This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

RadNet Joins GE Healthcare To Evaluate Breast Cancer Detection Processes

Stocks in this article: RDNT

  • Study to Evaluate Model for Improving the Efficiency of the Breast Cancer Detection Process in the Clinical Practice Setting
  • Relationship Embodies GE's Healthymagination Goal of Increasing Access to Better Healthcare at Lower Costs

LOS ANGELES, Sept. 18, 2012 (GLOBE NEWSWIRE) -- GE Healthcare (a business division of General Electric Company) today announced it is joining with RadNet (Nasdaq:RDNT), a network of outpatient diagnostic imaging centers, to pilot its Best Pathways initiative, a breast cancer detection optimization model. GE Healthcare and RadNet will evaluate the clinical breast cancer detection process to quantify inefficient diagnostic patterns and identify optimal paths to lower cost and improve patient outcomes. This program will focus on subpopulations of women in which guidelines are lacking and substantial variability is observed in clinical practice.

Best Pathways is designed to address a significant need for increased insight into the breast cancer detection process--from a patient's initial screening mammogram to final biopsy. Historically, diagnostic processes have been variable and inefficient, leading to frequent false-positive test results and costly follow-up imaging procedures. In 2009, the U.S. Preventative Services Task Force (USPSTF) tightened recommendations for breast cancer screenings across multiple patient populations, citing lack of evidence supporting benefits and high cost of the screenings as primary factors.

"This initiative will provide deeper understanding of care patterns and ways to optimize processes to ensure the best outcomes for patients and operational efficiency for providers," said Dr. Howard Berger, president and chief executive officer (CEO), RadNet. "With the technological and process expertise that GE Healthcare offers, as well as our shared passion for improving access to low-cost healthcare solutions, we look forward to improving care protocols in the detection of breast cancer."

GE Healthcare and RadNet will identify and quantify diagnostic costs per cancer detected, the types of breast cancer detected and their stage distribution, the number of imaging tests and biopsies required to detect each cancer, and the incremental cost-effectiveness ratios for each diagnostic case. Diagnostic patterns will be identified based on patient population characteristics including age, risk of developing breast cancer and breast density. The program will also seek to define optimal diagnostic paths for patient care based on rigorous data and analysis.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,790.06 +11.91 0.07%
S&P 500 2,065.60 +4.37 0.21%
NASDAQ 4,755.7450 +7.3490 0.15%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs