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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Physician burnout improves, but more work ahead

Physician burnout is getting better, according to a new triennial study published in Mayo Clinic Proceedings. In fact, doctors were less likely to indicate emotional exhaustion and depersonalization in a survey in 2017 compared to 2014, and burnout prevalence is closer to 2011 levels.

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Hospitals team up in surprise billing framework

A group of hospital associations sent a letter to Congress outlining their joint position to utilize a new set of principles to protect patients from surprise billing.

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Amazon-Berkshire-JPMorgan venture wants to redesign health insurance

More details about the still-unnamed healthcare joint venture between Amazon, Berkshire Hathaway and JPMorgan Chase have come out during the ongoing court case over the hiring of a former UnitedHealth Group executive. The newly unsealed documents reveal the joint venture is aiming to redesign health insurance, The Wall Street Journal reported.

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Kaiser Permanente medical school to open tuition-free

The Kaiser Permanente School of Medicine, a new Pasadena, California-based medical school opening in 2020, will allow students to attend tuition-free for the first five graduating classes.

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Humana CMO: AI can revolutionize patient care

As the healthcare industry continues to embrace AI and unlock its potential, Humana Chief Medical Officer Roy Beveridge, MD, believes the technology will transform patient care.

Healthcare to reach 19.4% of GDP by 2027

The healthcare sector will continue to eclipse more of the economy over the next several years, with national healthcare expenditures hitting 19.4 percent of GDP by 2027, according to the Office of the Actuary at CMS. From 2018 to 2027, healthcare expenditures will grow an average of 5.5 percent annually, hitting nearly $6 trillion.

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CVS Health reports losses after Aetna merger

After acquiring Aetna for nearly $70 billion, CVS Health has taken a financial hit. During the three months ending Dec. 31, 2018, CVS Health lost $421 million in net income, according to its end-of-year financial results.

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Paige.AI names Leo Grady as CEO

Paige.AI, a startup that uses AI to diagnose and treat cancer, announced the appointment of Leo Grady, PhD, as its new CEO and a member of its board of directors. Paige.AI was recently named a top startup in CB Insight's third annual AI 100 list.

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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