Parvovirus B-19 infection during pregnancy can pose risks to the fetus, including congenital infection, spontaneous abortion, and fetal anemia. Diagnosis typically involves serology testing to detect IgG and IgM antibodies, with further monitoring through ultrasounds if infection is confirmed. The management of affected pregnancies may require fetal surveillance, intrauterine transfusions, and close monitoring of maternal and fetal health to mitigate risks associated with the infection.