Practice Management

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

SimonMed

Radiology practice SimonMed launches nationwide whole-body MRI service, charging fraction of competitors’ prices

SimonOne utilizes AI, advanced clinical protocols and the “best available” equipment to detect diseases before symptoms arise, the PE-backed group announced. 

June 15, 2023
mergers acquisitions puzzle M&A

Hospital system and 2 imaging center chains band together in joint venture deal

Inspira Health is bringing together its long-time imaging partner and an outside competitor to help bolster access and expand services. 

June 15, 2023
layoffs staff cuts termination workforce

US Radiology Specialists expanding its pipeline for attracting and retaining technologists

Private equity-backed USRS plans to extend the reach of its Technologist Advancement Academy across all 180 of its imaging centers.  

June 14, 2023
lung_cancer_orchestrator.jpg

Prompting primary care physicians in the EHR helps boost use of CT for lung cancer screening

Rutgers University has seen significant increases in the number of fully filled out patient records, individuals eligible for screening, and completed LDCT orders. 

June 13, 2023
Starting salaries for specialist physicians have mostly increased over the last year. Demand for those specialists is also on the rise. What are doctors paid? What is the average salary of a doctor, physician?

Interventional radiology among 4 specialties with the greatest growth in claims volume since 2018

The specialty saw an 83% uptick in billing between 2018 and 2022, publicly traded data and analytics firm Definitive Healthcare reported. 

June 8, 2023
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Do clinicians want radiologists' management advice? Interviews shed some light on 'unwanted' recommendations

Clinicians only want the information they need to make treatment decisions, rather than advice on what actions they should take, the survey found. 

June 8, 2023
abortion law ban pregnancy dobbs

State abortion restrictions do not appear to impact radiology residency applications

Radiologists have expressed concern that the Supreme Court’s controversial decision to overturn Roe v. Wade would exacerbate physician shortages.  

June 8, 2023
money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

S&P downgrades Radiology Partners amid worries its capital structure could become unsustainable

The country's largest imaging group has $3.37B in obligations, including “significant debt maturities looming in July 2025.”  

June 6, 2023