Business strategy has been proceeding backward for three decades or more, according to the authors of Blue Ocean Strategy.¹ In the September 2009 issue of Harvard Business Review,² W. Chan Kim and Renée Mauborgne (of INSEAD, a prominent international business school based in France and Singapore) extend the principles of Blue Ocean strategy to how

In the June 1, 2009, issue of The New Yorker,¹ surgeon-journalist Atul Gawande, MD, MPH, introduces the world to two US cities that, when contrasted with one another, expose the wide gulf in the cost of US health care delivery and outcomes: McAllen, Texas, and Grand Junction, Colorado. According to 2006 Medicare Part A and B data compiled in the

The heightened interest in electronic medical records (EMRs) and electronic health records (EHRs) can be attributed, in part, to the recent announcement that federal funds under the American Recovery and Reinvestment Act (ARRA) would be made available to qualified medical practices commencing in 2011. Though radiology continues to question its

One of the greatest risks taken by a radiology practice with a formal corporate culture in place is that of hiring personnel who will not support its values. Rodney Owen, MD, president of Scottsdale Medical Imaging, Ltd, (SMIL) in Arizona, says, “Although behavior can be changed, to a certain extent, you can’t take someone who is narcissistic, for

Private and public companies alike have long sown the seeds of success by conceiving and adhering to a corporate culture that dictates how employees interact with customers and clients, as well as with each other. The rationales for adopting an unimpeachable corporate culture within the health care sector are airtight and multifaceted. Perhaps most

If you are anything like me, you have had a few sleepless nights worrying about the future of the health-services industry. Historically, the industry has been a safe haven for investment due to the fact that it is not directly dependent on economic cycles. That, however, has changed in recent years (Figure 1).

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Every business has its stressors, and certainly, the past year has been an economic challenge for many different industries. Radiology, however, seems to have endured more than its fair share of obstacles during the recent interesting times in which we live.