Mergers & Acquisitions

The healthcare industry sees a lot of consolidation between both vendors and healthcare providers this channel tracks mergers and acquisitions between large healthcare systems, community hospitals, private practices, vendors and private equity investors. Health systems have been growing in size substantially in the past decade with mergers with smaller healthcare systems and hospitals. This is largely due to the need to be more efficient amid lower reimbursements and rising costs by building an economy of scale in a larger health system. On the vendor side, mergers have become a common way to reduce research and development costs by purchasing intellectual rights for new technologies, or to purchased companies with new technologies that already have regulatory market clearance. 

Be on the lookout for more consolidation

Independent radiology practices may want to buckle up—the shift from volume to value and increasing consolidation of payors are pushing small practices toward mergers or acquisitions, according to the American College of Radiology. The benefits can outweigh the drawbacks in many situations, but some practices will be always be reluctant to give up their independence.

Strategic Radiology continues expansion, adds ninth affiliate

Strategic Radiology, national coalition of private radiology group practices, is once again expanding its efforts with the addition of Radiology Associates of Indiana as their ninth affiliate.

Medicare patients utilize more imaging in first half of year: What it could mean for practices

Utilization of Medicare imaging increases during the first half of a calendar year and if a patient has significant comorbidities, according to a Harvey L. Neiman Policy Institute study. The findings could impact Merit-based Incentive Payment System (MIPS) reporting strategies and risk-bearing reimbursement for imaging practices, the authors said.

Practice allows radiologist to manage Facebook page, improves engagement

In an effort to emphasize the importance of radiologist-patient engagement, Triad Radiology Associates has put one of its own radiologists at the helm of managing the practice’s Facebook page.

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Squeeze play: Radiologists face pressure to consolidate

Consolidation in U.S. healthcare has been increasing for some time and is only accelerating, according to Paul Ginsberg of the Brookings Institution. While some comes from mergers and acquisitions, a surprising amount stems from larger organizations eating the market share of smaller practices, a testament to the strength of economies of scale.

Varian Medical Systems to acquire PerkinElmer's Medical Imaging business

Varian Medical Systems has reached an agreement to acquire PerkinElmer’s Medical Imaging Business as an addition to the Varian Imaging Components business, which is set to become an independent public company, Varex Imaging Corporation.  

Two leading medical imaging providers complete merger

Leading medical imaging providers in Washington State, TRA Medical Imaging (TRA) and Medical Imaging Northwest (MINW), have officially completed a merger and will begin operating under TRA-MINW starting Jan. 1, 2017.

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In the Wake of the Merger: Addressing Billing MSO Issues

If properly addressed, the myriad issues that arise when merging the back offices of two or more practices can result in greater efficiencies and profitability

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.

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