by Curtis Kauffman-Pickelle
Today’s medical-imaging profession is definitely not for the fragile and weak-kneed among our colleagues. It is becoming increasingly clear that navigating the constant changes and challenges that face the practice of radiology today will be the ultimate test of tenacity, perseverance, and creativity. We’re in the playoffs now, and the game is moving to the big-time arena—where the margin for error is nil.
by Cheryl Proval
Physicians are in a real bind as fee-for-service reimbursement falls under attack and alternative payment methods (such as bundling and capitation) gain traction in Washington, DC. As of June 18, Medicare Part B claims were being processed with the 21.3% cut mandated by the sustainable growth rate’s formula, and House Democrats demanded legislation on jobs before they would pass the Senate bill to reverse the cut.
We provide strategic business and marketing expertise to assist in the growth of your medical imaging enterprise.
Our clients include radiology practices, imaging centers, and hospitals in large and small markets across the country.
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Whenever the economic aspects of business get tough, do more with less is a phrase heard everywhere.
This article is the second installment in a four-part series on applying basic business concepts to radiology.
From May 2007 to January 2008, an Atlanta, Georgia-based radiologist signed and submitted thousands of reports in his name, with one major caveat—he didn’t review a single one.
Scarce capital, these days, poses a serious threat to imaging enterprises hoping to see even modest growth.
If service, patient safety, and profit weren’t incentives enough, now hospitals and imaging clinics have another inducement to go digital: the Obama administration’s federal health care stimulus plan, which stresses health care IT and electronic medical records.
As little as one extra MRI per day can generate more than an additional $200,000 in incremental revenue annually, but most imaging centers use crude scheduling systems that do not accurately present a center’s potential throughput.
Radiology practices and departments that intend to offer coronary CT angiography (CCTA) need to consider how the additional exam volume and time commitments created by CCTA studies will affect their operations and their staffing models.
There is so much breadth and depth to today’s imaging marketplace that many radiology centers find themselves struggling to make sense of it all.
Radiology group practices can take the following seven steps to transform their practice models into something much closer to the ideal.
CT has become indispensable tool for physicians to use in diagnosing and managing a vast array of medical conditions.
As most markets are, the job market for physicians is fluid and is subject to shifts that can be either gradual or abrupt.
Hospitals trying to send both CR and DR images to PACS, especially for the same patient, have encountered multiple problems in the past.
As little as one extra MRI per day can generate more than an additional $200,000 in incremental revenue annually. But most imaging centers use crude scheduling systems that do not accurately present a center’s potential throughput.
As demand for imaging continues to grow, so too do the challenges of running an efficient and viable radiology practice.