As the new CEO of radiology services provider, OptimalIMX, Jonathan Grimes confesses he’s not as up-to-speed on the more technical aspects of the industry as he’d like—but that’s okay. Change is good.

Researchers at Washington University School of Medicine in St. Louis believe they have developed a novel approach to fighting cancer that could go viral--and they've already got a $3 million buy-in from the National Cancer Institute.

In a frank conference call with investors earlier this week, Dean Janes, CEO of tech startup Imaging3, described how the company continues to be battered by hard times, warning that a serious influx of cash is needed before it can even present its technology for FDA approval.

Concord Medical, which operates the largest network of radiotherapy and diagnostic imaging centers in China, reported its unaudited consolidated financial results for the first quarter of 2012 today.

Michael Ferro, the white knight who saved imaging software developer Merge Healthcare with a $20 million infusion of cash about four years ago, may be reclaiming that investment in direct payments, even as the company he propped up with that cash founders under the weight of a new payment structure.

A day after the Canadian government declared its inaugural Medical Imaging Team Day, the House of Parliament got behind another subspecialty initiative to the tune of $6.9 million, which will be spent to broaden innovation in image-guided oncology and cardiology therapies, according to an announcement from FedDev Ontario.

This week, the Office of the National Coordinator for Health Information Technology (ONR) threw down a $150,000 gauntlet for the development of a multidisciplinary solution that would advance electronic image collection and sharing across a variety of specialties.

After a two-week trial, a Dallas jury awarded Dr. Erwin Cruz nearly $11 million in damages, finding that his former business partners, Mehrdad "Mike" Ghani and Dr. Michael Taba, tried to undermine his stake in a pair of imaging practices: North Dallas Medical Imaging, L.P., and Plano AMI, L.P., according to a statement from Cruz's attorneys.