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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Top-selling drugs keep rising in price

Brand-name drugs are likely to keep rising in price, even though the top-selling ones have been available for years and have already seen their costs skyrocket, according to a new study published in JAMA.

 

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AI-focused precision medicine company raises $200M

Tempus, a Chicago-based precision medicine company that uses machine learning, genomic sequencing and other AI innovations, has raised $200 million in a series F funding round, the company announced.

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CVS to defend $69B merger with Aetna in upcoming court proceeding

CVS Health is gearing up to defend its $69 billion takeover of the nation’s third-largest health insurer, Aetna, The Wall Street Journal reported.

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How board members should think about AI

With AI being a buzzword in healthcare, board members of organizations need to know how best to consider the technology.

Healthcare costs top financial concerns for Americans

The most important financial problem American families face is healthcare costs, according to a new Gallup poll.

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Burnout is now classified by the World Health Organization

WHO has added burnout to its international classification of diseases, giving it an ICD-11 code, the organization announced May 28. While WHO noted burnout is an occupational phenomenon and not a medical condition, it is notable that symptoms can affect health status.

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Mount Sinai creates chief data officer role

New York-based healthcare system Mount Sinai has created a new role of chief digital officer, which will be filed by Andrew Kasarskis, PhD, who will also hold the role of executive vice president.

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AI lights the way for nurses looking to provide ‘extraordinary’ care

An AI analysis of hospital patients’ satisfaction with the care they received from their nurses has shown two things. One, the technology can guide nurses as they strive to optimize the hospital experience for patients and their families. Two, nurses can help advance AI in healthcare.

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.