Volume-Based to Value-Based Reimbursement: The impact on hospitals and radiology
The purpose of this course is to demonstrate the trend for health care reimbursement shifting from a volume-based to a value-based model. With financial gains decreasingly tied to each exam, strategies for financial viability focus on curtailing costs. After gaining a general understanding of this concept, the conversation will shift to organizational and, more specifically, radiology department strategies to reduce costs while maintaining quality
Jordan Hermiller, MHA, RT(R)(QM), CPHQ, Senior Radiology Advisor, Select Medical, Radiology Manager, Select Specialty Hospital
Jordan Hermiller received his Bachelor of Science degree in radiological sciences and therapy from Ohio State University in 2010. He then worked for three years as an imaging technologist at a private, doctor-owned orthopedic center and a large, acute care hospital. From 2014-16, he attended a top-ten MHA program at Ohio State University. During this time, he was also hired as a full-time faculty member of OSU’s radiological sciences and therapy program where he was responsible for and taught a multitude of courses ranging from MRI physics and quality control to patient care and anatomy. Upon graduating, he accepted a job at Select Medical where he serves two roles. At his home location in Columbus, Ohio, he is responsible for operations and compliance of all imaging services and staff. He also serves as senior radiology advisor for all Select Medical radiology departments across the country. He is an active member of the Ohio Society for Radiologic Technologists, American Society for Radiologic Technologists, National Association for Healthcare Quality, and Lambda Nu – the national radiologic and imaging sciences honor society.