Journal of the American College of Radiology
Volume 6, Issue 10 , Pages 681-693, October 2009

ACR White Paper: Task Force to Evaluate the Value Add Impact on Business Models

  • Frank Lexa, MD, MBA

      Affiliations

    • Wharton School, University of Pennsylvania, Wynnewood, Pennsylvania
    • Corresponding Author InformationCorresponding author and reprints: Frank Lexa, MD, MBA, 306 Gypsy Lane, Wynnewood, PA 19096-1103
  • ,
  • Jonathan William Berlin, MD, MBA

      Affiliations

    • Department of Radiology, Evanston Hospital, Evanston, Illinois
  • ,
  • Giles W.L. Boland, MD

      Affiliations

    • Department of Radiology, Massachusetts General Hospital, Boston, Massachusetts
  • ,
  • Geoffrey Giles Smith, MD

      Affiliations

    • Casper Medical Imaging, Casper, Wyoming
  • ,
  • Mark D. Jensen

      Affiliations

    • Charlotte Radiology, Charlotte, North Carolina
  • ,
  • David J. Seidenwurm, MD

      Affiliations

    • Radiological Associates of Sacramento, Sacramento, California
  • ,
  • Richard Hoppe, MD

      Affiliations

    • Department of Radiation Oncology, Stanford University Medical Center, Stanford, California
  • ,
  • Robert Stroud Jr, MD

      Affiliations

    • Advanced Imaging, Baltimore, Maryland

Radiology practices are seeing both evolutionary and revolutionary changes in their business models. The Task Force to Evaluate the Value Add Impact on Business Models was charged with considering how radiologists and their practices add value in these novel settings. Both traditional and novel forms of added value were considered. Types of new business models that were evaluated included hybrid groups of radiologists and other practitioners, regional or national megagroups, and novel services both within and beyond the traditional purview of radiology practice. Recommendations for both how to measure and how to capture this value were considered at both the practice and national levels.

Key Words: Value added, new business models, practice changes, practice growth, extension of imaging service value

 

PII: S1546-1440(09)00282-8

doi:10.1016/j.jacr.2009.06.008

Journal of the American College of Radiology
Volume 6, Issue 10 , Pages 681-693, October 2009