Management

This page includes content on healthcare management, including health system, hospital, department and clinic business management and administration. Areas of focus are on cardiology and radiology department business administration. Subcategories covered in this section include healthcare economics, reimbursement, leadership, mergers and acquisitions, policy and regulations, practice management, quality, staffing, and supply chain.

Stewardship Health sale to private equity finalized for $245M
The physician group, once part of Steward Health Care, has been rebranded as Revere Medical.
Baxter producing IV solutions ahead of schedule at Asheville-area site
The company said its largest production line at its North Carolina plant is operational, accounting for 25% of total output. The site was damaged by flood waters from Hurricane Helene.
Hackers were inside an Iowa hospital’s network for two weeks
St. Anthony Regional Hospital confirmed patient data was taken by cybercriminals, but the August incident is still being investigated.
Bill introduced in Congress would raise physician reimbursement by 1.9%
The Medicare Patient Access and Practice Stabilization Act aims to change the annual Centers for Medicare and Medicaid Services physician fee schedule, which cut reimbursement by 2.8% for 2025.
Good AI governance can spell the difference between smashing success and mere learning experience
Discussions of AI governance may cause many an eye to glass over, but the discipline is as crucial to the ascent of AI in healthcare as big training datasets drawn from diverse patient populations.

IPC Healthcare’s EBITDA decreases in 3rd quarter

IPC Healthcare’s revenue for the third quarter of 2015 increased 8.9 percent to $184.8 million, although its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) decreased 20.6 percent to $14.3 million compared with the same period last year.

November 2, 2015

MedAssets to be Acquired by Pamplona Capital Management for $2.7 Billion

MedAssets, Inc. (NASDAQ:MDAS) and Pamplona Capital Management today announced that they have entered into a definitive agreement whereby Pamplona will acquire MedAssets for $31.35 per share in cash.

November 2, 2015

CMS reports smooth ICD-10 transition to date

The transition to ICD-10 is going well, according to the first numbers released by the Centers for Medicare & Medicaid Services. 

October 29, 2015

EHR data fuels QI for neurology conditions

Rather than wait for EHR vendors to incorporate quality measures into their software, researchers from Evanston, Illinois-based NorthShore University HealthSystem created a quality improvement and practice-based initiative in neurology using their EHR. 

October 28, 2015

Revenue, operating income increase for athenahealth in 3rd quarter

For the third quarter of fiscal 2015, athenahealth’s revenue increased 24 percent to $236.1 million compared with the same quarter in 2014, while its non-GAAP adjusted operating income increased from $18.5 million to $25.4 million during the same time period.

October 26, 2015

Survey shows information governance showing signs of maturity

Information governance is progressing, according to the results of the AHIMA-Cohasset Associates second survey on IG in Healthcare.  

October 23, 2015

Senators introduce bipartisan bills to expedite FDA approval for medical devices

Republican senator Cory Gardner (Colorado) and Democrat senator Joe Donnelly (Indiana) introduced two bills on Oct. 21 to accelerate the FDA approval process for medical devices.

October 22, 2015

SmartShopper program offers incentives to choose less expensive care

Through the Vitals SmartShopper program, employees receive cash incentives for choosing less expensive options for imaging, blood work and other areas in healthcare, the Associated Press reports. Vitals, a healthcare data firm, offers the SmartShopper program to employers and insurers in New Hampshire, Massachusetts, Connecticut, Indiana and Kentucky.

October 22, 2015

Around the web

Cardiovascular Business

Q&A: Why are cardiovascular devices involved in so many recalls? FDA policies may be to blame

Cardiovascular devices are more likely to be in a Class I recall than any other device type. The FDA's approval process appears to be at least partially responsible, though the agency is working to make some serious changes. We spoke to a researcher who has been tracking these data for years to learn more.

Cardiovascular Business

Cardiologist compensation still rising, especially in invasive and interventional cardiology

Updated compensation data includes good news for multiple subspecialties. The new report also examines private equity's impact on employment models and how much male cardiologists earn compared to females.

Cardiovascular Business

FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

When drugs are on the FDA’s shortage list, outsourcing facilities can produce their own compounded versions. When the FDA removed tirzepatide from that list with no warning, it created a considerable amount of chaos both behind the scenes and in pharmacies all over the country.

Management

Stewardship Health sale to private equity finalized for $245M

Baxter producing IV solutions ahead of schedule at Asheville-area site

Hackers were inside an Iowa hospital’s network for two weeks

Bill introduced in Congress would raise physician reimbursement by 1.9%

Good AI governance can spell the difference between smashing success and mere learning experience

Around the web