Radiology Still a Profit Center

July 20, 2015

Radiology managers don't expect their imaging departments to be less profitable, according to the MICI survey.

Radiology managers don’t expect to lose profit from diagnostic imaging or interventional radiology, according to the latest Medical Imaging Confidence Index (MICI).

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 third quarter of 2015, 159 imaging directors/managers responded to the survey and scored their overall outlook as “neutral.”

Attitudes are reflective of the second quarter survey, mainly high confidence that imaging departments will grow monthly in diagnostic and interventional radiology; low confidence that they will receive adequate reimbursement from Medicare for diagnostic and interventional imaging; very high confidence that internal operating and staff costs will remain constant; neutral confidence that they will have access to capital for imaging equipment and IT needs; and high confidence that they will maintain/grow as a profit center.

The overall score for the third quarter, 109, did beat the second quarter's overall score of 107.

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

TopicScore MeanInterpretation
Will grow monthly in diagnostic and interventional radiology116High confidence
Receive adequate reimbursement from Medicare for diagnostic and interventional imaging75Low confidence
Internal operating and staff costs will remain constant135Very high confidence
Will have access to capital for imaging equipment and IT needs98Neutral
Will maintain/grow as a profit center125High confidence
Composite score across all areas109Neutral

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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