Practice Management

Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.

M&A mergers and acquisitions business deal

Private equity firm to buy medical software company for $1.1B

Private equity investor Francisco Partners is purchasing AdvancedMD, a Utah-based EHR vendor that specializes in servicing small provider practices.

private equity corporatization business consolidation

Private equity owns 900 patient care centers in Philadelphia, report finds

Physical therapy practices in greater Philadelphia are of particular interest to private equity firms, with 271 locations owned by six companies. The report comes from the Private Equity Stakeholder Project (PESP). 

 

IV hospital room intravenous drip solution

ACR shares guidance for radiology providers facing IV supply shortages after hurricane

Baxter’s North Cove manufacturing site was significantly impacted by unprecedented rain and storm surge from Hurricane Helene hitting western North Carolina. 

Video interview with Elizabeth Ann Ignacio, MD, FSIR, FACR., chair of the Society of Interventional Radiology (SIR) Small and Rural Practices Committee and president of the Hawaii Medical Association, who explains the challenges facing rural healthcare providers and the key reasons for burnout.

Interventional radiologist burnout and retention in rural areas largely related to administrative burdens

"A significant part of burnout stems from the overwhelming administrative burden," explains Elizabeth Ann Ignacio, MD, FSIR, FACR, chair of the SIR Small and Rural Practices Committee.

Dana Smetherman, MD, explains the ACR take on the growing radiology staffing shortage.

Radiology workforce shortage a major concern for the American College of Radiology

Dana H. Smetherman, MD, MBA, CEO of the ACR, discusses the reasons behind the worsening shortage of radiologists, along with possible solutions. 

Dana H. Smetherman, MD, MPH, MBA, FACR, the new CEO of the American College of Radiology (ACR), explains with the ongoing 2024 election, it is very unlikely there will be any serious reform to the Medicare payment system this year. She said further Medicare cuts set for 2025 also further threaten patient access to care.

Meaningful Medicare reform unlikely in 2024

New American College of Radiology CEO Dana Smetherman, MD, discusses the impact of reimbursement cuts, issues with staffing costs and prior authorization. 

Anne Kroman, DO, MUSC, explains efforts to increasing female representation in electrophysiology. #GLOWE #HRS #HRS24 #WomeninEP

Efforts to get more women involved in electrophysiology and why it is important

Anne Kroman, DO, PhD, assistant professor at Medical University of South Carolina (MUSC), explains mentoring efforts for women in EP and why it is important for patients to see more female electrophysiologists to help overcome barriers.

AMA says physician burnout rate drops below 50% for first time since 2020

The latest data from the AMA shows physician burnout levels have fallen below 50% for the first time since 2020.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.