Five Ways to Improve the Profitability of Your Radiology Operations
Managing radiology and imaging effectively is a complex process. However, based upon decades of experience with health systems, hospitals and imaging centers across the country, MedQuest has identified five of the most critical and impactful ways to optimize profitability. Adopting even one or two of these approaches should yield significant profitability improvement for your imaging operations.
At one time, a hospital’s radiology service line was a strong profit center. A decade later, after years of reimbursement cuts from the Centers for Medicare and Medicaid Services as well as private insurers, hospitals are looking at ways to strengthen radiology’s contributions to the bottom line.
In this white paper, MedQuest Radiology Management Services examines how hospitals can increase radiology revenue streams, maximize revenue capture and streamline operations.