Technology | Radiology Business | May 23, 2016

Inpatient Cost Evaluation Tool (ICE-T) from Neiman Health Policy Institute addresses hot issue of medical payment reform for radiology practices and hospitals

Neiman Health Policy Institute, Inpatient Cost Evaluation Tool, radiology, bundled payment

May 23, 2016 — The new ICE-T (Inpatient Cost Evaluation Tool) enables radiology practices and hospitals to compare internal costs to national benchmarks to decide if bundled payment for specific services should be pursued. This free resource is available on the Harvey L. Neiman Health Policy Institute website.

A bundled payment is a single payment that covers services delivered by two or more health providers during a single episode of care over a specified time. This payment method is a major component of healthcare reform to prompt the delivery of improved patient outcomes at lower costs.

“There are many factors to consider when hospitals and radiology practices are looking at developing and participating in bundled payments. ICE-T eases that transition, focusing on value, variance and volume and providing national average benchmark price points,” said Danny R. Hughes, Ph.D., Neiman Institute senior director for health policy research and senior research fellow. “With ICE-T and the right data, radiologists can proactively succeed with bundled payment and deliver higher-value care to patients,” he added.

The Neiman Institute aggregated many years of national inpatient Medicare data by diagnostic radiology groups and presents it in an easy-to-use graphical interface. ICE-T contains data on total hospital reimbursement, total imaging reimbursements and the imaging share of reimbursements across inpatient diagnosis related groups for Medicare claims data. “The Neiman Health Policy Institute proactively developed this operational tool, in advance of other medical specialties, to help radiology providers make critical decisions by showing where effective costs — and risks — are,” he noted.

For more information: www.neimanhpi.org


Related Content

News | Digital Radiography (DR)

July 10, 2025 — Fujifilm Healthcare Americas Corp. has launched several advanced automated functions for its FDR ...

Time July 10, 2025
arrow
News | Computed Tomography (CT)

July 01, 2025 — NANO-X Imaging Ltd. recently announced a clinical and educational collaboration with Keiser University ...

Time July 03, 2025
arrow
News | Ultrasound Imaging

June 26, 2025 — FUJIFILM VisualSonics Inc., a provider of ultra-high frequency ultrasound and photoacoustic imaging ...

Time June 27, 2025
arrow
News | Imaging Software Development

June 12, 2025 — GE HealthCare has announced the combination of GE HealthCare’s proprietary features and algorithms with ...

Time June 12, 2025
arrow
News | Radiology Business

The issue of sustainability in healthcare has gained increasing focus over the past several years. During a 2022 plenary ...

Time May 06, 2025
arrow
News | Radiology Imaging

Nov. 13, 2024 — Agfa Radiology Solutions will feature live demonstrations of state-of-the-art digital X-ray rooms ...

Time November 14, 2024
arrow
News | Computed Tomography (CT)

SPONSORED CONTENT — Fujifilm’s latest CT technology brings exceptional image quality to a compact and user- and patient ...

Time August 06, 2024
arrow
News | Radiology Business

July 31, 2024 — The American Registry of Radiologic Technologists (ARRT) announced the three Registered Technologists (R ...

Time July 31, 2024
arrow
Feature | Computed Tomography (CT) | By Melinda Taschetta-Millane

In the ever-evolving landscape of medical imaging, computed tomography (CT) stands out as a cornerstone technology ...

Time July 30, 2024
arrow
Videos | Radiology Business

Find actionable insights to achieve sustainability and savings in radiology in this newest of ITN’s “One on One” video ...

Time July 30, 2024
arrow
Subscribe Now