William Thorwarth Jr., MD, FACR, Chief Executive Officer of the American College of Radiology® (ACR®), contributed this piece.
I am pleased to present the ACR Annual Report, highlighting the tremendous 2022 accomplishments of your ACR Board of Chancellors, and more than 2,000 volunteers who engaged in the activities of committees, commissions and task forces.
The ACR remains at the forefront of radiology evolution, empowering and educating over 41,000 members who serve patients and society by delivering exceptional patient care. In fiscal year (FY) 2022, we continued to thrive and innovate despite the challenges posed by a rapidly evolving healthcare ecosystem and multiple COVID variants.
Join me in recognizing just a few of our FY2022 accomplishments:
- As a result of ACR led efforts, Medicare conversion factor rate for physicians increased by 3% for calendar year 2022 and the 4% statutory pay-as-you-go requirement Medicare reductions were averted until 2023.
- TMIST recruitment occurred at 123 sites in the United States, Canada, Argentina, Peru, Italy and South Korea, with new sites still joining with 20% of enrollees identifying as Black.
- The ACR Data Science Institute®, in coordination with the ACR Center for Research and Innovation, continued to work on a multimillion-dollar grant funded by the National Institute of Biomedical Imaging and Bioengineering to further research on COVID-19 and promote the development of artificial intelligence algorithms.
- 711 residents and fellows participated in 2021–2022 ACR Radiology Leadership Institute® resident leadership programing.
- Medical student membership increased by more than 35%.
- The Harvey L. Neiman Health Policy Institute® published 24 new studies and participated in 11 conference speaking engagements.
- The Board of Chancellors approved a revised ACR Strategic Plan, using broad member input, defining “Objectives” for the next three to five years.
From a financial standpoint, the ACR maintains its strong financial position, allowing for strategic and thoughtful decisions throughout the pandemic. As of June 30, 2022, our net assets totaled $180.3 million.
I want to thank everyone, from our Board leadership to our volunteers and talented staff, for their consistent efforts in providing value to members and the patients we serve. We have much to look forward to in 2023.Please share your thoughts in the comments section below, and join the discussion on Engage (login required).