, N. Adam Brown, MD, MBA, wrote recently. 

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Radiology data analytics vendor Quinsite raises $5.5M in series A financing

The funds will fuel growth initiatives and expansion in other specialties such as pathology, anesthesiology, orthopedics and emergency medicine. 

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Radiology practice sues broker for allegedly letting insurance lapse the same day it suffered a cyberattack

Raleigh Radiology is seeking $1 million-plus in damages, alleging that Arthur J. Gallagher & Co. failed to renew its cyber liability insurance ahead of a ransomware attack. 

Radiology Partners inks agreement with key payer to restore in-network access

The pact comes as radiology practices fight to remain covered by the health plan of choice in their local service areas.

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‘The physician workforce is vanishing’: State goes to desperate measures to recruit radiologists

The Physician Workforce Act aims to bolster recruitment of out-of-state physicians and accelerate licensure for international medical grads. 

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Around the web

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.

Health Imaging
Outdated manuals pose MRI safety risks for patients with medical implants

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

Health Imaging
What might reimbursements for proposed MRI safety CPT codes look like?

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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