Medical Imaging Specialists, Radiology Consultants, Services

SERVICES

RADIOLOGY SERVICES STRATEGIC PLANNING

MIS has extensive domain expertise in navigating through the challenges and issues specific to radiology in both the hospital and free standing environment. Specifically, MIS can assist with the development and implementation of system wide initiatives specifically related to hospital based service lines including revenue opportunities, managing costs, appropriating technology, and establishing service excellence. These initiatives can be clearly defined in a radiology services strategic plan. Key elements of the plan include:

Identification and assessment of hospital based service revenue opportunities

• Establishment of service level benchmarks and associated pay
for performance incentives

• Identification and assessment of medical staff requirements

• Identification and assessment of cost management programs involving radiology workflow, tracking and monitoring systems, inventory management, and cost accounting methodologies.

• Identification and assessment of a technology procurement plan

The figure below graphically depicts the strategic planning process.

The tactical questions and answers the must be addressed in the strategic planning process include:
INCREASE REVENUE	What specific initiatives could be implemented that would realistically result in increased revenue?	• Assessment of true outpatient imaging volume potential ° Current service area ° Prospective service area(s) ° Evaluation of outpatient imaging delivery model alternatives and their implications for the current situation • Licensure and reimbursement • Possible medical staff participation (Real Estate Syndication) • Economic impact • Valuation of existing businesses • Select hospital based specialty service lines

MANAGE COSTS	What specific initiatives could be implemented that would manage resource consumption in the inpatient and emergency room setting?	• Utilization management programs • Technology applications • Medical staff issues • Aligning employee incentives

APPROPRIATE TECHNOLOGY	What technology should be procured or maintained in each delivery setting?	• Economic considerations • Competitive issues • Effectiveness (cost and quality) • Medical staff requirements

ESTABLISH SERVICE EXCELLENCE	What specific initiatives could be implemented that would achieve service excellence?	• Dedicated outpatient imaging delivery system(s) • Pay for performance • Aligning employee incentives

EXPLORE PARTNERSHIP OPPORTUNITIES	What regulatory permissible models can be implemented to provide investment opportunities for members of the medical staff?	• Evaluation of alternative models • Economic impact