Full charge-capture has become a must for today’s radiology practices. In addition to affording the obvious advantages of improved cash flow and lost-income recovery, full charge-capture offers providers access to a more complete—and therefore, more accurate—complement of data for use in negotiating with hospitals and payors, assessing physician

Radiology practices interface with many disparate information systems that produce data, but generating meaningful reports that pull information from all of those systems—PACS, RIS, billing, and reporting—is too cumbersome to be done with any regularity. As payors begin to link reimbursement to outcomes and episodes of care replace individual

Improvement of commercial-payor contracts can result in significant revenue gains and better contracts for medical groups, with radiology practices among them. Successfully negotiating such deals, however—and optimizing them to include financial dividends—necessitates that actionable business intelligence be brought to the bargaining table.

Many radiology-practice leaders will, at one juncture or another, pursue business directions intended to increase partners’ incomes. While nothing is inherently wrong with this approach, following an alternate route that involves investing in technology to position the practice for greater income in the future—and leveraging data to justify and

Today, more than ever, imaging providers must harness the power of actionable business intelligence in all aspects of their operations, including the communication of quantifiable outcomes to payors, client hospitals, referrers, and patients. Such is the strategy to be explored in each issue of RadAnalytics, under the MedAnalytix.com umbrella.

In early 2009, physician and business leaders of Advanced Medical Imaging Consultants, PC, Fort Collins, Colorado, found themselves wrestling with the decision of whether to add a new site of service at a rural hospital. Instinct told them that the practice was up for the challenge: With 27 radiologists and 17 staff members (including full-time