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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Amazon announces merger with online pharmacy PillPack

Rumors of Amazon’s interest in entering the healthcare space became reality with the announcement earlier this year of a venture with JPMorgan Chase and Berkshire Hathaway. But it looks like the online retail giant has bigger plans. Amazon announced plans for a merger with PillPack, an online pharmacy.

Diabetes self-management program reduces costs

A self-management diabetes program was able to reduce healthcare costs by $800, according to a study published in the Journal of Medical Internet Research.

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Healthcare top priority for 25% of voters; 66% back protections for pre-existing conditions

Just over four months away from the 2018 midterm elections, healthcare promises to be a major topic of discussion as campaigns head toward the finish line. According to a recent poll, 25 percent of registered voters said healthcare was the No. 1 issue for this election cycle.

Medicare spending hits $702B in 2017, will top $1T in 2026

The Kaiser Family Foundation released an issue brief June 22 that projected total Medicare spending to top $1 trillion by 2026, up from a total of $702 billion last year, according to Congressional Budget Office and CMS data.

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AbbVie, Google's Calico pitch in another $1B for anti-aging work

Calico, a biotech firm backed by Google, announced a $1 billion extension to its partnership with AbbVie. Now with $2.5 billion in funding, the venture is aimed at finding cures for aging-related diseases, such as neurodegeneration and cancer.

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CMS unveils 3 initiatives to 'improve program integrity' of Medicaid

Emphasize program integrity in audits of state claims for federal match funds and medical loss ratios (MLRs). CMS will audit some states based on clinical services spending and quality improvements.

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Senate announces hearing on reducing healthcare costs

The Senate health committee has announced a series of hearings addressing how healthcare systems can reduce costs in America.

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4 accused of $200M insurance fraud in kickback scheme

Individuals from Mississippi were indicted for defrauding insurance companies for $200 million with high-priced compounded formulations and bribing providers—including dentists, physicians and nurse practitioners—to prescribe those medications to patients they never examined.

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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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