DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
SEARCH
Current Location:
>
> This Story


Log in or Register to rate this News Story
Forward Printable StoryPrint Comment

 

 

More Industry Headlines

SNMMI Exhibitor's Guide A few of the companies you'll want to visit with on the show floor

Photoacoustic CT tech developed for early stage breast cancer detection Safer, more efficient and more affordable than mammography, MR and ultrasound: developer

What health IT’s past teaches us about value-based care’s future Key lessons on how to successfully scale valube-based reimbursment

MIT researchers develop AI tool for registering medical images in minutes Acquires information on alignment and parameter estimating while registering scans

Bruker unveils ParaVision 360 and AVANCE NEO solutions at ISMRM ParaVision 360 now provides preclinical imaging for MR and PET/MR

Artificial intelligence’s role in incubating new healthcare solutions Although still in its infancy, momentum is building

Amazon, Berkshire, JPMorgan Chase tap Gawande as CEO A well known and respected doctor with little experience leading a huge company

Turkey to welcome bids on multimillion-dollar medical equipment supply contract Thousands of X-ray and ultrasound units, hundreds of MR and CT

GE to be removed from Dow Jones Industrial Average After 110 years, an original member leaves the blue-chip index

MD Anderson to pay $4.3 million for HIPAA violations Fourth largest penalty ever awarded by an admin law judge to OCR for such a violation

2017: the year of ultrasound-guided minimally invasive procedures

By Jill Rathbun
From the January 2017 issue of DOTmed HealthCare Business News magazine

Uncertainty in any major element of the U.S. economy is never good and usually creates an environment that is risk averse. This then leads to a time of contraction, or at least a static state, for that sector. With the future of the Affordable Care Act (ACA) in flux regarding how and when Congress will act to replace what it repeals, this is a very uncertain time for health care providers.

Some may even say it is time to put the nest egg in the freezer and just sit on that cold, hard cash. Yet, it could be argued that this is really a time for health care providers to expand their service offerings. In doing so, they will attract more patients and elevate their level of satisfaction. This might not be as exciting as a merger, acquisition and consolidation. But bricks and mortar that a hospital outpatient center, clinic or physician practice office already has should be used to their full capabilities and potential, making those fixed costs work for you.

Story Continues Below Advertisement

THE (LEADER) IN MEDICAL IMAGING TECHNOLOGY SINCE 1982. SALES-SERVICE-REPAIR

Special-Pricing Available on Medical Displays, Patient Monitors, Recorders, Printers, Media, Ultrasound Machines, and Cameras.This includes Top Brands such as SONY, BARCO, NDS, NEC, LG, EDAN, EIZO, ELO, FSN, PANASONIC, MITSUBISHI, OLYMPUS, & WIDE.



Expansion into ultrasound guided breast biopsies
A case in point is the expansion of services into ultrasound-guided breast biopsies. There is nothing more frightening for women than to hear that they may have a suspicious lump or lesion and need a biopsy. There is a real need to get the patient seen for that biopsy in a relatively quick manner. A rapid diagnosis is imperative to address the patient’s anxiety and increases satisfaction with the health care system.

One advantage of ultrasound-guided breast biopsies is that they usually decrease the time it takes to get a diagnosis. What took eight to 10 days with an open biopsy sample now takes approximately 48 hours with a minimally invasive breast biopsy sample. It is also easier to biopsy multiple lesions in one session because the clinicians gather tissue via a needle device versus an open incision. This is all for the good of the patient. So, why not expand to ensure that these biopsies can take place with little or no wait time for an appointment?

The following are considerations to start an assessment:

• How is space being used? Is there an exam or small procedure room that can be repurposed or dedicated to ultrasound-guided minimally invasive surgical procedures?
• If space is available, is it being used to its fullest potential?

Conduct a simple, initial analysis regarding the revenue that the space is currently producing. How? By taking the procedures and the office visits that are taking place in that room and adding up the revenue. Then take a rough estimate of the costs — nurse time, supplies and equipment — and subtract them from the revenue. Next, look at how many minutes a provider was in that room to produce that revenue. This provides a simple, yet insightful, look at the per minute profitability of that space. With hospital-employed physicians, be sure to include the payments to the hospital and the professional or non-facility payment to the physician.
  Pages: 1 - 2 >>

Related:


You Must Be Logged In To Post A Comment

Advertise
Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Directory
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Requests
Gold Service Dealer Program
Receive RFP/PS
Requests
Healthcare Providers
See all
HCP Tools
Jobs/Training
Find/Fill
A Job
Parts Hunter +EasyPay
Get Parts
Quotes
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Quotes
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to DOTmed.com, Inc. Copyright ©2001-2018 DOTmed.com, Inc.
ALL RIGHTS RESERVED