Practice Management

Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.

Hospital system no longer accepting radiology patients with out-of-network health plans
Summa Health said the change will take effect Sept. 1, with the two-hospital network ceasing scheduling of appointments for this consumer segment
Radiology provider Akumin touts launch of its first movable PET/CT imaging centers
The Plantation, Florida, company first announced the initiative at RSNA 2024, offering clients new “relocatable and expandable” centers to be deployed across the U.S.
Private equity-backed Solis Mammography opens 3 new locations
The breast imaging group is launching two locations in Texas and marking its first foray into the Raleigh metro area, with more on the way in North Carolina.
Smartwatches reduce physician burnout while improving resilience
Radiation oncologists and other specialists wore the devices for six months at two pilot institutions, with promising initial results.
Cardiology practices must be more sustainable to survive
Cardiology faces one of its most challenging decades ahead, with mounting pressures from workforce shortages, an aging population and declining reimbursements. To remain sustainable, practices are forced to rethink how care is delivered from the ground up.

Radiology provider Envision Healthcare officially files for bankruptcy, hoping to cancel $5.6B in debt

The private equity-backed multispecialty group said that it has voluntarily entered into an agreement to restructure 60% of its obligations.

Envision bankruptcy could be 1st canary in the physician services coal mine, MD writer contends

The private equity-backed multispecialty group's failure could have "significant ripple effects" on radiology and other specialties, N. Adam Brown, MD, MBA, wrote recently.

Radiology data analytics vendor Quinsite raises $5.5M in series A financing

The funds will fuel growth initiatives and expansion in other specialties such as pathology, anesthesiology, orthopedics and emergency medicine.

1 in 3 cardiologists have been sued, though they often win when it happens

Overall, 31.2% of U.S. physicians say they have been sued. When looking at only cardiologists, the percentage is slightly higher.

Radiology practice sues broker for allegedly letting insurance lapse the same day it suffered a cyberattack

Raleigh Radiology is seeking $1 million-plus in damages, alleging that Arthur J. Gallagher & Co. failed to renew its cyber liability insurance ahead of a ransomware attack.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Radiology Partners inks agreement with key payer to restore in-network access

The pact comes as radiology practices fight to remain covered by the health plan of choice in their local service areas.

ACR applauds FDA about-face on use of iodinated contrast in children

The update marks a change from the FDA's stance on the topic last year.

Practice Management

Hospital system no longer accepting radiology patients with out-of-network health plans

Radiology provider Akumin touts launch of its first movable PET/CT imaging centers

Private equity-backed Solis Mammography opens 3 new locations

Smartwatches reduce physician burnout while improving resilience

Cardiology practices must be more sustainable to survive