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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AI not a substitute for patient-physician relationship

AI continues to make strides in medicine, with an expected market size in excess of $13 billion by 2025. But physicians and medical school deans at the Imagine Solutions Conference in Naples, Florida, stressed there is no substitute for the patient-physician relationship. 

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CMS: All Children’s Hospital failures were widespread

A CMS report found the problems at Johns Hopkins All Children’s Hospital in St. Petersburg, Florida, were more extensive than the pediatric heart unit, The Tampa Bay Times reported.

Crossover Health Acquires Sherpaa Health Virtual Primary Care Platform

Crossover Health, a leading provider of comprehensive health services for self-insured employers, announced today that it has acquired the exclusive rights to the technology platform developed by Sherpaa Health, the pioneer of virtual primary care.

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GE to sell biopharma biz for $21B, postpone healthcare IPO

General Electric Company (GE) is selling its biopharma business to Danaher for $21.4 billion, the company announced Feb. 25. With a definitive agreement signed between the two parties, GE’s previous plan to spin off its healthcare sector with its own initial public offering is likely put on hold, GE Chairman and CEO Larry Culp told CNBC.

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Report reveals drug middlemen snagged $124M in Kentucky

Drug middlemen gobbled up $123.5 million in hidden costs in Kentucky’s Medicaid program, according to a new report from the Kentucky’s Cabinet for Health and Family Services.

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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."

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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.

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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.

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.