The purpose of this session will focus on some of the major factors driving consolidation in medicine and radiology. It will highlight the range of practice models, and mergers and alliances that radiology practices might pursue. The benefits and issues related to 'growing larger' and strategies to protect one's practice and improve patient care will be discussed. Some key factors include hospital administrators and referring physicians that are demanding longer hours of onsite coverage, greater availability of radiologists, and more subspecialty expertise. Newer payment models will require greater geographic access and the need to develop standardization and metrics are critical to the radiology practice. Entrepreneurial radiology companies are becoming more aggressive in their competitive initiatives. In responding to these pressures, radiology groups will need change the status quo and work to develop innovative strategies, including a variety of affiliations such as mergers and alliances. Developed in conjunction with the Radiology Leadership Institute
Discuss the spectrum of affiliations that radiologists might consider to protect and grow their practices.
Describe the forces driving change in the medical landscape as well as the benefits and pitfalls of various radiology aggregations.
Recognize the various strategies available to enable a group to provide the needed services and geographic reach required to survive and thrive in the new healthcare dynamic.