Management

This page includes content on healthcare management, including health system, hospital, department and clinic business management and administration. Areas of focus are on cardiology and radiology department business administration. Subcategories covered in this section include healthcare economics, reimbursement, leadership, mergers and acquisitions, policy and regulations, practice management, quality, staffing, and supply chain.

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Central Illinois Radiological Associates Joins SR

Strategic Radiology (SR) has strengthened its Midwest presence with the addition of Central Illinois Radiological Associates (CIRA), a group practice with 77 radiologists

RLI Seeks Leadership Luminary Award Nominations

The ACR’s Radiology Leadership Institute is accepting nominations for the 2014 RLI Leadership Luminary Award until Feb. 28, 2014

Surmounting the Challenges of Radiology-group Affiliation to Achieve Sustainability

IMP

In the most recent issue of this publication, I spoke of an emerging business model for radiology practices that want to maintain their independence while making the best use of economies of scale: local and/or regional affiliation. As hospitals and health systems continue to consolidate under emerging payment and delivery models, medical groups that hope to continue serving these customers as independent entities will have to increase in scope and scale to survive.

A Success Strategy for Practice Affiliations

IMP

I have recently been writing commentaries in our various publications about the evolution of the practice model for the radiology group, especially as it relates to what radiologists need to do in order to succeed in a maturing marketplace. It is clear that a new normal exists in which revenue predictability and certainty about practices’ growth trajectories have been replaced by confusion, uncertainty, and discussions about reinvention. There are a couple of reasons that the need for a new strategy has now accelerated. I believe that these new market forces will be unforgiving to those who act as though this is simply another in a continuing series of minor setbacks and annoying speed bumps.

MITA Adds Its Perspective to SGR Reform Effort

MITA wrote with praise, but also concerns, to the leadership of the Senate Finance and House Ways and Means committees currently working on draft legislation to reform the SGR formula for determining Medicare physician payments

Tandem Radiology Plans to Fight vRad Suit

Tandem Radiology LLC, is being sued by Virtual Radiologic Corporation (vRad) and NightHawk Radiology Services LLC in federal court for infringing on vRad/NightHawk patents and trade secrets

MGMA Finds Link Between Better Performance and Surveying Patient Satisfaction

Could simply asking your patients about their experience with your practice improve your performance? A survey of Medical Group Management Association (MGMA) members indicates that yes, it may

vRad Shares its Data to Aid Providers in Demonstrating Imaging’s Value

Virtual Radiologic is rolling out free access to benchmarking metrics derived from its clinical database of more than 22 million imaging studies in order to help change the discussion around imaging utilization from one of managing costs to creating value

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Around the web

Health Imaging
Nearly $800,000 settlement offered to family of man who died during MRI exam

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

Cardiovascular Business
Global shortage of nuclear imaging isotopes may be over

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.

Cardiovascular Business
‘A huge win’: CMS significantly increases Medicare payments for cardiac CT

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.