Radiology Business January 3, 2025
Radiology Business Management Association President Pete Moffatt highlighted the critical challenges radiology practices face heading into 2025 in an interview with Radiology Business. Moffatt provided insight into persistent issues such as declining reimbursement rates, recruiting challenges and the role of artificial intelligence in transforming the industry.
Reimbursement cuts and their ripple effects
Medicare continued its trend of annual reductions in payments to radiologists with the 2025 physician fee schedule, which he said is practices’ biggest challenge.
“Cuts to reimbursement, unfortunately, continue to be something that has an obvious negative impact on the industry,” Moffatt said. “I just had an interesting discussion with a physician about two months ago where he told me he’s 59 years old, he’s working more...