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.

FDA issues Class I update on robotic arms due to risk of fire
A protective coating on Jaco Assistive Robotic Arms from Kinova could become damaged, leading to exposed metal causing an electrical fire when it comes into contact with a powered wheelchair.
FDA issues Class I recall on tracheostomy tubes after 12 injuries
The Smiths Medical BLUSelect and related products have a manufacturing defect and must be removed from stocks immediately.
Microsoft: Ransomware hit nearly 400 healthcare entities this year—a 300% rise since 2015
A study from Microsoft on the impact of ransomware found unaffected nearby hospitals see a rise in stroke and cardiac arrest cases, in addition to an influx of patients.
10 ways AI, robotics are improving pediatric care in real-world settings
For whatever reason, the grownups seem to get all the attention when talk turns to AI in healthcare. All the kiddos get to do is look on and listen in. Now comes a worthy little effort to balance the seesaw.
Feds make it official: Change data breach was the largest in healthcare history, impacting 100M
Updated reporting from HHS shows UnitedHealth Group's estimate that roughly one-third of people in the U.S. would be affected was correct.

Amazon exec: Use AI ethically

Taha Kass-Hout, senior leader of healthcare and AI at Amazon, recently noted the technology and e-commerce giant sees potential in developing healthcare-related AI tools. In an interview with STAT, Kass-Hout didn't divulge many secrets about Amazon's activities with AI, but did talk about certain areas of focus, noting researchers have uncovered “tangible uses of AI."

February 25, 2019

Optum exec free to work for Amazon health joint venture

A former employee of UnitedHealth Group’s Optum business is allowed to work for the new healthcare joint venture between Amazon, Berkshire Hathaway and JPMorgan Chase, a U.S. District Court judge ruled.

February 25, 2019

Physician burnout varies by specialty

Burnout among physicians improved slightly over the last few years, but not all specialties have seen much of a difference, according to data published in Mayo Clinic Proceedings.

February 25, 2019

Cigna, Anthem dispute bills after failed merger

A proposed merger between two major health insurance providers ended in a messy breakup after antitrust issues prohibited the roughly $50 billion transaction in 2017. Now, the two companies, Anthem and Cigna, are still disputing which company will foot the costs of the failed deal, Bloomberg Quint reported.

February 25, 2019

CivicaRx wants to change drug costs by working with pharma

CivicaRx, the not-for-profit entity created last year by a group of health systems and hospitals, is planning to achieve its goals of lowering drug prices and addressing shortages in hospitals by working directly with pharmaceutical companies and buying drugs, Bloomberg reported.

February 22, 2019

Radiology group unveils draft of AI guidelines for healthcare

The Royal Australia and New Zealand College of Radiologists (RANZCR) recently unveiled a draft of ethical guidelines for the emerging use of machine learning and AI in medicine.

February 22, 2019

Fast Company names most innovative companies in healthcare

Some companies in particular are rising above the fray with their innovative solutions, according to Fast Company, which ranked the most innovative companies for 2019 across industries and overall.

February 22, 2019

Traveling and waiting for healthcare services costs $89B each year

Getting to and waiting for a doctor’s appointment will likely take longer than getting a car repair, according to a recent analysis of travel and wait times among professional services by Altarum. All that waiting and traveling adds up to a significant burden in the U.S.–– an average of $89 billion annually in economic costs from 2006 to 2017.

February 22, 2019

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.

Management

FDA issues Class I update on robotic arms due to risk of fire

FDA issues Class I recall on tracheostomy tubes after 12 injuries

Microsoft: Ransomware hit nearly 400 healthcare entities this year—a 300% rise since 2015

10 ways AI, robotics are improving pediatric care in real-world settings

Feds make it official: Change data breach was the largest in healthcare history, impacting 100M

Around the web