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Radiology Managers Need More Capital, Still

Article

Radiology managers reveal their sentiments about their operations in the latest Medical Imaging Confidence Index.

Radiology managers feel neither good nor bad about their department’s future, according to the latest Medical Imaging Confidence Index (MICI). But they still need more capital for equipment and IT.

The quarterly MICI report surveys imaging directors/managers on their confidence levels regarding growth, reimbursement, internal operating costs, access to capital, and growth as a profit center. In the fourth quarter of 2015, 148 imaging directors/managers responded to the survey and scored their overall outlook as “neutral,” a notion that has repeated throughout 2015.

The fourth quarter survey mirrors sentiments from the third quarter: very high confidence that internal operating and staff costs will remain constant; high confidence that imaging departments will grow monthly in diagnostic and interventional radiology and will maintain or grow as a profit center; neutral confidence that they will have access to capital for imaging equipment and IT needs; and low confidence that they will receive adequate reimbursement from Medicare for diagnostic and interventional imaging.

The overall score, 110, from the fourth quarter, does show an increasing trend. The overall score in the third quarter was 109; second quarter was 107; and the first quarter was 106.

Here are the full results for the fourth quarter of 2015.

Topic
Score Mean
Interpretation
Will grow monthly in diagnostic and interventional radiology
118
High confidence
Receive adequate reimbursement from Medicare for diagnostic and interventional imaging
77
Low confidence
Internal operating and staff costs will remain constant
133
Very high confidence
Will have access to capital for imaging equipment and IT needs
101
Neutral
Will maintain/grow as a profit center
125
High confidence
Composite score across all areas
110
Neutral

What do you think?

Medical Imaging Confidence Index (MICI) was co-developed by AHRA: The Association for Medical Imaging Management and The MarkeTech Group, owner of the imagePRO panel, launched in 2008. MICI data rely on the feedback of a statistical cohort of respondents from the imagePRO panel that accurately represent the US market hospital market by bedsize and geographic areas.

For more on the MICI, check out the FAQ here.

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