The Medical Imaging Confidence Index (MICI) remains stable in Q4 2017 in spite of respondents’ stated fears about reimbursement.
MICI dipped in Q4 2016 corresponding with the US election and Q1 2017 saw a modest rebound tempered by radiology administrators’ stated concerns about the potential replacement of the Affordable Care Act (ACA). Despite these initial concerns, the Q4 2017 results show that the composite industry confidence has been relatively strong and remarkably stable throughout 2017. The only notable departure from the Q3 MICI is a slight drop in administrators’ confidence that their department will maintain or grow as a profit center.
“It is my expectation that insurance providers are actively trying to shift high cost procedures such as MRI and CT away from the hospitals and to free-standing clinics. This will impact our volumes but also take away the better paying patients as opposed to Medicare.” – Imaging Director, USA
Comments from the Q4 survey reveal that some Radiology Administrators anticipate that their volume of high reimbursement studies (MR and CT) might decline due to a shift towards outpatient imaging centers or increasing use of clinical decision support solutions that favor low reimbursement modalities. In spite of these worries, the MICI composite score remains neutral but on the edge of the ‘high confidence’ range, at 110.
To see just how confident Hospital Imaging Directors really are, view the complete survey results here.
As a reminder, MICI was co-developped by The MarkeTech Group (TMTG) and the association for Medical Imaging Management (AHRA) using TMTG’s imagePRO™ panel of US medical imaging administrators. MICI enables you to benchmark the business climate in imaging with quarterly findings about current and future trends for medical imaging reimbursement, revenue, cost, purchasing, and growth. If you’re ready to use detailed MICI report findings to improve your imaging forecasting process, please contact us to learn more.