White Paper Highlights How Radiology Groups and Hospitals Use Analytics Reports and Data-Driven Insight to Elevate Strategic Value
MINNEAPOLIS, MN (PRWEB) October 07, 2015 -- vRad (Virtual Radiologic), an affiliate of MEDNAX, Inc. (NYSE: MD) and the nation’s leading telemedicine company and radiology practice, announced a new complimentary white paper entitled “vRad Analytics Continuum Helps Clients See Inside Their Data” that demonstrates how radiology groups and health systems are using radiology data and analytics to positively impact clinical outcomes and operational decision making through fact-based reporting and insight. It is available for download here.
“Having specific practice data to review and gain insight is helpful in many ways,” said William S. Wilson, Practice Administrator of Bloomington Radiology in Illinois, who is quoted in the white paper. “It helps us with staffing and resource planning. It also helps us educate our facilities about issues that may arise in terms of utilization. Our hospital partners see us with this data and know that we are being proactive and strategic in our thinking and approach to problem-solving.”
This white paper provides case studies that illustrate how vRad clients were able to leverage a range of radiology reports, which allowed them to:
• identify an untapped opportunity to expand women’s imaging,
• leverage peer benchmarks to reduce imaging volume in the ED,
• support capital investment decisions,
• improve service line performance by identifying facility-level best practices, and
• increase productivity and patient satisfaction.
Healthcare costs are receiving increased scrutiny as the Affordable Care Act accelerates the move away from fee-for-service medicine and Medicare sets new goals for payments around the value of care. vRad Analytics continuum of reports can help hospitals, who must better manage costs and improve operating efficiencies, and radiology groups, who must demonstrate a new level of leadership and value in a challenging healthcare environment.
“Radiology must take a leadership role in building partnerships with hospital administrators and referring physicians,” said David Trachtenberg, Chief Solutions Officer of vRad. “With analytics, we have a unique opportunity to elevate our conversations using insights based on facts vs. opinions. We either embrace innovation and demonstrate how radiology can add strategic value, or we maintain the status quo and become another cost center to be managed. Through the reports in our analytics continuum, vRad is empowering clients to make better decisions for the health of patients and the practice of radiology.”
About vRad
vRad (Virtual Radiologic) is a leading outsourced radiology physician services and telemedicine company with over 350 U.S. board-certified and eligible physicians, 75% of whom are subspecialty trained. It is an affiliate of MEDNAX, Inc. (NYSE: MD), a national medical group specializing in neonatal, anesthesia, maternal-fetal, pediatric cardiology and other pediatric physicians services.
The company interprets nearly 6 million patient studies annually—and processes over 1.5 billion images on the world’s biggest and most advanced teleradiology PACS—for its 2,100+ client hospital, health system and radiology group facilities. A winner of Frost & Sullivan’s Visionary Innovation Award for Medical Imaging Analytics (North America) and a leader in imaging analytics, vRad provides access to the only radiology patient care benchmarking platform (vRad RPC Index) with 33.7 million+ normalized imaging studies. vRad’s clinical expertise and evidence-based insight help clients make better decisions for the health of their patients and their imaging services. For more information about the company, please visit http://www.vrad.com. Follow us on Twitter, Facebook and LinkedIn.
# # #
Robert Minicucci, RAM Health Communications, http://www.vrad.com, +1 (339) 206-1722, [email protected]
Share this article