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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Doctor sentenced to five years for performing unnecessary surgeries

Daniel J. Castro, MD, defrauded insurers and patients by conducting unnecessary excisions of glands in the head and neck.

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Cardiology salaries keep rising, outpacing consumer prices—interventional cardiologists see biggest jump

Cardiology's gains are far less than some specialties—pay for dermatologists went up more than 10%, for instance—but still ahead of the consumer price index.

AMA chart showing Medicare update payments compared to the cost of practice inflation between 2001-2024. The ongoing AMA PPI survey will be used top recalculate radiology practice expenses, but only 10 practices so far has submitted data that will impact all radiology practices.

Only 10 radiology practices completed survey used to adjust Medicare payments

The ACR shared its concerns about the lack of participation as the deadline approaches. 

artificial intelligence automation workforce

5 workforce and automation trends to reckon with in the early generative AI era

Weighing opportunities vs. challenges presented by AI and automation, business analysts have found Europe and the United States in pretty much the same boat.

FDA announces recall of Optum infusion pumps over risk of serious malfunctions

The Nimbus II Plus infusion pumps are being recalled due to multiple malfunctions that could put patients at risk.

Medicare Money dollar payment reimbursement

Primary care physicians see largest pay increase, averaging $300K in annual compensation

A report from MGMA also shows surgical specialists saw a rise in pay of 4.42%, with the cohort now taking home an average of $554,108.

Richard Heuser, MD, an interventional cardiologist known for his groundbreaking work in the field, leadership and strong business acumen, died on May 23. He was 73 years old.

Cardiologist Richard Heuser, interventional specialist and medical device pioneer, dies at 73

Heuser had a long, impactful career in cardiology. One former colleague said he was “an amazing interventional cardiologist and an even better human being.”

wallet purse broke bankrupt

Rising cost of private insurance unsustainable for 180 million families, study finds

The average cost of care for families covered by private insurance increased from $3,920 to $4,907 between 2007 and 2019.

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Around the web

Cardiovascular Business
FDA says years-long tirzepatide shortage is resolved, will give limited leeway to compounders

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.

AI in Healthcare
From Capitol Hill to a hospital near you? 5 federal recommendations for healthcare AI policy

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Cardiovascular Business
Merck spends up to $2B to license new weight loss drug with potential heart benefits

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.