Management

This page includes content on healthcare management, including health system, hospital, department and clinic business management and administration. Areas of focus are on cardiology and radiology department business administration. Subcategories covered in this section include healthcare economics, reimbursement, leadership, mergers and acquisitions, policy and regulations, practice management, quality, staffing, and supply chain.

Imaging and the ACO: Collaborating on Patient-centered Care

Sponsored by Hitachi Healthcare Americas

Michael Budimir, regional director of imaging services for Franciscan Alliance, an Indiana accountable-care organization (ACO), defines the principal goal of the ACO simply. “Everything has to be patient centered,” he says. “Today, in health care, we have to reevaluate everything from the patient’s perspective. In the ACO model, what helps the patient also helps the institution.”

Culture’s Role in Successful Radiology-market Consolidation

MMP

On September 4, 2013, Zotec Partners completed its planned acquisition of Medical Management Professionals (MMP) and created one of the largest revenue-cycle–management and practice-management companies in the country. The consolidation of the two companies mirrors the consolidation occurring in the primary industry that they serve—radiology—and

A Collaborative Approach to Dose Management: Sectra DoseTrack at UHCMC

Sponsored by Sectra

In June 2013, University Hospitals Case Medical Center (UHCMC) in Cleveland, Ohio, began feeding information from six of its 24 CT systems into a new dose-monitoring and reporting platform called Sectra DoseTrack™. Dave Jordan, senior medical physicist for the organization, explains that UHCMC turned on the system in early September, after feeding data to it for almost three months. “We were fortunate in that we were able to implement a system like this without a problem we needed to solve,” Jordan notes. “It wasn’t a response to a specific issue with radiation dose that we needed to solve—or a mandate we needed to meet.”

Emerging Transaction Drivers and Their Impacts on Imaging-center Value

VMG

In “Discovering Emerging Value and Transaction Drivers in Imaging,” presented on September 9 in Boston, Massachusetts, at the 2013 RBMA Fall Educational Conference, three panelists from different corners of the imaging industry discussed the topic of emerging value and transaction drivers in the field. Elliott Jeter, CFA/ABV, is a partner with VMG Health; Arun Jethani is CEO of Medical Imaging Specialists; and Richard Townley is president and CEO of AGI Healthcare. The intersection of the panelists’ three perspectives reveals recent market changes affecting imaging-center transactions in 2013 and beyond.

Practice–Health-system Alignment in Developing the Outpatient Imaging Network

Optimal

When Saint Thomas Health (Nashville, Tennessee), a member of Ascension Health, decided to collaborate with locally headquartered practice Optimal Radiology Partners (ORP) on an outpatient joint venture, its primary motivation was providing more convenient service to patients and physicians, and, therefore, growing market share, according to Tom Blankenship, chief development officer for the partnership. “We also did our ambulatory surgical centers through joint ventures with physician partners,” he notes. “If you can find a partner who’s better at something than you’ve been able to be, that makes more sense than competing with it.”

Better Together

I’ve written often, in the past, about the characteristics of maturing markets—to illustrate the macroeconomic inevitability of the changes we are seeing in imaging. One of those characteristics is consolidation: As organizations that once found success as small and scrappy market players enter an era of needing to do more with less, they join with other, similarly positioned organizations, gaining economies of scale, as well as other advantages.

Optimal Radiology Names New CEO

The national radiology practice Optimal Radiology has brought industry veteran Joseph “Joe” McDonough, formerly of Soteria Imaging Services, on board as the firm’s new chief executive officer

Ultrasonography Criteria Change Aims to Reduce Nonviable Pregnancy Misdiagnosis

More conservative diagnostic thresholds, published Oct. 10 in the New England Journal of Medicine (NEJM), will help reduce the risk that a possibly normal first trimester pregnancy is misdiagnosed as nonviable, say experts from radiology, obstetrics-gynecology and emergency medicine