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Radiology Partners affiliate ends 57-year hospital relationship amid reported physician tu
Quote from Radiology Business
[b]Radiology Partners affiliate ends 57-year hospital relationship amid reported physician turnover[/b]
[link=https://radiologybusiness.com/topics/healthcare-management/healthcare-economics/desert-radiology-partners-hospital-physician-turnover]https://radiologybusiness…tal-physician-turnover[/link]
A Radiology Partners-affiliated practice has ended a 57-year relationship with one local hospital in Las Vegas amid reported physician turnover at the practice.
Desert Radiology informed the University Medical Center of Southern Nevada in June that it was terminating their decades-long relationship, effective Dec. 3. The practice, which joined Rad Partners in [link=https://radiologybusiness.com/topics/healthcare-management/healthcare-economics/radiology-partners-deal-las-vegas-desert]2019[/link], had handled a significant number of scans at UMC annually. Those included 73,000 X-rays, the same amount of CTs, 30,000 ultrasounds, nearly 9,000 MRIs and 3,700 special procedure-related exams, the Las Vegas Review-Journal [link=https://www.reviewjournal.com/local/i-wish-there-was-better-health-care-here-radiology-changes-magnify-doctor-shortage-2874821/]reported[/link] Thursday.
Hospital CEO Mason Van Houweling is now working to create an in-house team of 18 to 20 radiologists to help offset the loss of their long-time imaging partner.
We recognize the severity of this and the situation and the impact [for] all those patients, Van Houweling said. Our team at UMC is working overtime to make sure that our community maintains the highest quality access to radiology services.
Contracts physicians signed after the Rad Partners purchase are reportedly expiring, with docs deciding whether they want to remain at the investor-backed platform company. The practice criticized reports on Twitter of a mass physician exodus, but it declined to specify how many radiologists are departing.
We are proud of Desert Radiology and grateful to the radiologists who have contributed to its ongoing successes in serving the extraordinary community of Las Vegas, and we are disappointed by the false narrative shared on social media, the company said in a statement. As the practice continues its internal contract renewal process with radiologists, notifications of upcoming retirements and attrition are both normal and expected. The DR team looks forward to welcoming several new radiologists into the practice over the coming months and together providing excellent care to our patients for many more decades to come.
Radiologists reached by the Review-Journal declined to comment on the situation, while hospital leader Van Houweling did not know the exact number of employees leaving DR, only saying that it is significant. They may face challenges working elsewhere around Las Vegas, given that the practice has a no-compete clause preventing radiologists from working in a certain geography for upward of five years.
If they dont want to work for them, they cant work in the community, Van Houweling said. They have to leave a certain radius, which would include Las Vegas for the most part.
Desert Radiology was first founded in 1966. It is one of Nevadas largest practices in the specialty, and lists 10 locations on its website.
Tick tock. Tick tock. How long for Nashville, Austin, Houston, Phoenix, etc.? Not to mention all of the smaller rural contracts they have. Would be a shame if enterprising radiologists took advantage of this situation and formed new private practice groups to contract for the hospitals that RP is abandoning em masse due to inability to pay their radiologists a competitive wage. All of the sudden rads will see a 30-40% pay increase on their professional fee billing and hospital subsidies because they cut out the RP parasitic middle man. -
24 Replies
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And so it begins.
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If the FTC gets rid of non-competes, it will really speed up this process.
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Yes! OUR PEE is in the toilet. Time to flush!
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“”we are disappointed by the false narrative shared on social media””
LOL!!! You cannot make this stuff up. Sounds like the went cheap on their marketing “social media” experts.-
Las Vegas is about to lose a ton of its radiologists because of the non-competes. If the state drags its feet on banning non-competes in the state effective immediately, then Las Vegas’ extreme radiologist shortfall and associated healthcare deficits will be blood on the hands of the state legislators, whether they admit it or not.
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The non-compete blood is on Rich Whitney’s hands. If anyone dies due to lack of radiologist reading scans in a timely manner, it’s on him and his jerkoff C-suite team as well as the god awful RP lawyers who will go around threatening radiologists who try to work anywhere else in Vegas.
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[link=https://twitter.com/benwhitemd/status/1679184657600921601]https://twitter.com/benwh…us/1679184657600921601[/link]
That is probably the “social media” they are talking about.-
$376,604.80 – $602,576.00 is the salary offered by UMC to fill these jobs …it is such a broad range.
[link=https://www.governmentjobs.com/careers/umcsn?keywords=radiologist]https://www.governmentjob…n?keywords=radiologist[/link]-
Medical director position listed with a high end of 885k salary.
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As I have said before. When these corporate groups collapse or pull out, it doesn’t mean PP moves back in. It means either scrounging hospital employment or another corporate.
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Oh yeah fw? What other corporate is swooping in? Hospital employed maybe. What happened in Chicago? 100% went to private. 0% went to corporate or hospital employed in Chicago.
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Fact is no corp or PE has the bodies to take on new contracts and provide any kind of adequate service. Are there some doing it? Maybe. But they arent providing good TaT in addition to onsite rads for tumor board or body in the chair for the near extinct species of clinician that drops in to look at imaging pacs side
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This is the proverbial “canary in the coal mine.” Chicago, now Vegas. Soon it will be Houston and Phoenix, etc. etc.
The dominoes are falling faster than ducks flying in the sky in the 115 degree Texas heat.
The mask is off gents and ladies.
No new recruit (either from another group or from fellowship/residency) wants to touch anything PE related with a 10 foot pole. Everyone knows the shares are essentially worthless too. I have seen a few of the PE groups new “recruits” — in general very old rads that still have bills to pay due to their third or some fourth divorce. -
Will private equity end up hurting hospitals in the end. I always thought it would be radiologists that would be robbed by PE.
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Oh yes us PP radiologists will hurt the hospitals only financially. If pan to charge a higher fee for a much higher quality product without PE scum. Seize the day!
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Quote from sartoriusBIG
Oh yeah fw? What other corporate is swooping in? Hospital employed maybe. What happened in Chicago? 100% went to private. 0% went to corporate or hospital employed in Chicago.
Chicago burbs and UMC have much different payer mixes. Much easier to run a business when profitable.
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Quote from bluedeep
Quote from Radiology Business
[b]Radiology Partners affiliate ends 57-year hospital relationship amid reported physician turnover[/b]
[link=https://radiologybusiness.com/topics/healthcare-management/healthcare-economics/desert-radiology-partners-hospital-physician-turnover]https://radiologybusiness…tal-physician-turnover[/link]
A Radiology Partners-affiliated practice has ended a 57-year relationship with one local hospital in Las Vegas amid reported physician turnover at the practice.
Desert Radiology informed the University Medical Center of Southern Nevada in June that it was terminating their decades-long relationship, effective Dec. 3. The practice, which joined Rad Partners in [link=https://radiologybusiness.com/topics/healthcare-management/healthcare-economics/radiology-partners-deal-las-vegas-desert]2019[/link], had handled a significant number of scans at UMC annually. Those included 73,000 X-rays, the same amount of CTs, 30,000 ultrasounds, nearly 9,000 MRIs and 3,700 special procedure-related exams, the Las Vegas Review-Journal [link=https://www.reviewjournal.com/local/i-wish-there-was-better-health-care-here-radiology-changes-magnify-doctor-shortage-2874821/]reported[/link] Thursday.
Hospital CEO Mason Van Houweling is now working to create an in-house team of 18 to 20 radiologists to help offset the loss of their long-time imaging partner.We recognize the severity of this and the situation and the impact [for] all those patients, Van Houweling said. Our team at UMC is working overtime to make sure that our community maintains the highest quality access to radiology services.
Contracts physicians signed after the Rad Partners purchase are reportedly expiring, with docs deciding whether they want to remain at the investor-backed platform company. The practice criticized reports on Twitter of a mass physician exodus, but it declined to specify how many radiologists are departing.
We are proud of Desert Radiology and grateful to the radiologists who have contributed to its ongoing successes in serving the extraordinary community of Las Vegas, and we are disappointed by the false narrative shared on social media, the company said in a statement. As the practice continues its internal contract renewal process with radiologists, notifications of upcoming retirements and attrition are both normal and expected. The DR team looks forward to welcoming several new radiologists into the practice over the coming months and together providing excellent care to our patients for many more decades to come.
Radiologists reached by the Review-Journal declined to comment on the situation, while hospital leader Van Houweling did not know the exact number of employees leaving DR, only saying that it is significant. They may face challenges working elsewhere around Las Vegas, given that the practice has a no-compete clause preventing radiologists from working in a certain geography for upward of five years.
If they dont want to work for them, they cant work in the community, Van Houweling said. They have to leave a certain radius, which would include Las Vegas for the most part.
Desert Radiology was first founded in 1966. It is one of Nevadas largest practices in the specialty, and lists 10 locations on its website.
Tick tock. Tick tock. How long for Nashville, Austin, Houston, Phoenix, etc.? Not to mention all of the smaller rural contracts they have. Would be a shame if enterprising radiologists took advantage of this situation and formed new private practice groups to contract for the hospitals that RP is abandoning em masse due to inability to pay their radiologists a competitive wage. All of the sudden rads will see a 30-40% pay increase on their professional fee billing and hospital subsidies because they cut out the RP parasitic middle man.
I interviewed at Desert over 20 years ago and they took me to UMC. Bad payer mix- level one trauma- many indigent patients go there. People with money go to the suburban hospitals.
RP has pushed up locums rates to over 3k per day. UMC will hemorrhage millions getting the radiology work done. Will likely have to beg the state of Nevada for funds.
And hospitals thought they would decrease their costs by letting PE run radiology groups. LOL-
5 year noncompete is nuts. They should highlight this case in the FTC ban on non competes so physicians dont get excluded.
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Quote from Gotham
5 year noncompete is nuts. They should highlight this case in the FTC ban on non competes so physicians dont get excluded.
Know a rad dealing with the 5 year non-compete. Very distressing, especially b/c when practice was sold to PE the non-compete was “take it or leave.”
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5 years?! I didnt know such a thing existed. Even fresh out of fellowship I cant imagine being so naive to sign that.
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I’d love to know more! I loathe RP and private equity. Any desert radiology members willing to contact me and spill the deets?
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No body will say anything. Just like Brexit…an utterly failed experiment which was known to doom UK ( proudly supported by the Donald) . The hospitals inviting PE in Radiology will go the same way. A quiet exit.
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“Republicans floated a bill last week that would encourage retirement plans to add alternatives such as private equity and crypto””
Geniuses !!
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