Practice Management

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

Hospital finance

‘We can do better’: Practices leaving money on the table, 2023 RBMA Accounts Receivable Survey shows

"To be brutally honest, even some of the 75th percentile numbers aren’t that great," Kyle Tucker, a member of RBMA’s Data Committee, told Radiology Business

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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. 

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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. 

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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. 

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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.

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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. 

Artificial Intelligence robotics

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.