As part of our Healthcare M&A and strategic consulting services, we offer the following overview of the Diagnostic Imaging market as a context to understand mergers and acquisitions in the sector.
- Growth in Diagnostic Imaging Procedures Slowing Down. Recent data shows that the number of physician visits by patients 65 or older resulting in an imaging exam is consistently trending downward, from 12.8%in 2003 to 10.6% in 2011. Similarly, Medicare spending per enrollee for imaging has declined from $418 in 2006 to $390 in 2011.Maturation of technological advances, over-saturation of imaging centers, radiation awareness, new guidelines from the American College of Radiology reducing duplicative studies and new healthcare reimbursement policies have all led to the slowdown.