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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Partners HealthCare CEO to retire

David F. Torchiana, MD, CEO of Boston-based Partners HealthCare, has announced his plans to retire, The Boston Globe reported. 

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One-third of all GoFundMe campaigns pay medical bills

Sky-high medical bills have forced many individuals to turn to crowdsourcing to pay what they owe, according to the CEO of GoFundMe, who spoke on CBS MoneyWatch.

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Hip and knee replacements, costs on the rise in the US

Planned hip and knee replacements are on the rise in the U.S., including among younger Americans, according to an analysis from the Blue Cross Blue Shield Association (BCBSA).

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IBM, Aetna, healthcare companies to create blockchain network

IBM, Aetna, Anthem, Health Care Service Corporation and PNC Bank are working together to design and create a blockchain network to improve transparency and interoperability in the healthcare industry, the companies announced.

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Dartmouth-Hitchcock to merge with GraniteOne Health

Dartmouth-Hitchcock Health, a New Hampshire-based health system that serves 1.9 million people across New England, and GraniteOne Health, a network of New Hampshire hospitals, have signed a letter of intent to merge.

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Publishing drug prices impacts consumers less when out-of-pocket costs are specified

Mandating pharmaceutical companies to disclose drug prices as part of Direct-to-Consumer Pharmaceutical Advertising (DTCPA) may reduce consumer interest in high-priced drugs. But the inclusion of modifiers indicating consumers will have zero out-of-pocket costs weakened the finding, according to the results of a behavioral experiment published in JAMA Internal Medicine. 

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International companies leverage AI to boost disease awareness

Tencent, a Chinese multinational investment holding conglomerate, and Merck KGaA, a German-based pharmaceutical, life sciences and technology company, are collaborating to increase disease awareness and provide more accessible healthcare services via digital platforms in China by leveraging AI and big data.

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5 pharma companies to lose $500M each under Trump’s drug pricing proposal

Five major pharmaceutical companies could each lose $500 million or more in revenue per year if a proposal from the Trump administration to reimburse Medicare Part B drugs based on an international pricing index (IPI) is finalized.

Around the web

RBMA President Peter Moffatt discusses declining reimbursement rates, recruiting challenges and the role of artificial intelligence in transforming the industry.

Mark Isenberg, executive vice president of Zotec Partners, discusses key developments that will reshape the specialty this year. 

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.