The Radiology Staffing Market, Temporary and Permanent

November 28, 2011 | NONE

Introduction: As pressures on reim- bursement and utilization continue to have an impact on the imaging market- place, radiology-staffing data suggest a shift in the availability and use of pro- fessional services over the past decade. This installment of the Imaging Market File tracks current and recent developments in... Read More »

The 75 Largest Private Radiology Practices

November 28, 2011 | Feature

Introduction During the break of a radiology-group retreat, a young radiologist was congratulating a radiologist 30 years his senior on his upcoming retirement. The young radiologist... Read More »

Radiology-group Financial Performance

September 04, 2011 | Feature

Reimbursement pressure, the rising cost of infrastructure, and trends in payor mix are putting continued downward pressure on radiologist compensation.

Introduction: This third installment of the Imaging Market File tracks four key financial-performance measures over time: payor mix, receipts per unit of service, administrative-infrastructure expense, and total... Read More »

The 50 Largest Private Radiology Practices

November 28, 2010 | Feature

Introduction A year ago, I would not have predicted the results... Read More »

Study: Imaging Improves Health Outcomes

March 16, 2010 | Imaging Futures

Lower mortality rates are among the benefits delivered by diagnostic imaging, according to a study in the December 2009 issue of the Journal of the American... Read More »

The 20 Largest Academic Radiology Practices

February 24, 2010 | Feature

EDITOR’S NOTE: Radiology Business Journal brings you this inaugural list of the largest academic radiology practices with our usual caveat: We know that this list is not complete. We publicized the survey through our e-journal ImagingBiz.com, and participation was completely voluntary. We extend our sincere gratitude to... Read More »

Cost of Care to Elderly Soars

December 01, 2009 | Health Care Statistics

During the decade following 1996, the average annual cost of health care for those 65 and older increased 30%, according to a recent analysis.1 Medicare footed a larger percentage of the bill for the elderly, fueled in part by the implementation of Part D in 2006.

The data sources were the... Read More »

The 50 Largest Radiology Practices

December 01, 2009 | Feature

Introduction by Joseph P. White, CPA, MBA

The second annual survey’s results are in, and I think you will find that they are representative of the larger groups in the country. We, of course, recognize that there are many large groups that chose not to participate... Read More »

The 25% Administrative Complexity Conundrum

September 09, 2009 | Practice Administration

A modest 10% optimization of health care’s administrative processes would save the US health care system $500 billion over 10 years. That is the estimate of the Healthcare Administrative Simplification Coalition (HASC), which sponsored a Summit on Administrative Complexity in Washington, DC, on November 13, 2008, and issued a report¹ based on... Read More »

Breakeven Modeling for a Multimodality Imaging Center

May 15, 2009 | Revenue Track

In the 1980s and 1990s, payor fees were generous for the newest modalities, and most freestanding imaging facilities were quite profitable. There was little need for advanced cost accounting. Imaging centers and facilities within physician’s offices proliferated, however. Payors became far more aggressive in discounting what they would... Read More »

CMS Decision on CTC Prompts Restrategizing

March 15, 2009 | Enterprise View

The CMS decision to retain nonapproval status for CT colonography (CTC) as a screening method for Medicare patients was a bitter pill for radiology to swallow—all the more bitter because, prior to the February 11 decision, the mood had been optimistic. After years of battling on behalf of CTC,... Read More »

Prove It

March 01, 2009 | Adview

It is time for the specialty to take a proactive role in evidence-based radiology

If you have any doubt that imaging remains a target for further cuts, you will find an article within a section on imaging¹ in the November–December 2008 issue of Health Affairs enlightening—if... Read More »

The Outpatient Imaging Forecast Is Mixed, but Growth Is Ensured

December 16, 2008 | Imaging Futures

In November 13, 2008, GE Healthcare, Waukesha, Wis, hosted a webinar entitled Interpreting the Future of Medical Imaging. Offering insights into the future of the field were Bob Maier, president and CEO, and Brian Baker, senior vice president, Regents Health Resources, Brentwood, Tenn.

Imaging will continue to grow, although... Read More »

The 50 Largest Radiology Practices

December 01, 2008 | Feature

Why compile a list of the 50 largest radiology practices? We acknowledge that the list is far from complete, and that there may be some inconsistencies in the way that respondents answered the questions. Some radiology groups chose not to respond, and some may not have been aware that the... Read More »

Economic Summit 2008: Audience Response

September 01, 2008 | Strategic Planning

A survey of attendees at a May 2008 meeting has yielded a snapshot of today’s primary concerns for radiology practices. Educational Symposia, Tampa, Fla, sponsored the Third Annual Economics Summit 2008: Solving Practice Issues, which was held in Las Vegas on May 1–3. Lawrence R. Muroff, MD, program director, asked the... Read More »

Ten Trends, Five Years: Predictions for Outpatient Imaging

May 15, 2008 | Radiology Business Journal

While long-term forecasts are always subject to error in a changing climate, today’s market trends can provide strong, reliable indications of what to expect in the future. For outpatient imaging over the coming five years, ten ongoing trends, in particular, can be predicted based on the changes being... Read More »

Outpatient Imaging Forecast: More Volume, Slower Growth, Heightened Competition

March 15, 2008 | Feature

With imaging representing the hospital’s greatest source of outpatient profits, hospitals must rewrite their playbooks to compete with more aggressive freestanding providers.

Strong growth, particularly for advanced imaging studies like CT, MRI, and PET/CT, has increased imaging volumes and profits at an unprecedented rate over... Read More »

Hospitals Still Outnumber Imaging Centers but the Gap Is Closing

March 15, 2008 | Governance

Diagnostic imaging centers continued their growth trajectory well into 2007, according to the latest Diagnostic Imaging Center Report from Verispan, Yardley, Pa. As of November 2007, Verispan had identified 6,414 freestanding diagnostic imaging centers in the United States, a 6.2% increase from the previous year. Though the number of imaging centers has increased... Read More »

RBMA DRA Mini-Survey: Most Practices Expect to Cut Radiologist Pay

September 15, 2007 | Legislative Report

A significant percentage of practice managers responding to a survey from the Radiology Business Management Association said radiologists would take a pay cut in 2007 if the DRA is not rolled back. The survey, DRA: How Is it Impacting Your Practice, conducted by LarsonAllen, Minneapolis, Minn, received 83 responses, 83.1% of which... Read More »

Sg2: More than 90% of Decade’s Imaging Growth Will Occur in Outpatient Sector

September 15, 2007 | Legislative Report

Imaging will grow a respectable but relatively sedate 12% to 14% over the next 10 years, and the vast majority of that growth will occur in the outpatient sector, predicted Michael Silver, PhD, vice president, Sg2, Skokie, Ill, at the 2nd Annual GE Healthcare Outpatient Imaging Center Conference in Washington, a rate... Read More »

Latest IMV CT Census Shows the Rapid Evolution of CT Technology

December 15, 2006 | NONE

(Des Plaines, IL – November 6, 2006) – According to IMV Medical Information Division’s recent census of CT sites in the U.S., an estimated 62.0 million procedures were performed in 7,650 hospital and non-hospital sites in 2006. This represents a 24% increased from 50.1 million procedures in 2003, for an average annualized rate of 8% per year over... Read More »