Imagingbiz editors Cheryl Proval and Cat Vasko returned from RBMA last week bursting with news. Here are their thoughts on the conference:
DataMAXX: You’ve Got to Give a Little
The RBMA took the opportunity to soft-launch its new data warehouse, DataMAXX, at the recent Summit, and the good news is that it is free—almost.
If you want basic reports only, the cost of participating is to contribute your data to run unlimited number of customized reports. If members do not want to contribute, then the cost is $500. Premium reporting also entails a fee, but offers more flexibility in sorting the data by size of practice and geography.
A Cure for Commoditization
Quality was on the tips of many tongues last week at the RBMA meeting in Colorado Springs, yet quality continues to be enigmatic. We have the CMS measures—PQRS, Hospital Compare, Physician Compare, MOC, and PQI, ACR accreditation for outpatient imaging centers—and the private payor measures, most notoriously represented by prior authorization.
What radiology considers quality is less defined and, to date, falls into three categories: subspecialization, critical results communication, and accuracy. On the sold-out RBMA exhibit floor, eight teleradiology companies offered subspecialty reads, and one information technology company—eRad—offered a web-based, cloud-hosted distributed reading
MOC: Who Me?
Don’t be surprised if some intergenerational strife emerges in your practice around whether or not to participate in the maintenance of certification program—not to mention some accounting complexities.
It’s well known that radiologists who passed their board exams prior to 2002 hold lifetime certificates and are not required by CMS to participate in the program. However, CMS is strongly encouraging those lifetime certificate holders to participate in MOC by offering bonus incentives that will transition to penalties in 2015.
Viability of the Private Practice
If you think radiologists are spooked by the physician-acquisition trend among hospitals, then consider the unease it provokes among practice executives. The subject of practice independence was a running theme throughout the RBMA Summit in Colorado Springs this past week, in the session rooms—but also in sidebar conversations.
In a particularly relevant session titled “The Captive LLC: Gaining Strategic Alignment While Retaining Independence,” Medical Management Professionals’ Ed Gaines and David Myrice posed this line of reasoning for negotiating a co-management agreement or a captive LLC: If integration can be achieved without dissolution of the practice, why
Imaging Legislation in the Election Cycle
No matter where you fall on the political spectrum,