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By: George Wiley

In the 1990s, it was easy to be a success. You had to work hard not to be a success. That’s not true any more,” according to Michael P. Recht, MD, Louis Marx professor of radiology at New York University School of Medicine and chair of the radiology department at NYU Langone Medical Center (New York, New York). Heightened competition, declining reimbursements, and pressure from payors to cut unnecessary imaging have forced the radiology department to watch every penny. Recht says, “We are looking at denials by site and by insurance company, asking whether there is something incorrect that we are doing. We can’t leave any money on the table.” To heighten its chances of financial success, NYU Langone Medical Center is doing what so many other radiology providers of size are doing:...

Features
By: Cheryl Proval
Every once in a while, a big idea floats, like a sweet vapor, across the popular consciousness, invading every corner of US life, from science to commerce to entertainment. Curr-ently, our society (...
Features
By: Cheryl Proval
Three factors distinguish big data from the analytics that many executive leaders are familiar with: volume, velocity, and variety. In a recent article that appeared in Harvard Business Review...
Features
By: Julie Ritzer Ross
The ACO, a relatively new concept that met with great skepticism when it appeared in the Patient Protection and Affordable Care Act, now ranks at the top of the conversation-starter list in the...
Features
By: Cheryl Proval
For at least a dozen years, radiology has played a cat-and-mouse game with the notion of assuming a more active role in determining which patients get imaging. Due to concerns about referring...
Features
By: Joseph Dobrian
Although radiology has employed clinical analytics for more than a decade, the field is in its infancy. Nonetheless, the possibilities are tantalizing—if technological, economic, political, and...
Features
By: Anil Narang, DO
With the rapid changes in health care, radiology (like other specialties) has had to adapt to survive. Smaller practices have been acquired or consolidated with larger practices. This allows greater...