Skip to content
 

How To Get The Most From Your Radiology Dollar

The decisions are getting harder when we try to determine what our facility should invest in to provide the best patient care. 256 slice CTs, 3.0T MRIs, Digital Mammography, PACS upgrade, EHR and so on….? We first try and determine our available budget or we are asked to submit a request for funds based upon current and future requirements, local competition and/or physician requirements. It is now necessary to take a long hard look at what is currently being utilized and determine how best to enhance capabilities. You probably begin to bring in vendors to discuss the capabilities of their new systems, as well as potential costs. If you are like many administrators, you immediately get a large blast of reality $$$$$$$. You instantly know that you will be limited to one purchase or less and it’s possible funding won’t be available for several years. If you are experiencing growth, patient count is increasing, test procedures are on the increase, and available system time is becoming harder and harder to come by, then you know you will need to upgrade Radiology capacity.

You now are probably asking yourself why you are faced with this growth. The first thing you may remember is that those people called baby boomers are becoming elderly and generally with age, comes increased health care. Secondly, the Deficit Reduction Act (DRA) reduced reimbursements to imaging centers, putting a number of facilities out of business and moving those patients to fewer remaining facilities. And, of course our Government is becoming close to adding more than 47 million uninsured Americans on to the rolls of public health insurance which is sure to increase radiology test requirements significantly everywhere in the country. Now that you are pretty much convinced you need to expand capability, usually with a limited budget, just what do you do?

You first may want to take a close look at what you are utilizing today and determine what is adequate and what needs to be replaced. If you are using a 4-slice CT or less, if your MRI is 1.0T or less, if x-ray, R/F and mammography systems are analog output (film) instead of digital, then you have important issues to resolve. Now, if you have an available budget of around 3 Million dollars you should be able to purchase new replacement systems that will work very well — a 32 slice CT, a 1.5T short bore MRI, x-ray and R/F systems with DR and a digital mammography system.

Let’s assume for a moment that you don’t have a budget of 3 million dollars but you do require upgrades. Here’s what you might consider: Upgrade the CT with a late model 16 slice CT, refurbished, installed and warranted for about $200,000. Also, bring in a late model 1.5T short bore MRI system for about $400,000. Purchase one new high volume CR system to convert x-rays for about $70,000. Add a refurbished fluoro DR system to the R/F room for about $45,000 ( or a new one for $65,000). And finally, purchase a Mammo CR system for about $90,000. Now for just over $800,000 you have nearly the same results as if you had replaced and purchased new except you will saved nearly 2.2 million dollars.

How do I know this? We do this every day. We enable healthcare facilities to upgrade with high quality, high performance late model systems for a fraction of the cost of new. This business of diagnostic imaging is all about taking pictures, and as long as the pictures are high quality, very little emphasis should be focused on whether or not the system that took the pictures are new. Remember, once that new system has been operated once, it becomes a used piece of equipment!

115 Comments

  1. Bookmarking now thanks, are you on twitter?

  2. I was very pleased to find this site.I wanted to thank you for this great read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post.

  3. Great read. I observed your website from a google search, and was glad i did. The data has helped me immensely.

  4. Informative post, this is. It is always nice to come across a post that is useful.

  5. Dear Admin, thanks for your info sharing!

  6. Thanks for this brilliant article. I am delighted after reading this. Thank you!

  7. flat fee mls says:

    This is by far the best looking site I’ve seen. It was completely easy to navigate and it was easy to look for the information I needed. Fantastic layout and great content!

  8. I recently came across your web site and have been reading along. I thought I would leave my very first comment. Nice blog. I will keep visiting this website very frequently.

  9. mark says:

    How do you think this will continue or be affected in the next 5 years?

  10. I really like your style of writing. Will you consider writing for my blog as a guest writer?

  11. MP3Panda says:

    This is my first time I have visited here. I found a lot of interesting stuff in your blog. From the tons of comments on your articles, I guess I am not the only one! keep up the great work.

  12. Hi. I wanted to thank you for the wonderful facts you have posted on your web page. I will definitelycome back to check it out once more and have subscribedto your RSS feed. Have an excellent day.

  13. An intriguing concept this. I am a single of those persons whom tend to wait for things to mature before taking action but in this case I am mindful that inaction leads to only failures so I will heed your comments and start to do some thing about it.

  14. Hi. I wanted to thank you for the excellent facts you have posted on your web page. I will definitelycome back to check it out again and have subscribedto your RSS feed. Have a fantastic day.

  15. I really guessed i’d distribute and let you know your information sites is helpful for pointed out the valuable technique.I honestly appreciate your blog

Leave a Reply