Program - SIR Business Institute

SIR Business Institute

Saturday, March 29, 8:30 a.m. - 6 p.m.
Omni Nashville Hotel

SIR Business Institute Insights

The SIR Business Institute offers a masterclass for Interventional Radiologists and practice administrators, focusing on improving business strategies in their field. The U.S. office-based labs and IR private practice market show significant growth potential, attributed to the increasing number of surgical procedures conducted in outpatient settings and the rising prevalence of vascular diseases. The U.S. office-based labs market was valued at USD 9.6 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 7.46% from 2022 to 2030.

Practice Gap

Lack of comfort with financial issues, including banking and access to capital.
Importance of non-clinical skills to assure success, especially in the outpatient setting.
Contracts and other important legal issues.

Broader program learning objectives and outcomes

Develop an entrepreneurial approach to a current business model.
Participate in a “masterclass” in various business-related fields.
Learn about how to shift thinking to a successful growth-related approach to business.

A high level of patient satisfaction within OBL settings is expected to contribute to market growth, with dedicated and focused teams of healthcare providers enhancing patient experiences. This satisfaction is partly due to the shift towards minimally invasive procedures, which are preferred by patients and facilitate quicker recovery times. This ultimately leads to a sense of fulfillment and satisfaction in providing quality patient care.

The SIR Business Institute serves as a valuable resource for Interventional Radiologists (IR), empowering them with essential business strategies to enhance their practices. Feedback from attendees indicates a high level of educational satisfaction and a strong intention to implement. The 2024 attendee survey showed the following results:

100% of attendees found the SIR Business Institute courses educational
89% of the attendees plan to change their professional practices based on the new strategies they acquired by participating in this course.
95% of attendees were either satisfied or very satisfied.

Program directors

Mary Costantino, MD, FSIR
Medical Director, Advanced Vascular Centers

Allan Hoffman, MD
President, Commonwealth Radiology Associates

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Schedule-at-a-glance

Time (all times local)	Session	Faculty
8:30 a.m.	Opening Remarks	Allan Hoffman, MD, FSIR Mary Costantino, MD, FSIR
8:40 - 9:30 a.m.	Insurance/payor contract negotiation	Laurie Bouzarelos, MHA
9:30 - 10:30 a.m.	Practice management: How to lead your team to run a successful practice	Teri Yates
10:30 - 11 a.m.	Corporate Symposium	Presented by Siemens Healthineers
11 - 11:10 a.m.	Break
11:10 a.m. - 12 p.m.	Digital Banking: Personal financial preparation for outpatient transition	Joshua Thompson, MBA, MHA
12 - 1 p.m.	Lunch
1 - 2 p.m.	Legal: Ways to mitigate the impacts of pseudo-exclusive contracts and non-compete agreements + Update on Legal and regulatory issues related to VC/PE	Jason Greis
2 - 3 p.m.	Finance session 2	Joshua Thompson, MBA, MHA
3 - 4 p.m.	Contracts- Exclusive IR Independent IR	JD Meler, MD
4 - 5 p.m.	Digital marketing and social media	Connor McPherson
5 - 6 p.m.	How to speak to the C-Suite	Michael Tarnoff, MD

Registration rates

	Early before Feb. 13	Advanced/Onsite Feb. 13 - onsite
SIR member	$175	$249
Nonmember	$315	$450
Corporate member	$200	$400

*For further questions, please contact Wafa Khan, MFA, MHA, manager of practice development and operations.

Learn more about SIR's IR Business Center.