No Surprises Act is working, new analysis contends, though it’s straining radiology providers’ margins Urban Institute experts believe that OON payments and dispute resolutions will begin influencing negotiations tied to in-network imaging providers.Read more about No Surprises Act is working, new analysis contends, though it’s straining radiology providers’ margins
Private equity firm acquiring teleradiology outfit for $336M Founded in 2004, Medica employs 400-plus providers working across 100 hospitals and completing 1.5M radiology reports annually. Read more about Private equity firm acquiring teleradiology outfit for $336M
Ultrasound-maker Butterfly Network hires former telemedicine exec as new CEO at $875,000 base salary SourceButterfly Network Joseph M. DeVivo also is eligible for an annual bonus at 125% of that amount, along with a monthly housing allowance of nearly $17,000Read more about Ultrasound-maker Butterfly Network hires former telemedicine exec as new CEO at $875,000 base salary
Industry Watcher’s Digest Photo by Sayan Majhi via Unsplash Buzzworthy developments of the past few days. Read more about Industry Watcher’s Digest
Moderna throws in with IBM over quantum computing, generative AI for healthcare Image by Pete Linforth via Pixabay Fresh off its success using AI to develop a blockbuster COVID vaccine, up-and-coming biotech player Moderna (founded 2010) has won the confidence of 112-year-old Big Blue as a strategic partner.Read more about Moderna throws in with IBM over quantum computing, generative AI for healthcare
Health editors quit in protest over high publishing charges The editors said they have tried to get the high charges reduced, but they were ultimately unsuccessful. Read more about Health editors quit in protest over high publishing charges
ChatGPT to be utilized in new medical imaging app for patients AI chatbot ChatGPT is making its official debut in medical imaging by way of a new app that can be utilized by anyone with a smartphone. Read more about ChatGPT to be utilized in new medical imaging app for patients
Medtronic’s new insulin pump gains FDA approval The device, available in much of Europe since 2020, features Medtronic's new meal detection technology.Read more about Medtronic’s new insulin pump gains FDA approval
S&P downgrades radiology vendor Zotec Partners after losing its largest customer The Carmel, Indiana-based revenue cycle management provider holds some $307M in loans that are due within a year but has struggled to refinance.Read more about S&P downgrades radiology vendor Zotec Partners after losing its largest customer
Supreme Court upholds full access to abortion pill The Supreme Court issued a stay on April 21 that keeps mifepristone on the market without restrictions––for now.Read more about Supreme Court upholds full access to abortion pill