+ 2011’s Top 20 Imaging-center Chains: Second Annual Report
+ New Payment Models and the Radiology Practice
+ Productivity Pressure: IT Unlocks New Radiologist and Referrer Capabilities
+ Quantum Leap: Radiology Groups Consolidate to Grow
+
Forecasting Imaging Use Under Health-care Reform
read or download pdf
+
CT and MRI: Regional Variations in Utilization and Reimbursement
read or download pdf
+
Hospital-based Versus Freestanding Outpatient Imaging Services
read or download pdf
+
Cost Comparison: Hospital-based Versus Freestanding Outpatient Imaging Services
read or download pdf
+
Radiology-group Financial Performance
read or download pdf
+
Outpatient Imaging Utilization Trends
read or download pdf
+
The Radiology Staffing Market, Temporary and Permanent
read or download pdf
provided by
Just in time, radiology providers are arriving at an understanding of their unique branding propositions.
Are we almost there? That refrain is familiar to anyone who has ever taken young children on a long road trip. The kids get anxious and are easily bored, you get a bit cranky, and the trip seems to take a lot longer than you remember it taking, back when you took the same route unencumbered by responsibility for the necessities of others. Ironically, in retrospect, the travelers can recall only the fun parts of the journey, remembering the highlights of shared experiences, challenges overcome, and interesting sites visited.
Such is the situation we find ourselves in with the current state of the medical imaging profession, as it morphs into something other than what we remember it being. The journey has been long and hard, but we seem to recall, with nostalgia, the good old days of radiology, as we face even more difficult paths ahead.
I sometimes feel like that proverbial driver, as I help radiology groups and imaging executives navigate the roads on their respective journeys toward the full realization that their practices have, in fact, become businesses, in every sense of the word. It seems that we have been talking about it for years, and yet we are only just finishing our first round of singing 99 Bottles of Beer on the Wall. A major difference, of course, is that I never lose my enthusiasm for this journey, and I cherish the relationships that I have developed while being a guide and supporter for these fellow travelers. I guess I really am a true road warrior.
The good news is that we’re getting close to being there. There is much more of a realization today that the road signs signaling key milestones are pointing clearly in the right direction, making it obvious to most that a renewed attention to the principles of business is the best way to ensure success in today’s crowded imaging marketplace. In years past, it was a lot easier to make it up as one went along on the journey, but that is no longer acceptable. Now, one needs definite guideposts and data points with which to measure progress.
How is radiology a business, and why does it matter?
As more information becomes available to patients and payors about costs, outcomes, quality, methods, turf issues, and other determinants of success, it becomes increasingly clear that patients/consumers will demand more from tomorrow’s providers of care. They will not be content with subpar customer service. They will not be content to wait for access to the system. They will not be content with indefensible costs and vague descriptions. Consumerdriven health care is arriving, and although it is not quite here yet, it is destined to become a reality with which the business of radiology will need to come to terms.
Successful businesses are governed by fundamental principles that relate to how best to differentiate themselves in the hearts and minds of their constituents and stakeholders. These customer groups can and do build loyalty to brands, organizations, service groups, and other enterprises based on the entity’s ability to articulate these differences in terms that the customer understands (and to which he or she can relate). Typically, this means finding the benefit to the customer, rather than the service feature that the entity is proud to describe.
The fundamental business proposition for today’s—and tomorrow’s—successful radiology practice, imaging center, or hospital outpatient group is to identify, and to articulate persuasively, the benefit to the customer of doing business with it. Why should customers come to you? In what way will they benefit? How are you different? In other words, what is in it for them? The groups that figure out how best to deliver on these basic tenets of business will be those that thrive in a consumer-driven health care arena. Where is your organization on the journey to achieving this ability? Are you there yet?
Billing Transparency for Radiology Groups Recording
Radiology efficiency: The leading edge
Smart Practice Decisions Begin with Data Integration Recording
Developing a Comprehensive IT Strategy for the Practice: Roles, Relationships, Resources
Centralized Imaging and Collaboration in Today’s Decentralized Imaging Business
Extreme RIS: Breaking Down Communication Barriers
Advanced Visualization | Next-generation Architectures
RIS to the Rescue | Strategies for Driving Revenue, Productivity and Profitability
Keep Your Hospital Relationships Healthy: Strategies for Every Practice
+ AHRA | The Association for Medical Management
+ American College of Healthcare Executives
+ American College of Radiology
+ NSW Medical Radiation Scientists
+ Radiology Business Management Association
+ Radiology Meaningful Use Site
+ Radiological Society of North America
+ SIIM - The Society for Imaging Informatics in Medicine