Management

This page includes content on healthcare management, including health system, hospital, department and clinic business management and administration. Areas of focus are on cardiology and radiology department business administration. Subcategories covered in this section include healthcare economics, reimbursement, leadership, mergers and acquisitions, policy and regulations, practice management, quality, staffing, and supply chain.

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carestream

Moody’s downgrades radiology vendor Carestream, citing ‘weaker than expected’ performance after exiting bankruptcy

The Rochester, New York, manufacturer first filed for chapter 11 in August, seeking to wipe out $470M in debt. 

artificial intelligence money finance acquisition

Philips acquiring artificial intelligence firm DiA Imaging Analysis for nearly $100M

The Israel-headquartered firm specializes in AI-based ultrasound image examination, scoring its ninth U.S. FDA clearance in February. 

Scan workflow WVU radiology

Remote radiologists prioritize financial gain when choosing reads: 2 possible fixes

An intense focus on RVU productivity may have unintended negative consequences, experts wrote in the Journal of Operations Management.

framework for regulating healthcare artificial intelligence

US senators introduce legislation to strengthen payment for diagnostic imaging agents

The American College of Radiology, SNMMI and the Michael J. Fox Foundation, among others, voiced support for the FIND Act. 

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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. 

Everlight Radiology CEO Rob Anderson

Private equity-backed global teleradiology outfit opens ‘state of the art’ new reporting hub

Midmarket private equity firm Livingbridge acquired Everlight Radiology in 2021 for more than $335 million and hopes to fuel growth with the new facility.

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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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Around the web

Health Imaging
Nearly $800,000 settlement offered to family of man who died during MRI exam

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

Cardiovascular Business
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.