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.

Microsoft: Ransomware hit nearly 400 healthcare entities this year—a 300% rise since 2015
A study from Microsoft on the impact of ransomware found unaffected nearby hospitals see a rise in stroke and cardiac arrest cases, in addition to an influx of patients.
10 ways AI, robotics are improving pediatric care in real-world settings
For whatever reason, the grownups seem to get all the attention when talk turns to AI in healthcare. All the kiddos get to do is look on and listen in. Now comes a worthy little effort to balance the seesaw.
Feds make it official: Change data breach was the largest in healthcare history, impacting 100M
Updated reporting from HHS shows UnitedHealth Group's estimate that roughly one-third of people in the U.S. would be affected was correct.
FDA approves first RSV vaccine for adults
Pfizer's Abrysvo vaccine can now be prescribed to all adults 18 and older at high risk for severe RSV complications, including pregnant women.
Blue Cross Blue Shield of New York sued over ‘ghost networks’
Thousands of patients have filed a class-action lawsuit against the insurer for issuing directories of providers who were out-of-network and did not take BCBS health plans.

$1B Medicare Advantage fraud case against UnitedHealth can proceed

The U.S. Department of Justice (DOJ) can move forward with a lawsuit alleging UnitedHealth Group wrongly collected more than $1 billion through Medicare Advantage by finding conditions to increase a patient’s risk adjustment payment from CMS.

February 15, 2018

JPMorgan CEO on new healthcare partnership: ‘We simply want to do a better job’

Jamie Dimon, JPMorgan Chase CEO, offered some insight as to why the banking giant is getting involved in healthcare through its partnership with Amazon and Berkshire Hathaway: lowering healthcare costs and improving outcomes for its employees.

February 15, 2018

'20 years late': Docs on drug-maker's move to stop marketing OxyContin

Purdue Pharma, the producer of OxyContin, recently announced it would end physician-directed marketing of all opioids. The move is a step forward in efforts to control misuse and abuse of opioids in the U.S., but, according to physicians in Maine, it comes two decades too late.

February 15, 2018

FTC approves Advocate-Aurora merger

The proposed merger between Downers Grove, Illinois-based Advocate Health Care and Milwaukee’s Aurora Health Care now has the blessing of the Federal Trade Commission and regulators in Illinois, leaving regulatory approval in Wisconsin as the final hurdle for creating the 10th largest nonprofit health system in the U.S.

February 15, 2018

AHA to CMS: Delay application deadline for new bundled payment model

Providers have until March 12 to apply for CMS’s new Bundled Payments for Care Improvement (BPCI) Advanced model, though the program was only unveiled on Jan. 9. Considering the details CMS has given about the model, that’s not enough time for hospitals to decide whether to participate, according to the American Hospital Association (AHA).

February 14, 2018

Health spending growth will accelerate through 2026

The growth in health expenditures nationwide is expected to average 5.5 percent annually through 2026, with the aging population driving more rapid annual growth in Medicare.

February 14, 2018

HHS Secretary defends cuts to department in budget proposal

In his first congressional testimony since being confirmed as HHS Secretary, Alex Azar argued the department’s proposed budget would extend the life of Medicare while making HHS more efficient by cutting nearly $18 billion in funding.

February 14, 2018

Digital scanning technology halves need for liver biopsies

Researches from the University of Birmingham and University of Edinburgh have cut the number of liver biopsies performed on patients with fatty liver in half by using a non-invasive digital image scan. Findings were published in Alimentary Pharmacology & Therapeutics.

February 13, 2018

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.

Management

Microsoft: Ransomware hit nearly 400 healthcare entities this year—a 300% rise since 2015

10 ways AI, robotics are improving pediatric care in real-world settings

Feds make it official: Change data breach was the largest in healthcare history, impacting 100M

FDA approves first RSV vaccine for adults

Blue Cross Blue Shield of New York sued over ‘ghost networks’

Around the web