In keeping with family tradition, my niece has entered the radiology business. She is getting ready for her first RSNA meeting, and one day she asked me, “As a potential customer, what would you want to see or hear at our booth this year?” Her question, simple as it seemed, was hard to answer.
The Deficit Reduction Act has undercut reimbursements for outpatient centers, ripening the market for consolidation -- and RadNet has been harvesting. The company last week acquired Liberty Pacific MRI of Encino for $2.8 million, the fourth California imaging center RadNet has bought in little more than a month.
The worst effects from the Deficit Reduction Act may be over, according to GE Chairman and CEO Jeffrey R. Immelt. But Pierre-Jean Sivignon, chief financial officer of Koninklijke Philips Electronics, has some reservations.
Strategic moves and executive spin shaped the week.Features: RadNet’s purchase of Liberty Pacific MRI clears the way for strategic and tactical operations-DI SCAN describes how. GE’s Immelt and Philips’ Sivignon spin DRA and logistical problems. Sivignon dodges questions about new products. Siemens launches industry’s lowest priced MRI. The prize behind door number 1.5T (Where’s Monty Hall when you need him?).
Siemens unveils submillion dollar 1.5TPositron readies cardiac PET cameraVarian upgrades brachytherapyNasdaq plans to drop brachytherapy firm
A new multicenter study from Italy shows virtual colonoscopy is comparable to gold standard optical colonoscopy for detecting suspicious lesions in patients at higher than normal risk for colorectal cancer.
Hidden NSF cases appearDel Medical sales boom in 4QWeb tool calculates hand-carried ROIFDA clears low-dose x-rayACRIN Trial looks at cervical cancer UltraRAD recruits new exec
Rule changes slated for adoption by Medicare could be a factor when choosing the type of CT scanner to buy. The changes are part of an effort to diagnose patients earlier.
CT vendors came off the best sales year in their history in 2006, generating $1.75 billion in U.S. sales from new equipment. But they have little to be happy about now.
The imaging community dodged a bullet last week when legislators, heeding radiologists and vendors’ concerns, dropped provisions from a compromise bill to reauthorize the State Children’s Health Insurance Program (SCHIP). Had the provisions been enacted, imaging providers would have suffered even deeper reimbursement cuts than they are already enduring, with potential fallout for equipment vendors following close behind.
The American Society of Radiologic Technologists has changed the focus and name of its 2008 annual meeting.
Compared with optical colonoscopy, CT colonography achieves similar outcomes with a fraction of the number of polypectomies, according to a study of more than 6200 patients from the University of Wisconsin Medical School.
E-Z-EM revels in ACRIN resultsAquarius to strut at RSNA 2007Fonar revenues rise, losses fallMerge rallies usersVarian recruits Stanford oncologist
The topic of radiation dose reduction in CT scanning has produced an abundant literature. One practitioner alone, Dr. Manudeep K. Kalra, head of the Massachusetts General Hospital's CT dose protocol optimization program, has published about 50 papers on the topic.
The extra radiation inherent in new CT technologies has made more urgent the need for strategies to reduce exposure. Two recently published studies address the issue of dose reduction with the latest generation of 64-slice and dual-source scanners.
Medicare has very specific rules regarding how the supervision of diagnostic tests must be performed. To be eligible for payment, testing services in physician offices, independent diagnostic testing facilities, or provider-based entities must comply with the proper level of supervision. An overview of these rules includes the specifics for supervising and billing for services performed using physician extenders.
Small-field-of-view positron imaging, optimized for breast cancer detection, is jockeying for position among several adjuncts to x-ray mammography. A proponent of the technology, Dr. Kathy Schilling, believes it has an edge over MRI.
Questions remain from practitioners, payers, and administrators regarding the economic impact of coronary CT angiography on established diagnostic modalities and the effects on reimbursement within imaging. To address these concerns, we have developed the CCTA Data Registry, which now consists of more than 20,000 cases. Preliminary results indicate that coronary CTA is being utilized appropriately and affects savings for the healthcare system.
Breast ultrasound significantly increases detection of cancers in high-risk women but takes a big toll on the rate of benign biopsies, according to the initial results of a screening trial sponsored by the American College of Radiology Imaging Network and the Avon Foundation.
I read Greg Freiherr's column "Why the NEJM study on CAD is wrong" on your website. Please always keep in mind the following about computer-aided detection:
Efforts by researchers and radiation safety advocates in the U.S. and abroad have led to the development of several techniques and strategies to reduce radiation dose from CT scanning.
Tens of millions of people eligible for colon cancer screening every year shy away from stool tests and the invasive colonoscopy exam. They could soon have another viable option: CT colonography.
Opposition to the Deficit Reduction Act cap on imaging reimbursements has inspired a grassroots coalition to conduct a political campaign in New York State uniting radiologists and patients against the Medicare rate cuts and other federal initiatives against medical imaging.
If the Deficit Reduction Act of 2005 wasn’t enough of a blow to the imaging industry this year, just wait. Congress has a surprise awaiting us in 2008.
Executives from GE Healthcare, Siemens Medical Solutions, and other imaging equipment vendors visited the White House last week to meet with presidential advisors about the effect of declining Medicare payments on the medical imaging industry.
