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Factors Affecting MRI Scan Costs

One of the most revolutionary imaging technologies in the medical field is magnetic resonance imaging or MRI. This technology is completely safe and can provide high resolution images of the body part being scanned. Unlike X-rays and CT scanners, MRIs do not emit harmful radiation that can cause serious health problems. This means that they are great for medical imaging purposes. Unfortunately, MRIs are costly to purchase as they cost hundreds of thousands of dollars. They also require a special room or facility, so the installation cost can also be quite high. In addition to that, they require highly-specialized personnel to operate and maintain the equipment. These costs are usually transferred to patients who require MRI scanning services. This explains why MRI scan costs are usually incredibly high and at times beyond the reach of many patients. That said, it is important to note that scanning costs will differ from one facility to the next for a variety of reasons. Read on to learn more.

Factors Affecting MRI Scan Costs

  1. i) Medical Facility

As you may already know, there are many types of medical facilities in every city. There are public hospitals as well as private hospitals. There are also medical facilities being run by charitable organizations. The cost of MRI scanning at each of these facilities will differ greatly. Obviously, public hospitals normally charge low rates because they are not profit-oriented. Private medical facilities, on the other hand, normally charge the highest rates because they are profit-oriented. In-between the two are facilities run by non-profits. Their rates are usually competitive.

  1. ii) Mode of Payment

When seeking medical attention, there are usually three modes of payments. The first is cash payment. The second is payment with your insurance. The third option is meant for patients who have a regular income and can settle their bill in a couple of months with regular monthly installments. MRI scanning costs sometimes depend on the mode of payment you use. If you have cash, you will get the lowest quote. After all, everybody loves cash. If the bill will be covered by your insurer, the cost will be higher. If you need a payment plan, the cost will be highest.

iii) Type of Scan

The part of the body that needs to be scanned, and any chemicals that may be needed to provide high resolution images, will also affect the cost of MRI scanning. The type of patient, whether inpatient or outpatient will also affect the cost of scanning. Some facilities have a policy of charging inpatients lower rates than outpatients, so be sure to keep this in mind.

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