Michael Ferro, the white knight who saved imaging software developer Merge Healthcare with a $20 million infusion of cash about four years ago, may be reclaiming that investment in direct payments, even as the company he propped up with that cash founders under the weight of a new payment structure.

A day after the Canadian government declared its inaugural Medical Imaging Team Day, the House of Parliament got behind another subspecialty initiative to the tune of $6.9 million, which will be spent to broaden innovation in image-guided oncology and cardiology therapies, according to an announcement from FedDev Ontario.

This week, the Office of the National Coordinator for Health Information Technology (ONR) threw down a $150,000 gauntlet for the development of a multidisciplinary solution that would advance electronic image collection and sharing across a variety of specialties.

After a two-week trial, a Dallas jury awarded Dr. Erwin Cruz nearly $11 million in damages, finding that his former business partners, Mehrdad "Mike" Ghani and Dr. Michael Taba, tried to undermine his stake in a pair of imaging practices: North Dallas Medical Imaging, L.P., and Plano AMI, L.P., according to a statement from Cruz's attorneys.

"Traditional radiology has had much to say about teleradiology...yet relatively little has been written about radiology and radiology practice from the perspective of teleradiology," says Vanderbilt University radiologist Richard G. Abramson in the journal Radiology this month.

Earlier this week, a settlement was reached in a five-year whistleblower suit against Minneapolis, MN-based Center for Diagnostic Imaging, Inc..

Phoenix, AZ-based DICOM Grid closed a $5 million round of expansion financing today that the company hopes will allow for the expansion of its DG Suite cloud-based imaging platform.

Radiologists at Thomas Jefferson University were awarded a five-year, $2.6 million NIH grant to develop a new PET/CT technique that could eliminate the need for confirmation biopsies in the detection of prostate cancer.