Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.
ImageCare Radiology announced the decision Nov. 21, with the practice pulling out of Atlantic Health's Hackettstown and Newton Medical Centers effective the same day.
Capitol Radiology has provided outpatient imaging services to UMMS for 20 years, but the institution is working to open a new facility just 50 yards from its outpatient center.
The Scottsdale, Arizona, radiology group believes that UHC's contract proposals "don’t recognize the escalating costs of continuing to provide safe and high-quality medical imaging."
Prior to the final proposal’s release, the American College of Radiology reached out to CMS to offer its recommendations on payment rates for five out of the six the new codes.
New American College of Radiology CEO Dana Smetherman, MD, discusses the impact of reimbursement cuts, issues with staffing costs and prior authorization.
Experts believe that these reimbursements will begin to gain steam as more organizations turn to AI to help address some of healthcare’s biggest pain points, such as staffing shortages.