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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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.

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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.

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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.

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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.

 

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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.

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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.

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.