Value of Office-Based Labs to an Interventional Radiology Practice

Abstract Purpose  Office-based laboratories (OBLs), or outpatient interventional suites, are rapidly gaining traction with both patients and interventionalists. Compared with hospitals, OBLs can provide greater convenience for patients, allow physicians greater autonomy, and potentially generate mor...

Full description

Saved in:
Bibliographic Details
Published in:Journal of clinical interventional radiology isvir 2023-04, Vol.7 (1), p.015-019
Main Authors: Lee, Shimwoo, Srinivasa, Ravi N., Patel, Prital, Genshaft, Scott, Enzmann, Dieter R.
Format: Article
Language:English
Subjects:
interventional
laboratory
office-based
Original Article
radiology
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Abstract Purpose  Office-based laboratories (OBLs), or outpatient interventional suites, are rapidly gaining traction with both patients and interventionalists. Compared with hospitals, OBLs can provide greater convenience for patients, allow physicians greater autonomy, and potentially generate more revenue under a lower cost structure. The aim of this article is to discuss logistics and finances of running an OBL using the authors' institution as a guide for interventional radiologists seeking to establish their own OBL. Materials and Methods  Interventional radiology (IR) procedures performed at an OBL from the authors' academic institution were reviewed from January 2017 to December 2020. Yearly revenues and expenses related to IR procedures were recorded. Results  The number and complexity of IR procedures performed in the OBL increased over time with nearly 10-fold growth of revenue from 2017 to 2020. Conclusion  Most IR procedures performed in the hospital are feasible in the OBL setting, and by increasing patient volume and variety over time, an individual OBL can develop into a robust patient care center capable of generating revenue.
ISSN:2456-4869
2456-4869
DOI:10.1055/s-0042-1742729