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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Medicare could save nearly $1B by buying generics over brand names

Medicare could be saving a lot of cash by switching to generic constituents for some drugs—maybe as much as a billion dollars.
A recent study estimated spending in 2016 on 29 brand-name combination products would have been $925 million more than spending for generic counterparts.

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Morgan Stanley: 20% of hospitals at risk of closure

Nearly 20 percent of U.S. hospitals are at risk of potential closure or are in weak shape, according to a recent report from Morgan Stanley.

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$85M approved for healthcare studies

The Patient-Centered Outcomes Research Institute (PCORI) Board of Governors, an independent nonprofit organization authorized by Congress, has approved $85 million for 16 new studies to improve care and outcomes for several conditions.

Amazon hires Mass Gen cardiologist in latest healthcare move

Online retail giant Amazon has made another splash into the healthcare pond by hiring cardiologist Maulik Majmudar, MD.

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Acquisition forms nation’s largest telepsychiatry provider

SOC Telemed, the nation’s largest national provider of telemedicine technology to healthcare providers, has acquired behavioral health telemedicine company JSA Health.

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New Medicare Advantage supplemental benefits need oversight

More benefits are coming to Medicare Advantage plans aimed at keeping older Americans in their homes longer, but the uncertainty around these additions—and their cost—means more scrutiny may be needed, according to the Bipartisan Policy Center.

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Googling symptoms may improve patient interactions with physicians

A team of Australian researchers found those who consulted online resources had better interactions, because it led to more informed discussions while not undermining trust in diagnoses and treatment plans. Still, while the activity was generally considered positive, searches could increase patient anxiety.

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Anthem, Walmart to collaborate in OTC medicines deal

Health insurance company Anthem has teamed up with Walmart in a bid to improve access to and lower the price of over-the-counter (OTC) medicines and services, the companies announced Monday.

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Around the web

Cardiovascular Business
Q&A: Why are cardiovascular devices involved in so many recalls? FDA policies may be to blame

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. 

Cardiovascular Business
Cardiologist compensation still rising, especially in invasive and interventional cardiology

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.

Cardiovascular Business
FDA’s tirzepatide decision creates uncertainty for patients—and leads to a lawsuit

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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