Business Intelligence

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.

Researchers, Industry, Radiologists Urge Helium Bill Passage

With the Oct. 7 deadline to close the Federal Helium Reserve looming, more than 100 academic institutions, manufacturers, physician organizations and other stakeholders signed a joint letter to Congress to change the law and allow the reserve to stay open until private helium suppliers are ready to take over

SGR Repeal May Cost $175.5 Billion Over 10 Years

According to the latest Congressional Budget Office (CBO) cost estimate, passing H.R. 2810: The Medicare Patient Access and Quality Improvement Act of 2013 as it currently stands will actually be 23 percent more expensive than the previous estimate for repealing the sustainable growth rate formula

Konica Minolta Medical Imaging Names New President and COO

Former GE executive and medical device industry veteran David Widmann will replace Henry Kobayashi as president and COO of the Japanese diagnostic imaging company

Emerging Practice Models: Integrated Care and Alignment

MMP

Many radiology practices, by now, have been persuaded of the importance of deeper alignment and integration with their hospitals and health systems. Jana Landreth, director of practice management for Zotec-MMP, says, “If your hospital approaches you wanting this, you need to embrace it. Going into this with reluctance or hesitation will not move your relationship forward, and the odds are that you will wind up doing it eventually anyway. If you embrace it now, you will be able to set the goals with the hospital and make them realistic for what your practice can achieve.”

The Cloud-based Approach to Meaningful Use: Inverness Medical Imaging

RamSoft

Inverness Medical Imaging (Inverness, Florida) had an especially strong motivation to apply for federal meaningful-use incentives: With a payor mix that was 60% Medicare, the radiology practice knew that the eventual penalties for not attesting to meaningful use would be too big a hit to sustain. John Erler, administrator, says, “The incentives are good, but if you aren’t meaningful-use compliant, the government will eventually reduce your reimbursement through Medicare. That’s a huge portion of our business, so it made sense for us to get onboard now and get as much of the incentive money as possible.”

Fair Market Value Versus Investment Value in Imaging: Understanding Standards

VMG

The standard of value must be established in performing a valuation of any imaging business. The standard of value defines the hypothetical conditions under which a valuation will be performed. These hypothetical conditions affect many of the underlying assumptions that an appraiser or valuator would employ in establishing a value opinion.

Redefining the Radiology Group: New Approaches and Roles

Optimal

At the 2013 annual meeting of the AHRA, held in Minneapolis, Minnesota, Chad Calendine, MD, CMO of Optimal Radiology Partners, presented “Radiologist As the Chief Marketing Officer” on July 28. The focus of his session was how radiology groups can enhance their value and visibility to the rest of the health-care continuum; Calendine believes that radiologists should more aggressively market themselves to stakeholders ranging from patients and referring clinicians to hospital administration.

The Population-health Revolution

Sponsored by Hitachi Healthcare Americas

Any community under duress is likely to find itself plagued by disagreements, infighting, and polemicizing. It’s a normal response to a difficult situation—especially one in which there are no easy answers to the challenges being faced. I think of this each time that I attend management-focused meetings (such as those of the AHRA or the RBMA) in which nonclinician businesspeople point to radiologists as the source of imaging’s current problems; at clinical conferences, physician thought leaders cite the increased focus on business-based priorities, such as productivity and efficiency, as the real issue.

Around the web

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.