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.

healthcare money economics dollar stethoscope acquire merger

Steward paid $719M dividend to private equity owner prior to bankruptcy

The 2016 payout totaled $770 million, with $71 million going to executives at Steward Health Care. That year, the hospital chain reported a net loss of $300 million. 

cross market hospital mergers

Abiomed, Biosense Webster, Cerenovus now all known as Johnson & Johnson MedTech

These companies were already part of the Johnson & Johnson family, but they had still retained their previous brand names. Now, each one is officially going by Johnson & Johnson MedTech. 

Healthcare systems set up at the ACC.24 career fair in hopes of filling open positions, including a large and growing number of general cardiologist positions. Photo by Dave Fornell #ACC24 #ACC2024

Healthcare job growth slowing, down nearly 50% on the year

There were 31,000 new healthcare jobs added in August, a downward trend from the 60,000 average over the last 12 months.

Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.

Walgreens settles opioid case with Baltimore; three lawsuits still pending

Baltimore sued eight companies that it claimed profited off the city’s opioid epidemic. To date, the government has received $402.5 million in settlements. 

Thumbnail

Cardiologist sentenced to prison for child pornography charges

The 55-year-old was found guilty of the same crime in 2016, but only received probation. This time, he is headed to prison and was forced to surrender his medical license.

Generative AI LLM SLM

AI technical trends to watch for (and not just in healthcare)

Many gen AI end users are finding that large language models (LLMs) defy easy infrastructure setup and affordable management costs. One budding option may be to go with small language models (SMLs) instead. 

Thumbnail

Yale settles lawsuit over nurse replacing fentanyl with saline

A group of 95 women sued the university’s fertility clinic for failing to secure controlled substances, resulting in them having to endure egg extractions without pain relief. 

Biden administration aims to improve prior authorizations for mental health services

Announced Monday, modifications to the Mental Health Parity and Addiction Equity Act would close loopholes that limit patient access to mental health and addiction treatments.

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.