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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CMS finalizes changes to the ACO program

CMS has finalized changes to the Medicare Shared Savings Program (MSSP) that “dramatically redesigns and sets a new direction” for Medicare accountable care organizations (ACOs). The final rule, as outlined in the proposed rule announced in August, will force ACOs to take on more risk at a quicker pace.

Software developer that offers conversational AI acquired for $1B

Minnesota-based multinational conglomerate 3M has acquired speech recognition software developer M*Modal for $1 billion, according to a report by the Pittsburgh Post-Gazette. M*Modal provides healthcare technology and conversational AI-powered systems for transcribing doctors’ verbal notes.

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Cigna, Express Scripts close $67B merger

After a delay, Cigna has closed its $67 billion acquisition of Express Scripts, the company confirmed on Dec. 20.

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Value-based care made major headway in 2017

The shift to value-based care made significant headway in 2017, according to a new survey from the Health Care Transformation Task Force that found nearly half of their business was in value-based payment arrangements by the end of the year.

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5 challenges deep learning faces in medicine

Though the use of deep-learning techniques has the potential to change several areas of medicine, the technology faces numerous challenges before it can be applied more broadly, according to a viewpoint article published in JAMA Internal Medicine.

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3 in 10 Americans delay healthcare due to high costs

Roughly 3 in 10 Americans don’t seek medical care because they can’t afford it, according to a recent Gallup poll.

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CMS to scrutinize conflicts of interest among accrediting organizations

CMS wants to take a closer look at the financial relationships of accrediting organizations (AOs) that survey Medicare-certified healthcare providers.

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Judge tells CVS, Aetna to keep operations separate during antitrust review

A federal judge who has been reviewing the $69 billion merger between CVS Health and Aetna has told the two companies to keep some operations separate during the ongoing antitrust process, The New York Times reported.

Around the web

The FDA recently cleared the company's cable-free, credit card-sized heart monitor that produces 12-lead ECGs.

If 25% tariffs go into effect, it could have a big impact on the cost of medical imaging and radiotherapy systems, with many manufacturing facilities in Mexico. 

U.S. cardiology groups have worked together to propose the creation of a new American Board of Cardiovascular Medicine for certifying cardiologists. Now, after many months of waiting, a final decision is expected by the end of February.