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           26 November, 2020


    
Category:  Press » Health & Fitness

 

Imaging Centers Adopting Picture Archiving and Communication Systems to Survive

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2007-08-08 15:38:35     
Millennium Research Group

Millennium Research Group (MRG) has conducted a detailed analysis of the picture archiving and communication systems (PACS) market in its US Markets for PACS 2007 report. The analysis reveals that the 2005 Deficit Reduction Act (DRA), which slashed reimbursement for US diagnostic imaging centers (DIC), is having a major impact on the PACS market.

The DRA came into effect January 1, 2007 and is driving many of these imaging centers to close or consolidate into groups because Medicare is capping reimbursements to eliminate the over utilization of outpatient imaging. The DICs that remain will need to increase examination volumes and streamline their operations to stay profitable. PACS improves operational efficiency, but it is a major investment, and PACS vendors are being challenged to offer systems that smaller facilities can afford.

"As vendors shift their focus from large facilities to smaller customers, they are developing PACS solutions with attractive pricing and service models, which will help drive adoption in imaging centers and smaller hospitals," says Chris Schutz, Senior Analyst at MRG. "With exam volumes and image sizes growing rapidly, PACS has become an essential tool for imaging facilities of all sizes and specialties."

The US Markets for PACS 2007 report includes coverage of industry competitors including Agfa Healthcare, AMICAS, Aspyra, Avreo, BRIT Systems, Carestream Health, DR Systems, Dynamic Imaging, Emageon, FUJIFILM Medical Systems, GE Healthcare, Infinitt, Intelerad, McKesson, Medstrat, Merge Healthcare, Misys Healthcare Systems, NovaRad, Philips Medical Systems, ProSolv, RamSoft, ScImage, Sectra, Siemens Medical Solutions, Stryker Imaging, and others.

About Millennium Research Group

Millennium Research Group (http://www.MRG.net), a Decision Resources, Inc. company (http://www.DecisionResources.com), is the global authority on medical technology market intelligence and a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.

For more information, contact:
Amy Krohn
Millennium Research Group
416-364-7776 x101

Specialized in: Millennium Research Group - Mrg - Market - E-procurement - Healthcare - Orthopedics - Spine - Biotechnology - Biomaterials - Wound Management - Arthroscopy - Endoscopy
URL: http://www.mrg.net
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