As we approach the March 1 sequestration cut deadline, concern is escalating over how the imminent $85 billion in budget slashes will actually affect various federal agencies, including the Centers for Medicare and Medicaid Services (CMS).
Because Medicare spending constitutes a large proportion of the nation’s hefty bill, it is a major target for reform. The debt ceiling crisis and its associated focus on cost-reduction comes on the heels of the fiscal cliff deal, which included $800 million in cuts to physician office Medicare payments for advanced medical imaging.
These recent financial crises have reinforced what the medical community has known for some time: health care costs, especially costly imaging exams, will be subject to increased scrutiny. Many health care providers are entering accountable care organization (ACO) environments, and the importance of cost-cutting across the continuum of care is doubly important.
How will federal budget cuts impact your imaging investment strategy?
Now that we are nearly a month into 2013, it’s time to reset our horizon scanning efforts and prepare ourselves for the year ahead. Last year was exciting for the neurosciences community. Several artificial discs and stroke devices were approved by the FDA, the debate about the efficacy of spine surgery continued, and new criteria for comprehensive stroke center certification was released.
It’s easy to imagine that 2013 will come with a host of new technological and programmatic developments across the year. To help understand the evolving product pipeline in neurosciences and spine, I've outlined what we believe are the top six technological trends to watch for across 2013.
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What to watch for in neurosciences in 2013: New devices target specialized conditions
Christopher Pericak and Matthew Morrill
How can the imaging business do more with less? This question has become somewhat of a cliché over the past four years, but maintains its relevancy as providers prepare for payment reform. However large the hurdles might seem that hospitals and health systems face, RSNA's vendor floors are overflowing with options to maintain or improve quality at a lower cost here in Chicago.
RSNA 2012 day three: How can the imaging business do more with less?