Providers utilize business intelligence to monitor referral patterns and collaborate with clinicians who order their services. Such analytics tools have also been deployed in the specialty to improve productivity, track patient satisfaction and bolster quality.
Advocates say the shift to CCTA can translate into a broader financial impacts, with some cath labs potentially seeing margin increases of as much as 40%.
RadNet Chaiman and CEO Howard Berger, MD, explains why the company has invested tens of millions into DeepHealth to rapidly build up a new business model.
The Los Angeles-based imaging group believes the move will make its DeepHealth subsidiary the “largest provider of radiology clinical AI solutions worldwide.”
Viewing revenue-cycle management as a function limited only to billing is shortsighted at best, and is more likely to be a mistake. Revenue-cycle management affects the entire practice, imaging center, and hospital radiology department, from a new patient’s first inquiry (whether made by telephone, through an online portal, or in person) to the
In recent years, the diagnostic imaging industry has served as a microcosm, of sorts, for the larger health care industry. Diagnostic imaging has seen rapid technological advances that have dramatically increased diagnostic capabilities and increased demand for services, as well as increases in both the number and types of providers offering
Few would argue that one of the most impressive accomplishments of engineering, throughout history, has been the bridge. From the towering Golden Gate to the simple plank stretched across a stream, bridge design and construction are the essence of problem solving. Bridges exist for no other reason than to overcome the obstacle of a river, a valley,
Five centuries ago, the Roman Catholic Church introduced the devil’s advocate for the express purpose of countering arguments in favor of canonization. It’s too bad that Time Warner, Yahoo, and George W. Bush did not have devil’s advocates at hand when they decided to buy AOL, spurn Microsoft’s purchase offer, and invade Iraq.
Among the more interesting dramas unfolding in the medical imaging profession these days are the number and variety of transactions that are either in the pipeline, in the process of due diligence, or otherwise in some organization’s strategic plan for 2010. Consolidation is one of the indicators of a maturing marketplace, and it is clear that
Imaging providers are well aware of the many challenges that radiology groups are facing today. Considering all of the various external threats, one is reminded of the motto sometimes attributed to Blackbeard (Edward Teach, 1680–1718): The floggings will continue until morale improves. It is in this environment that many radiology groups must
Any reader of Radiology Business Journal knows that the complexity and intensity of managing a radiology practice are increasing exponentially. Likewise, we face myriad external factors from Washington that change almost daily and that are, seemingly, out of our control: health reform, the Physician Practice Information Survey, cuts due to the
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.
