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Private equity dealmaking in healthcare stalls amid persistent bid-ask gap, negative regulatory environment

PE sponsors announced or closed about 158 transactions in the first quarter (including five in imaging), a “downward trend even from 2023’s sluggish pace,” Pitchbook reports.

The Anesthesia Patient Safety Foundation (APSF), a related organization of the American Society of Anesthesiologists (ASA), this week released a statement on the criminalization of medical errors. The APSF said criminal prosecution is unjust and counterproductive is healthcare organizations want to find ways to mitigate errors by understanding how they happen and create protocols or IT systems can can help prevent future errors. The criminal trial of nurse RaDonda Vaught was counterproductive to safety.

Prior authorization a ‘major contributor’ to radiologists’ mounting administrative burdens, ACR tells Congress

Amid specialist shortages and imaging backlogs, members of the U.S. Senate are seeking ways to ease the stress endured by physicians.

Newly created radiology residency program receives 750 applications for 7 slots

St. Luke's University Health Network recently launched its region's only accredited radiology residency program in response to booming demand for imaging.

Biopsy before ablation has no cost advantage over both-at-once approach

Established guidelines recommend biopsying small tumors of the kidney ahead of any procedure to ablate them. A new study confirms the validity of pursuing another pathway.

Radvocates applaud bipartisan bill that would end decade-long decline in Medicare reimbursement

The Radiation Oncology Case Rate Value-Based Program Act of 2024 would build on the shelved RO Model and save the federal payment program $200M.

Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

Radiation therapy centers sold out of private equity-backed provider’s bankruptcy estate for nearly $3M

American Shared Hospital Services is acquiring a 60% stake and expects the facilities to generate upward of $10 million in annual revenue.

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Judge sentences physician to 1 year in prison for kickback scheme involving unnecessary brain scans

Donald Salzberg, MD, of Avon, Connecticut, also must pay $1.34 million in restitution to Medicare, Medicaid and private insurers.

Princeton Radiology partners with AI startup to add full-body MRI service

The private practice is teaming with Ezra to offer the examination at its freestanding network of imaging centers in central and northern New Jersey.

Judge sentences physician to 1 year in prison for kickback scheme involving unnecessary brain scans

Donald Salzberg, MD, of Avon, Connecticut, also must pay $1.34 million in restitution to Medicare, Medicaid and private insurers.

Princeton Radiology partners with AI startup to add full-body MRI service

The private practice is teaming with Ezra to offer the examination at its freestanding network of imaging centers in central and northern New Jersey.

Rates of provider turnover, burnout ‘creating crises’ in radiology departments. Experts suggest a solution

Implementing a “positive leadership program” within Michigan Medicine’s Department of Radiology has led to improvements in workplace climate perception and employee engagement.

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Private equity firm, accused of trying to build a monopoly in radiology, dismissed as defendant in FTC lawsuit

The commission sued Welsh Carson in September, claiming the New York investment outfit and US Anesthesia Partners have perpetrated an “anticompetive scheme” to drive up prices.

Around the web

Health Imaging

Key trends in enterprise imaging

Radiology is going though a period of disruption with a growing radiologist shortage, decreasing reimbursements and increasing numbers of exams, making workflow efficiency a critical concern.

Health Imaging

Radiologist who botched multiple cosmetic procedures calls license revocation 'unfair' in appeals case

The physician's attorneys say that he is being "over punished" for his actions.

Health Imaging

Female radiology residents are 31 times more likely to experience discrimination than men

"Everyone in charge at our institution thinks the female residents are 'whiny.' We are told to keep our heads down and not cause problems."