The Future is Here at the RBMA PaRADigm 2021
It is an honor for Collaborative Imaging (“CI”) to be a Gold Sponsor of the upcoming Radiology Business Management Association’s PaRADigm Conference in Las Vegas, where we will be formally introducing our full suite of solutions that seeks to revolutionize not only the radiology industry, but also the broader healthcare industry.
In a very short time since its inception, CI has showcased its expertise and has grown to represent over 1,000 physicians nationwide, and currently manages over $600M in annual revenue for our partner groups via our best-in-class revenue cycle management solutions. These solutions have allowed practices to realize significant improvements in their collection efforts regardless of which billing vendor they formerly used. While our typical revenue improvement is ~16%, many groups have seen gains of over 30% on the same book of business. We attribute our success to our proprietary solutions, deep understanding of the radiology workflow, and the use of artificial intelligence and business analytics. The results speak for themselves, with our partner groups being our single biggest source of referrals for the growth that we have realized over the past few years. Being radiologist-owned, and welcoming radiologists to invest in CI, we are focused on running a lean operation so that the radiologists realize the economics from any savings we drive for them via our revenue cycle operations. This yields a significant reduction in their billing costs as our operations are so much more efficient, which in turn reduces our operating costs.
Our decades of experience in the end-end radiology industry is our single biggest asset. Costs are continuously rising, recruitment is more challenging, and reimbursement continues to decline in the industry. Even though this trend is expected to continue into the future, CI is a firm believer in the independent practice of radiology, and as such, has developed an arsenal of tools to allow radiologists and outpatient centers to flourish despite these challenging times.
Our entire suite of products was designed in conjunction with radiologists, referring physicians, and patients to ensure their expectations and requirements are well-exceeded. Along with revenue cycle management, we’ve also developed full-scale technology solutions to arm our practices with cutting-edge solutions:
1- Highly customizable RIS allows for the scheduling of exams within seconds, while giving patients and referring physicians immediate access to results and DICOM studies, all while maximizing collections.
2- AI-powered universal worklist delivers studies to the appropriate radiologist, while conforming to the radiologist’s and practice’s preferences in every way.
3- End-end deep-learning speech recognition solution incorporates radiologist dictation styles, while maintaining referring physician expectations in accordance with billing and compliance requirements.
4- Flexible, performance-oriented Data Warehouse allows for unlimited real-time reporting of all activities throughout the platform
Visit us at booth 400 at PaRADigm so you can see first-hand why so many clients have turned to us recently. We look forward to seeing you there!