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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Weekly Watchdog: Convictions in $20M healthcare fraud scheme

Catch up on all things fraud and ethics in the healthcare industry with HealthExec’s weekly watchdog report.

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Medicare for all introduced in Congress

As more of the Democratic party comes on board with the idea of Medicare for all, a new bill was introduced in the House this week to make universal healthcare a reality. Rep. Pramila Jayapal (D-Washington) introduced the bill on Feb. 27. The bill has more than 100 co-sponsors.

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Amazon appoints leader of new pharmacy business

Months after acquiring online pharmacy PillPack for approximately $1 billion, Amazon has appointed a 14-year veteran with the company to lead its new pharmacy business, CNBC reported. Nader Kabbani has been named vice president of consumables, special projects.

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Out-of-pocket costs have little to do with price of procedures

As hospitals start to publish prices of their services, patients should theoretically be able to save money by shopping around. However, out-of-pocket costs to patients have little correlation with the amount insurers pay or the overall price of a procedure, according to a recent study of 14 representative Massachusetts hospitals by Pioneer Institute.

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UK government introduces AI ‘code of conduct’

The U.K. Department of Health and Social Care recently issued a new code of conduct for AI systems in an effort to ensure that only the topmost and safest AI-based systems are used by the National Health Service (NHS). 

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Physicians generate $2.4M for hospitals annually

Physicians are major drivers of hospital revenue, generating about $2.4 million each year, according to a new survey from Merritt Hawkins.

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The word ‘told’ most correlated with negative hospital reviews

In an analysis of hospital reviews posted on Yelp, researchers found the word “told” was correlated to negative reviews, while words like “great” and “friendly” were correlated with positive ones. Findings were posted in the Journal of General Internal Medicine.

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AI could add $15.7T to global economy by 2030

Though the use of AI is still in early stages, its wide-reaching potential is expected to be felt by all industries in the near future. The technology is expected to contribute up to $15.7 trillion to the global economy by 2030, according to a PwC global AI study.

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Around the web

Cardiovascular Business
Q&A: Why are cardiovascular devices involved in so many recalls? FDA policies may be to blame

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. 

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

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.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

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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