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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OIG audit reveals Medicare overpaid millions for prescription drugs in hospice care

Medicare Part D overpaid millions of dollars for prescription drugs that should have been covered by the Medicare Part A hospice benefit, according to a recent report from the Office of Inspector General (OIG), which conducted an audit from 2016 payments. In other words, CMS paid twice for the same drugs.

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CVS adds $2M to campaign to end youth vaping

CVS Health announced a $2 million contribution to an existing $50 million campaign to end e-cigarette use, known as vaping, among teenagers. The announcement comes at a time when hundreds of lung disease injuries linked to vaping have appeared in dozens of states.

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Purdue Pharma prepares for bankruptcy

Purdue Pharma, the maker of popular opioid OxyContin, is preparing to file for bankruptcy before the end of September if the company doesn’t reach a settlement over thousands of lawsuits against the company for its role in the opioid abuse epidemic, Reuters reported, citing people familiar with the matter.

 

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Humana joins Consumer Technology Association

Health insurance giant and care services provider Humana has joined the Consumer Technology Association, marking the first time a payer has joined the association.

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CVS aims to avoid hyperinflated drugs

More than 3,400 drugs saw price hikes in the first half of 2019, with the average increase being more than five times the rate of inflation, according to CVS Caremark.

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Hurricane Dorian prompts public health emergencies

HHS Secretary Alex Azar declared public health emergencies for Georgia and South Carolina on Sept. 2 in preparation for Hurricane Dorian.

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Wearables market to hit $54B in 2023

The wearable technology market reached $23 billion in 2018 and is projected to more than double to $54 billion by 2023, according to a new report from GlobalData.

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HHS speaks out on illnesses linked to e-cigarettes

HHS has jumped into the fray over the ongoing investigation into e-cigarettes amid more than 200 lung disease injuries associated with vaping. As of Aug. 27, 215 possible cases of pulmonary illnesses, including one death, have been reported across 25 states. 

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.