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  • envision reaches multiyear agreement with aetna

    Posted by Unknown Member on April 6, 2023 at 8:39 am

    [link=https://www.envisionhealth.com/news/2023/envision-reaches-multiyear-agreement-with-aetna]https://www.envisionhealt…r-agreement-with-aetna[/link]
     
    Who caved? My guess Envision. Would love to know what Aetna is paying. My guess very close to Medicare. No transparency though- we will never know.

    Unknown Member replied 1 year, 1 month ago 11 Members · 52 Replies
  • 52 Replies
  • smfst7_929

    Member
    April 6, 2023 at 10:14 am

    Who cares. All PE is dying a slow death by a thousand cuts and radiologist attrition.

    • farzadahmadimedrn710_43

      Member
      April 6, 2023 at 10:19 am

      [link=https://www.wsj.com/articles/kkrs-envision-healthcare-in-talks-with-lenders-as-it-misses-earnings-deadline-3b8a6ab9]https://www.wsj.com/artic…ings-deadline-3b8a6ab9[/link]
       
      Relevant… Envision in technical default.

    • Unknown Member

      Deleted User
      April 6, 2023 at 10:38 am

      Quote from sartoriusBIG

      Who cares. All PE is dying a slow death by a thousand cuts and radiologist attrition.

      If Envision can’t negotiate with Aetna can your group? I don’t think so.

      • smfst7_929

        Member
        April 6, 2023 at 11:29 am

        You provided non news. You even admitted youre not sure who got what they wanted in the negotiations. And yes who cares is still my response.

        Besides that, negotiations are not just about the size of group. Depends on location, how many nearby hospitals etc. One area may have zero negotiating power because 3 nearby hospitals. Also, if youre friendly with hospital admin they will even help negotiate. Fairly easy, especially considering that some hospitals have no competition in the immediate area so the insurer caves relatively easily. You clearly dont have much experience with this. Ill leave it at that

        • Unknown Member

          Deleted User
          April 6, 2023 at 12:14 pm

          Quote from sartoriusBIG

          You provided non news. You even admitted youre not sure who got what they wanted in the negotiations. And yes who cares is still my response.

          Besides that, negotiations are not just about the size of group. Depends on location, how many nearby hospitals etc. One area may have zero negotiating power because 3 nearby hospitals. Also, if youre friendly with hospital admin they will even help negotiate. Fairly easy, especially considering that some hospitals have no competition in the immediate area so the insurer caves relatively easily. You clearly dont have much experience with this. Ill leave it at that

           
          Envision has a fair amount of isolated Florida hospitals. Don’t know that this helps them negotiate. FL is a tough state.

          Short of being hospital employed I don’t think Hospital admin can “help” negotiate with insurers. You ever talk to your hospital admin Sart? Do you know their names? I don’t think you do.
           
          Even hospital employed you don’t get the same rate that hospital does for technical. Insurance companies always negotiate a lower rate for “providers”.

        • farzadahmadimedrn710_43

          Member
          April 6, 2023 at 12:16 pm

          Quote from sartoriusBIG

          You provided non news. You even admitted youre not sure who got what they wanted in the negotiations. And yes who cares is still my response.

          Besides that, negotiations are not just about the size of group. Depends on location, how many nearby hospitals etc. One area may have zero negotiating power because 3 nearby hospitals. Also, if youre friendly with hospital admin they will even help negotiate. Fairly easy, especially considering that some hospitals have no competition in the immediate area so the insurer caves relatively easily. You clearly dont have much experience with this. Ill leave it at that

           
          Envision failed to report its Q4 earnings on time and KKR stock is taking a dip because people don’t their debt is worth face value due to earnings misses. Maybe all this Aetna deal is unrelated but the WSJ story is dated days after the Envision press release.

          • Unknown Member

            Deleted User
            April 7, 2023 at 6:45 am

            Why would KKR even purchase Envision? Load it up with debt, take fees and walk away with bondholders left holding the bag? 
             
            “KKR also had a tough 2022. The private equity firm [link=https://irpages2.eqs.com/download/companies/kkrinc/Quarterly%20Reports/KKR%20Q422%20Earnings%20Release.pdf]reported [/link]$5.7 billion in total revenue, down from $16.2 billion the year prior. The company reported $910 million in losses for 2022, compared to $4.5 billion gains in 2021.”
             
            [link=https://www.beckershospitalreview.com/finance/where-envision-healthcare-stands-today.html]https://www.beckershospit…care-stands-today.html[/link]
             
            “Envision was in the spotlight again in December, when the American Academy of Emergency Medicine Physician Group [link=https://www.beckershospitalreview.com/legal-regulatory-issues/physician-group-sues-envision-healthcare-over-corporate-practice-of-medicine-laws.html]sued [/link]the company, alleging it violated corporate practice of medicine laws in California. The lawsuit accuses Envison of using shell business structures to keep ownership of emergency room staffing groups despite California’s laws against the corporate practice of medicine.”
             
            LOL. Isn’t RP also doing this?

            • Unknown Member

              Deleted User
              April 7, 2023 at 6:51 am

              As of January 6, 2023, Envisions $5.3 billion first-lien term loan due 2025 is trading at 42 cents on the dollar, down from a high of 82 cents in February last year. Its 8.75% senior unsecured note due 2026 is trading at 28 cents on the dollar.
               
              [link=https://pestakeholder.org/news/kkrs-investors-should-be-asking-questions-around-envision-healthcare-bankruptcy-risk/]https://pestakeholder.org…hcare-bankruptcy-risk/[/link]

              • Unknown Member

                Deleted User
                April 7, 2023 at 6:59 am

                Limited partners invested in Americas Fund XII should be engaging with KKR regarding its investment in Envision, asking the following questions:
                To what extent did Envisions financial performance rely on surprise billing at the time of KKRs acquisition?
                How did KKR fail to anticipate and plan for the regulatory risks with this investment?
                How have legislative efforts to curb surprise billing impacted Envisions financial viability?
                How much money did KKR and Envision spend opposing surprise medical billing legislation and regulations at the federal and state levels?
                How is KKR managing litigation risks for Envision?
                How is KKR managing regulatory risk in its healthcare investments, more broadly?
                How does KKRs ownership of Envision fit within the firms ESG framework?
                What steps is KKR taking to mitigate the impacts of a potential restructuring or bankruptcy for Envisions employees?
                 

                • Unknown Member

                  Deleted User
                  April 7, 2023 at 7:07 am

                  Take a gander at the limited partners who are original investors in KKRs Americas Fund XII, which is the fund that acquired Envision Healthcare in 2018. The types of limited partners included in the list are public pensions, corporate pensions, foundations, and government agencies. 
                   
                  CALPERS and Washington State Retirement Fund the biggest- so called liberal states
                   
                  [link=https://pestakeholder.org/news/kkrs-investors-should-be-asking-questions-around-envision-healthcare-bankruptcy-risk/]https://pestakeholder.org…hcare-bankruptcy-risk/[/link]
                   
                  Absolutely beautiful. Take employees retirement money and use it against them. 

                  • Unknown Member

                    Deleted User
                    April 7, 2023 at 7:48 am

                    On its website, Envision markets itself with statements such as: As a group of 25,000 clinicians, we use our collective voice at the state and federal levels to stand up for the needs of the millions of patients we serve. Our emergency department physicians provide care to all patients, regardless of their insurance status. However, its historical use of surprise billing as part of its business model and its efforts to prevent strong regulation of surprise billing that would protect patients from expensive medical bills tell a different story.
                     
                    [link=https://pestakeholder.org/wp-content/uploads/2022/12/Envision_CaseStudy_Final_Dec2022.pdf]https://pestakeholder.org…tudy_Final_Dec2022.pdf[/link]
                     
                    Neoliberalism or doublespeak

                    • Unknown Member

                      Deleted User
                      April 7, 2023 at 7:53 am

                      Medical debt is one of the leading causes of bankruptcy in the United States, and surprise medical billing has likely contributed to this issue. Envision Healthcares extractive business model of surprise billing that can saddle medical debt onto patients has come full circle as Envision faces a high risk of major restructuring or bankruptcy itself, saddled with debt by its private equity owner and amidst the regulatory challenges posed by the No Surprises Act. Yet, unlike the ordinary Americans who may end up in life-changing bankruptcies because of their medical debt, Envisions private equity investors will likely come out relatively unscathed and may, in fact, come out even better than before. Envisions story should not be read as an unfortunate anomaly in our healthcare system and economy but rather a natural consequence of the stranglehold that private equity and other special interests have on our healthcare and our political system.
                       
                      [link=https://pestakeholder.org/wp-content/uploads/2022/12/Envision_CaseStudy_Final_Dec2022.pdf]https://pestakeholder.org…tudy_Final_Dec2022.pdf[/link]

                    • Unknown Member

                      Deleted User
                      April 7, 2023 at 8:01 am

                      Researchers Eileen Appelbaum and Rosemary Batt reported in the American Prospect that, Envisions $5.3 billion first-lien term loan, due in 2025, was trading in distressed-debt territory at the beginning of March 2022, at 73 cents on the dollar; and its senior unsecured note due in 2026 was trading at 53 cents on the dollar. They declared that Envision Healthcare had hit the skids, arguing that Envision would have to pivot back to an out-of-network billing strategy, if it was to meet its debt obligations.
                       
                      That’s not going to happen now.

        • mwakamiya

          Member
          April 8, 2023 at 12:25 am

          wait, wait, wait
           
          “your friendly hospital administrator can help you negotiate”
           
           LOL !!!!!!

          • Patrick

            Member
            April 8, 2023 at 1:20 pm

            I appreciate DRAD calling out the uncomfortable links between public pensions and for-profit healthcare. A lot of big institutional public investors have ironically driven the very models that legislators are trying to reign in

            • Unknown Member

              Deleted User
              April 10, 2023 at 8:11 am

              ProPublica reports that Envision cut pay and benefits for many of its doctors and medical workers at the onset of the pandemic, while simultaneously continuing to spend money on political ads targeting attempts to regulate surprise billing. From June 2019 until April, the dark money group, Doctor Patient Unity, had spent $57 million on ads fighting surprise billing legislation.
               
              In a Moodys Investor Service rating of Envision, the agency cites that Envision had received $275 million in CARES Act grants as of June 30, 2021.
               
              How much of this money went to rads? My guess is little to none. No RVU No pay.

              • smfst7_929

                Member
                April 16, 2023 at 7:31 am

                Envision on the verge of bankruptcy. Or according to drad, on the verge of becoming the triumvirate and owning all radiologists.

                Drad Im going to need your list of stock pick winners. But only so I can short every single stock you think is going to do well. You obtain so much good information but completely misinterpret it

                • Unknown Member

                  Deleted User
                  April 16, 2023 at 7:49 am

                  There are a lot bigger questions

                  When they go bankrupt and it sure seems like when not if, then what happens next?

                  From what I hear the Radiology division of envision is there best performing

                  Their anesthesia and ER divisions are drags

                  What do companies do when they go bankrupt?

                  Many reorganize so they can spin off some groups restructure in certain ways to put all poor performers in one company and better performing ones in another company

                  Short answer is this is probably going to be a long drawn out affair

                  Really unlikely they just disappear

                • Unknown Member

                  Deleted User
                  April 16, 2023 at 4:33 pm

                  Quote from sartoriusBIG

                  Envision on the verge of bankruptcy. Or according to drad, on the verge of becoming the triumvirate and owning all radiologists.

                  Drad Im going to need your list of stock pick winners. But only so I can short every single stock you think is going to do well. You obtain so much good information but completely misinterpret it

                  I don’t pick stocks. I read mucho films then index. Shorting is riskier than going long. LOL.
                   
                  Haven’t heard of a single hospital going back to private practice. I’m not willing to say private equity is doomed just yet. 
                   
                  A big Indianapolis group just went to RP.

                  • g.giancaspro_108

                    Member
                    April 16, 2023 at 5:15 pm

                    To be accurate, -part- of a big Indianapolis group went to RP.
                     

                    Quote from drad123

                    A big Indianapolis group just went to RP.

                    • Unknown Member

                      Deleted User
                      April 16, 2023 at 5:30 pm

                      Quote from sandeep panga

                      To be accurate, -part- of a big Indianapolis group went to RP.

                      Quote from drad123

                      A big Indianapolis group just went to RP.

                      That’s a new one. RP doesn’t take the whole body? Just a pound of flesh? Closest to the heart? A mortal wound?

                    • Robbro524_990

                      Member
                      April 16, 2023 at 5:33 pm

                      If your financial model of ‘superior returns’ requires on superior ‘leverage’ to produce those returns, and the liquidity your model relies on is being actively pulled from the system then you are either going bankrupt or will have to sell out for peanuts, assuming you can’t cash flow enough to pay the debt.

                      I just don’t see a way out for these PE firms, if interest rates stay high. They are obviously counting on a government bail out. I bet they don’t think the government will let them fail because they are tied in to several state pension firms. May be, but a BIG gamble.

                    • Unknown Member

                      Deleted User
                      April 16, 2023 at 5:42 pm

                      Quote from DOCDAWG

                      If your financial model of ‘superior returns’ requires on superior ‘leverage’ to produce those returns, and the liquidity your model relies on is being actively pulled from the system then you are either going bankrupt or will have to sell out for peanuts, assuming you can’t cash flow enough to pay the debt.

                      I just don’t see a way out for these PE firms, if interest rates stay high. They are obviously counting on a government bail out. I bet they don’t think the government will let them fail because they are tied in to several state pension firms. May be, but a BIG gamble.

                      This is what the PE types do. Take big risks and get upside while others take downside.
                       
                      Heads I win, tails you lose.

                    • Robbro524_990

                      Member
                      April 16, 2023 at 6:38 pm

                      100% true

                      I have no problem with people making big money by taking big risks, as long as they own their risks on the downside (and don’t look for a bailout from taxpayers if it all blows up).

                      These firms usually make the employees and/or even banks take the fall when they lose. This is BS, but low interest rates fueled all this PE nonsense for decades. That’s all changing, though, right before our eyes. I just hope the fire consumes the big players this time around too when it starts (but I’m sure it won’t).

                    • afazio.uk_887

                      Member
                      April 16, 2023 at 6:42 pm

                      Lets be realistic here, rates arent going much higher. Maybe another .25 or so and thats it. Inflation is headed down and they dont want to put the whole system at risk.

                      5% rates is a fairly normal rate and Im very doubtful that anything much is going to the PE industry.

                    • Robbro524_990

                      Member
                      April 16, 2023 at 6:57 pm

                      It’s not just the rates. It’s quantitative tightening and that big sucking sound is the massive pulling of liquidity from the system you hear. It just takes a while to trickle through the system.

                      And, sure, 5% rates don’t seem that bad except when you and your model is based on 1% rates to make money. There are more liquidity problems than the media is reporting.

                      Plus, inflation, while easing, is still relatively high. If inflation spikes again in the future (which it will), and you think that they won’t raise rates beyond 5% to curtail it, then you are fooling yourself.

                      They’d rather the ‘rich’ and anyone who holds substantial financial assets pay for this problem and pain through dis-inflation than have hyperinflation.

                      They just can’t risk that.

                      Severe deflation would also be pretty bad, though, especially for Boomers and most Gen Xers (to a less extent, though).

                      Fun times .

                    • Unknown Member

                      Deleted User
                      April 16, 2023 at 7:08 pm

                      They are going to reorganize and re-emerge as a different entity

                      Not real hard to figure out

                      Stringing it out for a long while hiding what they can from creditors

                    • Unknown Member

                      Deleted User
                      April 16, 2023 at 7:23 pm

                      Take something historically stable, physician practices, add lots of debt, and make them unstable- how innovative
                       
                      Usually if a group fails hospital picks up tab by paying for locums and building or enticing a new group- now failure offloaded to investors at much greater price.

                    • Robbro524_990

                      Member
                      April 16, 2023 at 7:31 pm

                      If and when groups fail this time, I’m just not sure there are enough recently trained radiologists available in the market this time to replace departing groups, especially in certain locations.

                      Sure, these places can get locums for a year or two but at 3k per day that gets expensive really quickly and radiology departments don’t have as much surplus cash post-COVID as they used to.

                      Something has to give.

                      Global tele coverage it is, I guess.

                    • Unknown Member

                      Deleted User
                      April 16, 2023 at 7:35 pm

                      if and when groups fail this time, I’m just not sure there are enough recently trained radiologists available in the market this time to replace departing groups, especially in certain locations.

                      There isnt

                      Not even close

                    • Robbro524_990

                      Member
                      April 16, 2023 at 7:45 pm

                      Hey, at least you and I can agree on something.

                    • Unknown Member

                      Deleted User
                      April 20, 2023 at 8:08 am

                      Northwest Radiology Network PC, which for decades has held the contract to provide radiology services to Ascension St. Vincent hospitals in central Indiana.

                      But in September, the Indianapolis-based radiology company terminated its agreement with the giant hospital system, causing an abrupt end to a long relationship. In turn, Ascension St. Vincent awarded the contract to a national group based in suburban Los Angeles, called Radiology Partners Inc., effective in March 2023.

                    • Unknown Member

                      Deleted User
                      April 20, 2023 at 8:14 am

                      “In 2022, two radiology practices joined RP, adding multiple locations across Illinois, Iowa and Colorado. Additionally, RP established seven new local radiology practices to serve hospital and health system clients that chose to partner with RP. Finally, RP expanded its service offerings to include AI tools, opening the door to partnerships with four clients for various AI implementations, expanding the organizations experience validating and delivering AI at scale.”

                    • farzadahmadimedrn710_43

                      Member
                      April 20, 2023 at 1:31 pm

                      Why don’t you talk about how large RP groups in Phoenix, Nashville, and Austin are a revolving door of young to mid career radiologists? I guess RP doesn’t supply that fact in their PR marketing.
                       
                      And RP doesn’t talk about how these groups have the sword of Damocles over their head. Over the next 1-3 years depending on when the group was acquired you’re going to see massive retirements of the sellout radiologists who trashed their groups and the future of radiology for a quick buck.
                       

                    • Unknown Member

                      Deleted User
                      April 25, 2023 at 7:41 am

                      “As of April 4, 2023 Moody’s listed 227 companies at the bottom of its junk-ratings ladder, suggesting an increasing number of companies are facing heightened financial stress due to elevated debt burdens. PE-backed businesses now make up to two-thirds of the names rated B3 negative or below by Moody’s.”
                       
                      [link=https://pitchbook.com/news/articles/KKR-Envision-Healthcare-PE-debt-equity]https://pitchbook.com/new…lthcare-PE-debt-equity[/link]
                       
                      PEs chasing yield all the way to bankruptcy. 

                    • Unknown Member

                      Deleted User
                      April 25, 2023 at 7:43 am

                      “Envision missed an interest payment Saturday of around $40 million and entered a 30-day grace period, according to reports. Envision has around $1 billion in outstanding unsecured bonds that carry an 8.75% interest rate and are due in 2026, market data platform MarketAxess reported. The company also failed to make a timely disclosure of its Q4 financial results.”
                       
                      we will see what happens in a month or less to Envision.

                    • Unknown Member

                      Deleted User
                      April 25, 2023 at 8:17 am

                      “The restructuring options reportedly include a debt-for-equity swap that could diminish or erase KKR’s ownership stake in Envision.”

                    • mwakamiya

                      Member
                      April 25, 2023 at 8:18 am

                      Chapter 11 bankruptcy anyone?

                    • Unknown Member

                      Deleted User
                      April 25, 2023 at 8:28 am

                      Notice chapter 11 vs 7. Company not going away sartorius.

                    • smfst7_929

                      Member
                      April 25, 2023 at 9:41 am

                      Do me a favor- google What percentage of Chapter 11 bankruptcies are successful?

                      Please report back with your answer.

                    • Unknown Member

                      Deleted User
                      April 25, 2023 at 11:03 am

                      [link=https://repository.law.umich.edu/cgi/viewcontent.cgi?article=1349&context=mlr]https://repository.law.um…e=1349&context=mlr[/link]
                       
                      50% based on Envision’s large size but 15% success rate for all chapter 11 filings. 
                       
                      I didn’t realize rates were so bad. Chapter 11 no panacea.
                       
                      I will really miss Envision- loved getting paid 20 per wrvu. 
                       
                      Hey we still have Radpartners!

                    • satyanar

                      Member
                      April 25, 2023 at 11:53 am

                      There is no possible recovery for Envision. If they can’t make debt payments in this environment it surely will not get better. Their biggest expenses are with radiologists. If they fail to pay them they will quit and go elsewhere and then the problem is worse.

                    • mwakamiya

                      Member
                      April 25, 2023 at 1:51 pm

                      The permanent dissolution of this great beacon of American exceptionalism/capitalism will help with the shortage of rads.  Maybe they can stand on the San Francisco bridge with a sign “will read your CTs and MRIs for food.”

                    • gmail.com

                      Member
                      April 25, 2023 at 3:30 pm

                      Any Envision radiologists out there?
                      Is there a real chance that payroll could be missed?

                      Quote from PirateRad

                      The permanent dissolution of this great beacon of American exceptionalism/capitalism will help with the shortage of rads.  Maybe they can stand on the San Francisco bridge with a sign “will read your CTs and MRIs for food.”

                    • smfst7_929

                      Member
                      April 25, 2023 at 4:10 pm

                      Quote from PPRad

                      Any Envision radiologists out there?
                      Is there a real chance that payroll could be missed?

                      Quote from PirateRad

                      The permanent dissolution of this great beacon of American exceptionalism/capitalism will help with the shortage of rads.  Maybe they can stand on the San Francisco bridge with a sign “will read your CTs and MRIs for food.”

                      So PPRad, sounds like you arent a PPrad. How long you been with Envision?

                    • gmail.com

                      Member
                      April 25, 2023 at 4:17 pm

                      I do not work for Envision.
                      I am a private practice rad.

                      Quote from sartoriusBIG

                      Quote from PPRad

                      Any Envision radiologists out there?
                      Is there a real chance that payroll could be missed?

                      Quote from PirateRad

                      The permanent dissolution of this great beacon of American exceptionalism/capitalism will help with the shortage of rads.  Maybe they can stand on the San Francisco bridge with a sign “will read your CTs and MRIs for food.”

                      So PPRad, sounds like you arent a PPrad. How long you been with Envision?

                    • smfst7_929

                      Member
                      April 25, 2023 at 4:31 pm

                      Quote from PPRad

                      I do not work for Envision.
                      I am a private practice rad.

                      Quote from sartoriusBIG

                      Quote from PPRad

                      Any Envision radiologists out there?
                      Is there a real chance that payroll could be missed?

                      Quote from PirateRad

                      The permanent dissolution of this great beacon of American exceptionalism/capitalism will help with the shortage of rads.  Maybe they can stand on the San Francisco bridge with a sign “will read your CTs and MRIs for food.”

                      So PPRad, sounds like you arent a PPrad. How long you been with Envision?

                      Then why do you care if rads get paid?  Trying to poach some Envision employees with a great offer like “hey at least you’ll get paid at my PP”

                    • ds_428_213

                      Member
                      April 25, 2023 at 4:58 pm

                      Being a private practice Rad has to be taken with a huge grain of salt these days. Every rad that sells out to RP, Envision, US Rad, Lucid, etc etc still considers themself a private practice Rad and markets themself as a private practice to unsuspecting newly minted radiologists. Kind of like how even criminals dont consider themselves to be bad people.

                    • gmail.com

                      Member
                      April 25, 2023 at 5:06 pm

                      Understood. 
                      Not affiliated w/ PE at this time.  Approached by RP several years ago but the demographic make up of the group did not work for the older rads that wanted to sell.

                      Quote from Alpha Angle

                      Being a private practice Rad has to be taken with a huge grain of salt these days. Every rad that sells out to RP, Envision, US Rad, Lucid, etc etc still considers themself a private practice Rad and markets themself as a private practice to unsuspecting newly minted radiologists. Kind of like how even criminals dont consider themselves to be bad people.

                    • smfst7_929

                      Member
                      April 25, 2023 at 10:01 pm

                      Quote from PPRad

                      Understood. 
                      Not affiliated w/ PE at this time.  Approached by RP several years ago but the demographic make up of the group did not work for the older rads that wanted to sell.

                      Quote from Alpha Angle

                      Being a private practice Rad has to be taken with a huge grain of salt these days. Every rad that sells out to RP, Envision, US Rad, Lucid, etc etc still considers themself a private practice Rad and markets themself as a private practice to unsuspecting newly minted radiologists. Kind of like how even criminals dont consider themselves to be bad people.

                      Not affiliated at this time?  How about, ” I will never be affiliated with a bloodsucking PE entity”. That sounds better. Fixed it for you.

                    • Unknown Member

                      Deleted User
                      April 27, 2023 at 11:45 am

                      Quote from sartoriusBIG

                      Quote from PPRad

                      Understood. 
                      Not affiliated w/ PE at this time.  Approached by RP several years ago but the demographic make up of the group did not work for the older rads that wanted to sell.

                      Quote from Alpha Angle

                      Being a private practice Rad has to be taken with a huge grain of salt these days. Every rad that sells out to RP, Envision, US Rad, Lucid, etc etc still considers themself a private practice Rad and markets themself as a private practice to unsuspecting newly minted radiologists. Kind of like how even criminals dont consider themselves to be bad people.

                      Not affiliated at this time?  How about, ” I will never be affiliated with a bloodsucking PE entity”. That sounds better. Fixed it for you.

                      Never say never in Radiology. After 25 years in the business I can honestly say I will never know what hospital admins will do. Hospital admin more powerful than ever. Don’t cross them Sart or you may wind up working for RP.

                    • gmail.com

                      Member
                      April 25, 2023 at 5:04 pm

                      Curiosity.  It’s good to know these things b/c with hundreds of rads involved it’s big news.
                       
                      Plus, if they are looking for jobs then yes it would help us to have access to rads who are looking for work.
                       

                      Quote from sartoriusBIG

                      Quote from PPRad

                      I do not work for Envision.
                      I am a private practice rad.

                      Quote from sartoriusBIG

                      Quote from PPRad

                      Any Envision radiologists out there?
                      Is there a real chance that payroll could be missed?

                      Quote from PirateRad

                      The permanent dissolution of this great beacon of American exceptionalism/capitalism will help with the shortage of rads.  Maybe they can stand on the San Francisco bridge with a sign “will read your CTs and MRIs for food.”

                      So PPRad, sounds like you arent a PPrad. How long you been with Envision?

                      Then why do you care if rads get paid?  Trying to poach some Envision employees with a great offer like “hey at least you’ll get paid at my PP”