The 97 to 2 roll call vote in favor of the bi-partisan bill (H.R. 527) virtually guarantees the U.S. Helium Reserve will stay open past the October 7 deadline to close it

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

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

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

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.”

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.”

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.

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.