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Thousands of radiology practices have lost their independence amid waves of consolidation
Radiology Business June 5, 2024
Thousands of radiology practices have lost their independence over the past decade amid waves of consolidation, according to Neiman Health Policy Institute research published Wednesday.
Between 2015 and 2022, nearly 3,500 physician practices that provide radiology services disappeared from the Medicare Provider Data Log. This included roughly 2,300 practices (65%) that operated solely within the specialty, experts detailed Wednesday in the American Journal of Roentgenology [1].
Across almost 3,900 physicians for whom their sole affiliation was a radiology-only practice that vanished from the Medicare rolls, 46% worked for a larger multispecialty group the following year. Meanwhile, the balance (54%) worked at a different radiology-only practice at the next turn of the calendar.
Though the number of Medicare-enrolled radiologists increased 17%...
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