Is this another data base for criteria selection for imaging? Will this be the next data base frontier for MDs to check before sending a patient for imaging? Right now with medication formularies needing to be checked, this appears to be another source that may need to be referenced to create a referral for a procedure for least cost routing, or at least with Well Point patients. BD
Health insurer WellPoint Inc. said Monday it will pay $300 million to acquire American Imaging Management, a company that specializes in controlling medical imaging expenses.
Wellpoint said the purchase will help the company save money by reducing duplicative imaging procedures and cutting down on administrative expenses. The deal is expected to close in the third quarter of 2007.
Deerfield, Illinois-based American Imaging Management makes software to help physicians choose the most cost-effective site to perform imaging tests on patients. The company currently manages benefits for about 20 million patients.
WellPoint said it hopes to expand American Imaging's technology to help control costs in other areas, including prescription drugs and heart care.