Leading imaging vendors regularly bribe government officials in China to get their products in area hospitals, according to an in-depth report from the New York Times.

IBM, along with KPMG, Merck and Walmart have been selected by the FDA to participate in a blockchain project that aims to improve the drug supply chain.

A culture of corruption allows giant companies like General Electric, Siemens, Philips and Toshiba to bribe Chinese government and hospital officials into purchasing expensive medical equipment, including imaging modalities, according to a lengthy piece published by the New York Times.

A San Francisco-based startup that uses a proprietary machine-learning platform to identify the care needs of covered employees has raised $205 million to “address fundamental health insurance service issues that plague U.S. consumers and employers alike.”

Merit Medical Systems, a medical device company based out of South Jordan, Utah, has acquired Brightwater Medical.

Cardiologists’ salaries are up, their savings are steady and their debt is minimal, according to Medscape’s annual Cardiologist Wealth and Debt Report.

An eight-day trial and two-hour jury deliberation has culminated in the conviction of Pennsylvania cardiologist Samirkumar J. Shah, who on June 14 was found guilty of two counts of healthcare fraud for falsely billing insurers for unnecessary angina treatments.

It was only recently that 10 radiology practices from around the United States formed a new managed services organization (MSO), named it Unified Radiology and took aim at securing independence for each member practice. Almost immediately, members discovered that the modest investment of time creating the MSO would result in significant financial returns, now and in the future.