When Bill Lawrence became CEO of Central Michigan Community Hospital (CMCH) in Mt Pleasant, in 2008, he began examining options for improving the hospital’s radiology services. Declining volumes, long turnaround times, and lack of specialization were among the issues that had led to increasing dissatisfaction with the hospital’s radiology services.

Analysis of the fair market value of an imaging center requires the analysis of disparate sets of information regarding the environment in which the subject company operates. The valuation analyst will research various sources of economic and industry data, as well as obtaining company-specific information as part of the analysis.

To improve patient care and further build its business, Riverside Radiology of Columbus, Ohio, wanted to provide 24/7, subspecialized service to all 10 of its hospital clients. The busy radiology practice, with 70 physicians, was already providing 24/7 coverage to its hospitals, but according to Mark Alfonso, MD, president of Riverside Radiology,

In spite of downturns in volumes and concerns about further reimbursement cuts, radiology physician recruiting remains a seller’s market, at least for the time being. More groups are looking for radiologists than there are qualified candidates, putting pressure on practices to optimize their recruiting techniques. While the recent changes in the

An October 26 commentary in the Wall Street Journal entitled “Big Insurance, Big Medicine” was prescient in its evaluation of the impact on the health-care profession—the business of medicine—of the Patient Protection and Affordable Care Act. I say prescient because the predicted impact happens to parallel the transformation of the business side of

Four community hospitals, each located in a non-metropolitan area, sought to improve their radiology service. Each began to see improvements within about six months, and the gains were accomplished, for the most part, without adding new or better modalities.

The decision to outsource billing is one faced with increasing regularity by radiology groups seeking to trim costs while maximizing reimbursement. Within this larger decision also lies another conundrum: how to select the outsourced-billing approach that best suits the practice. Kevin Shepherd is chief development officer for Medical Management

In today’s business environment, it is critical for health care organizations and their leaders to demonstrate a thorough understanding of their respective markets’ dynamics, needs and demands—and to make decisions accordingly, said Donna Wade in the “Know Your Market to Grow Your Market” session held on August 24 at the annual meeting of the AHRA: