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.

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Academics who created heart failure drug criticize Pfizer over high price

A new drug with the potential to help heart-failure patients comes with a staggering cost––$651 a day, or $225,000 a year. The sky-high price tag has caused some researchers associated with developing the drug to speak out, Bloomberg reported.

 

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Kaiser Permanente to name new medical after late CEO

Kaiser Permanente, the Oakland, Calif.-based non-profit health system, will name its new medical school after its late CEO and chairman Bernard Tyson, who died suddenly in November.

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AMA adopts new inclusive policies in policy meeting

The American Medical Association has adopted a handful of new policies to guide its future policy work during its interim meeting, including supporting bans on conversion therapy, inclusive electronic health records, racial pay equity in medicine and medical training related to sexual orientation and gender identity.

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Hospital groups to sue HHS to block price transparency rule

Hospital groups are not happy about a new HHS requirement that will force all hospitals to publicly post their prices for services online. A group of hospital associations plan to launch a lawsuit against the agency just days after it finalized the rule, which will take effect Jan. 1, 2021.

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Medicare FFS improper payment rate falls

The improper payment rate in Medicare fee-for-service (FFS) fell to its lowest rate since 2010, according to CMS. However, there were still an estimated $28.9 billion in improper payments made in 2019, down $7 billion from 2017.

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Officials launch investigation into Google, Ascension data project

HHS is looking into a secret project between Google and Ascension after news reports revealed Google was collecting personal health information, including names and birthdates, of millions of U.S. patients under the partnership.

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Providers spend $2.76B annually maintaining directories

Keeping up with accurate provider directories detailing in-network providers comes with a big annual price tag––nearly $3 billion, according to a new report from CAQH.

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Drugmakers could still profit with a $1T loss

Drugmakers are the most profitable industry in the world and would be able to remain profitable after experiencing a $1 trillion loss, according to a report from West Health Policy Center and Johns Hopkins Bloomberg School of Public Health.

Around the web

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. 

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.

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. 

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