According to the Private Equity Stakeholder Project, 21% of all healthcare bankruptcies in 2023 involved organizations owned by financial firms.

The doctor, 76, admitted to billing multiple insurance providers for office visits that never happened at all.

The case dates to March 2020, when the University of South Florida Foundation filed suit against the Marlborough, Massachusetts-based company, which later countersued. 

The original inciting incident occurred in July 2014, when 58-year-old James Griswold visited the Connecticut provider group for a nuclear stress imaging test. 

Monica Lynch accuses Midstate Radiology Associates of failing to secure her to the scanner table and ignoring her needs during an examination. 

Findings are based on an analysis of 135 teleradiology malpractice cases and 3,474 more in regular radiology, conducted by Harvard Medical School and published in Radiology. 

About 180 former employees settled a suit with the former managers and owners of their radiology practice, saying their retirement benefits were mismanaged. 

A physician at the Atlanta-based firm purportedly spent as few as 30 seconds reviewing reports prepared by overseas readers who weren’t permitted to practice medicine nor bill government healthcare programs.