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Perspectives
Imaging Market Files

+ Forecasting Imaging Use Under Health-care Reform

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+ CT and MRI: Regional Variations in Utilization and Reimbursement

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+ Hospital-based Versus Freestanding Outpatient Imaging Services

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+ Cost Comparison: Hospital-based Versus Freestanding Outpatient Imaging Services

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+ Radiology-group Financial Performance

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+ Outpatient Imaging Utilization Trends

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+ The Radiology Staffing Market, Temporary and Permanent

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Announcing the Top 5 Imaging IT Projects of 2012

Posted: May 16, 2012

Innovation in imaging IT will take center stage at SIIM 2012, when the top five imaging IT projects of 2012 will be presented to convention attendees.

All five honorees emerged from a juried competition co-sponsored by the Society for Imaging Informatics in Medicine (SIIM) and Radiology Business Journal (RBJ)....

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DICOM Grid Closes $5M in Expansion Financing for DG Suite

Posted: May 16, 2012

Phoenix, AZ-based DICOM Grid closed a $5 million round of expansion financing today that the company hopes will allow for the expansion of its DG Suite cloud-based imaging platform.

DICOM Grid provides real-time, vendor-neutral access to imaging studies. The company also announced that with this latest financing it...

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New Software Module Could Shave Seven Weeks off Research Results Reporting

Posted: May 15, 2012

A new QA compliance module could help reduce errors in clinical data submission and accelerate the speed at which imaging data for medical trials is processed.

AG Mednet, the makers of the Submission Quality & Compliance software module, say the solution “is the first automated quality assurance...

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VirtualScopics Posts Q1 Financials

Posted: May 15, 2012

Quantitative imaging provider VirtualScopics, Inc. announced its financials today.

As compared with revenues of $3.6 million in the first quarter of 2011, its $3.7 million in revenues were up 2 percent in the first quarter of 2012. At $613,544, net losses for the first quarter of 2012 were up 33 percent year-over-year (as compared with...

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In WI, NNSA Kickstarts Domestic Isotope Manufacturing with $10M Grant

Posted: May 15, 2012

Since the summer of 2010, when travel disruptions from an ash-spewing Icelandic volcano exposed the fragility of the domestic isotope supply, researchers and policymakers alike have been working on a plan to stabilize global production of technetium-99m.

In Canada, scientists at the national research laboratory, TRIUMF, proposed...

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Gate Stroke Center Study Finds Toshiba’s Aquilion ONE CT Improves Acute Stroke Diagnoses

Posted: May 15, 2012

Kaleida Health’s Gates Stroke Center (GSC) at the Gates Vascular Institute in Buffalo, N.Y. recently completed the second phase of its study analyzing the patient and fiscal benefits of using Toshiba America Medical System, Inc.’s Aquilion ONE CT system in diagnosing acute stroke.

According...

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Laxative-Free CT Colonography Shows Promise, but Needs Fine-Tuning

Posted: May 14, 2012

Laxative-free CT colonography might be on its way to greater adoption, say researchers at Harvard Medical School, but the technology still has some holes in its game.

US News & World Reports cites an advance study in the Annals of Internal Medicine, in which patients who opted...

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Brachytherapy Defenders Challenge JAMA Study as Old News

Posted: May 14, 2012

The purpose of radiation therapy is to spare breast cancer patients the discomfort and disfigurement of a mastectomy. In recent years, a variety of technologies have emerged that offer alternative treatment delivery methods. But how effective are they?

A JAMA study published May 2 has caused a stir...

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Steven Beumel, Mayo Clinic Rad Tech, Guilty of Hep C Tampering

Posted: May 11, 2012

In the six years he was employed by the Mayo Clinic in Jacksonville, FL, radiology technician Steven Beumel swapped out Fentanyl for saline laced with Hepatitis C at least five times. Today, the 48-year-old man pled guilty to charges of tampering and theft by deception. One man died as...

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UK Dept of Health Extends Accenture Contract

Posted: May 11, 2012

The United Kingdom Department of Health extended its PACS contract with global management consultancy Accenture for another year, the group announced yesterday.

Accenture delivers its PACS services to 90 hospitals in the National Health Service Trusts (NHS) in the North East and East of England/East Midlands. The...

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Reform Anxiety: Medicaid Hike, Docs Overbilling, and Congress Wants War Effort to Foot the Bill

Posted: May 11, 2012

Anxiety about the impact of national healthcare reform reverberated throughout the halls of lawmakers, policymakers, and federal administrators this week, as America tries to decide where and how its healthcare system will bear the burden of increasing patient populations and the costs of treating them.

For starters,...

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BC Technical Aquires Consus Medical Imaging

Posted: May 11, 2012

In March, BC Technical, Inc. acquired Consus Medical Imaging, a company that specializes in servicing Molecular Imaging equipment out of Jacksonville, FL. This acquisition will expand Utah-based BC Technical’s customer base in the Southeast.

BC Technical’s President and CEO Mark Alvarez commented in the press...

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RadNet Posts Q1 Results: Revenue, Assets Up

Posted: May 10, 2012

After a quarter of aggressive partnerships and acquisitions in early 2012, RadNet still posted a 17 percent increase in year-over-year revenues for the quarter, which totaled $168.5 million. Per-share net income for the quarter was flat, an improvement over Q1 2011 figures, when shares lost $0.02 apiece.

The company numbers $626.3 million in...

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Lantheus Inks Isotope Deal with JHS as Ben Venue Exits the Picture

Posted: May 10, 2012

As Ben Venue Laboratories continues to withdraw from the contract manufacturing services market, its client, Lantheus Medical Imaging, has found a new partner for the manufacture of a pair of contrast agents.

Jubilant HollisterSteir brokered a five-year-deal with Lantheus to make Cardiolite and Neurolite, two technetium-based isotopes...

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GE Installs First SenoBright Scanner in the U.S.

Posted: May 10, 2012

With the potential to provide adjunctive therapies and on-site reading in a single appointment, the new SenoBright breast imaging technology from GE could be a game-changer, the company says.

Its first installation is now complete, at the Pink Lotus Breast Center in Beverly Hills, CA.

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Healthcare Reform Will Not Mean Less Imaging, Says Regents Health

Posted: May 09, 2012

Whatever form the Patient Protection and Affordable Care Act (PPACA) may take—and we are, of course, in an election year—a confluence of factors conspires to keep radiologists in demand for the foreseeable future, says Brian Baker, President of the Franklin, TN-based Regents Health Resources.

“There...

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FDA Issues Guidance Document on Pediatric Imaging

Posted: May 09, 2012

Today the FDA released for public comment a guidance document on pediatric imaging that should help x-ray manufacturers develop devices better suited to safely imaging child patients.

Citing the inreased radiosensitivity of children as compared with that of adults, the greater timeline along which overexposure could manifest...

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Unecessary Imaging Related to Cost? Liability? Lack of Information?

Posted: May 09, 2012

Instances in which imaging is unnecessarily performed may be related to a gap in adherence to report recommendations, says new research from Harvard Medical School teaching affiliate, Brigham and Women’s Hospital.

Repeat analysis of some 250 PET/CT patient reports gathered by researchers in the radiology department...

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Medical Center, NJ Radiology Group Train Chinese Doctors in Interventional Techniques

Posted: May 09, 2012

CentraState Medical Center just finished a week-long training program for physicians from China on comprehensive imaging and interventional techniques for diagnosing breast cancer.

The group trained with Ken Tomkovich, MD, medical director of Interventional Radiology at CentraState and with the Freehold Radiology Group in New Jersey.

...

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Living Large: Hitachi Gets Go-Ahead for 74-cm Open-Bore MR

Posted: May 08, 2012

Hitachi Medical Systems today received FDA clearance to market its Echelon Oval Ultra-Wide MR system, which boasts the widest design of any MR unit on the market.

At 74 cm, the 1.5T open-bore scanner is meant to benefit particularly patients who suffer from obesity and claustrophobia, with advanced...

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Most Stroke Victims Do Not Get Diagnostic Imaging Fast Enough

Posted: May 08, 2012

Fewer than half of all stroke patients undergo brain imaging within the AHA-recommended, 25-minute window after arriving at the ER, according to a new study in the journal Stroke.

CT or MR scans are critical in determining whether a stroke is caused by a blockage or a...

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ACR, HIMSS Comment on MU2 Proposed Rule Changes

Posted: May 08, 2012

The public-comment period for MU2 entered full swing this week, as both ACR and HIMSS weighed in on proposed rule changes to the federal EHR Incentive Program.

“We worked with our IT and informatics committee to compile input from a variety of folks, including our own members,...

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Ontario Radiologists Facing Payment Cuts Reports National Post

Posted: May 07, 2012

Canadian radiologists in the Province of Ontario may face steep payment cuts, according to an article from the National Post.

Ontario’s Liberal government has repeatedly said it is seeking to freeze physician payment over the next two years, in line with a pay cap it has...

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Unemployment Directly Responsible for Medicaid Enrollment, Says Kaiser

Posted: May 07, 2012

A new report from the Kaiser Family Foundation demonstrates distressing evidence that employment losses—and the subsequent loss of healthcare benefits tied to those jobs—has directly related in a nearly 20 percent increase in the number of Medicaid subscribers.

From June 2007 to June 2010, more than 8 million Americans...

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Highmark-UPMC Saga Lurches toward Resolution

Posted: May 07, 2012

After months of fireworks from the two goliaths of healthcare in the city of Pittsburgh, the roaring battle has subsided into a fragile, temporary ceasefire that likely will end up punishing subscribers more than any of its principal players.

In the dust, Highmark-insured patients scurried off with...

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EXCLUSIVE: Q&A with vRad CEO George Morgan

Posted: May 07, 2012

New VRAD CEO George Morgan sat down with Imagingbiz to discuss his recent appointment to the position, his view of the future of teleradiology, and why it’s better to take a public company private.

What are your immediate objectives for VRAD in your new position?

...

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Toshiba America Medical Systems Names New VP of Business Operations

Posted: May 07, 2012

Toshiba America Medical Systems, Inc. (TAMS) has named Calum Cunningham vice president, Business Operations. In his new role, Cunningham is responsible for Toshiba’s business operations, specifically in maintaining customer satisfaction.

“Calum’s leadership in business operations will ensure that Toshiba continues to achieve high customer satisfaction,...

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RSNA Image Share Project Reports High-level of Patient Engagement

Posted: May 04, 2012

Two months after activating all four sites of a study into portable, patient-controlled medical records, a Mt. Sinai researcher is seeing evidence that his model could help drive down imaging costs through an innovative, open-source model.

David S. Mendelson, lead investigator in the RSNA ImageShare project says...

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Castlight Bumps up to $180M with Latest Financing

Posted: May 03, 2012

Castlight Health, the company that facilitates healthcare e-consumerism, set a niche record today for the most amount of money raised by an HIT start-up, according to Forbes.

The company tallied an additional $100 million in a Series D offer, raising its capital to $181 million in the past four...

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Study Blames High Prices, Technology for U.S. Health Care Costs

Posted: May 03, 2012

In a per-capita comparison among a dozen other Western nations, the United States is far and away the price leader in healthcare if not the utilization leader, according to a new report from policy group The Commonwealth Fund.

The report, which sources its data from the Organization...

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