Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.
“This efficiency in detecting errors may hint at a future where AI can help optimize the workflow within radiology departments," a lead author of the study said.
For the first time, the percentage of practice ownership by PE firms and other corporate entities (30%) surpassed hospitals or health systems' share (28%).
The original inciting incident occurred in July 2014, when 58-year-old James Griswold visited the Connecticut provider group for a nuclear stress imaging test.
"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.