Practice Management

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

Radiology practice reportedly shutters after cyberattack, selling its property to local hospital system
Patients have filed a proposed class-action lawsuit against Pinehurst Radiology Associates, claiming it failed to protect their medical records.
Formerly bankrupt hospital partners with private radiology practice to provide imaging services
Watsonville Community Hospital in Santa Cruz County, California, is teaming with Radiology Diagnostic Services, appointing one of its rads as medical director.
4 cybersecurity best practices for radiology groups
Digitization of exams has made the imaging industry a “prime target” for cybercriminals, experts wrote recently in the Journal of the American College of Radiology.
El Paso’s Desert Imaging acquired by private equity-backed radiology company
Panos Partners-backed Diagnostic Imaging Centers of Texas now offers radiology services at 23 locations in five markets following the deal.
Hospital redesigns radiology 2nd opinion service, scoring 92% collection success rate
OSU Medical Center has addressed common challenges including insufficient documentation, miscommunication, and the risk of repeat imaging.

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.

‘The physician workforce is vanishing’: State goes to desperate measures to recruit radiologists

The Physician Workforce Act aims to bolster recruitment of out-of-state physicians and accelerate licensure for international medical grads.

Practice Management

Radiology practice reportedly shutters after cyberattack, selling its property to local hospital system

Formerly bankrupt hospital partners with private radiology practice to provide imaging services

4 cybersecurity best practices for radiology groups

El Paso’s Desert Imaging acquired by private equity-backed radiology company

Hospital redesigns radiology 2nd opinion service, scoring 92% collection success rate