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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‘Difficult needle to thread’ on ACA fix with easier state waivers

Members of the Senate Health, Labor, Education and Pensions (HELP) Committee were encouraged to offer greater flexibility under the Affordable Care Act’s “state innovation waivers,” the details of which could spell trouble for the fledging compromise between Democrats and Republicans on a quick fix for the law.

Florida hospitals returning to normal after Irma

At least 35 Florida hospitals closed ahead of Hurricane Irma hitting the state last weekend, with dozens more still operating on backup power as recovery efforts continue.

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1 in 6 practices paying fees for receiving electronic payments

One-sixth (17 percent) of physician practices responding to a Medical Group Management Association (MGMA) poll said they’re paying fees from 2 to 5 percent for receiving payments electronically—a practice the MGMA wants CMS to prohibit.

Pharma’s 5 methods of squeezing more money from patents

Last week, Allergan sold patent rights to a big-selling eye drug called Restasis to a Native American tribe, which is protected from the lawsuits generic drugmakers use to challenge pharmaceutical patents. As STAT News reports, it’s just one of several tricks big pharma companies use to maintain a monopoly on a product.

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UnitedHealth in talks to buy Chilean insurer Banmedica

UnitedHealth Group, the largest health insurer in the U.S., is considering acquiring Banmedica, an insurer based in Chile, for an undisclosed amount.

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Medicare-for-all bill to be introduced in Senate

Legislation to move the U.S. to a single-payer, “Medicare-for-all” healthcare system will be introduced Wednesday, Sept. 13, by former presidential candidate Sen. Bernie Sanders, I-Vermont, with several potential presidential contenders in 2020 already lining up behind the bill. 

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UPMC credit downgraded on risk of PinnacleHealth acquisition

The University of Pittsburgh Medical Center (UPMC) saw its credit rating downgraded by Moody’s Investor Service, along with maintaining a negative outlook on the system, citing its “accelerated expansion and high execution risk” with the acquisition of the seven-hospital PinnacleHealth System.

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85% of physicians: Fear of malpractice leads to over-treatment

Over-treating patients means wasted resources and increased exposure to harm for individuals. In a study published in PLOS ONE, researchers surveyed physicians on causes, prevalence and consequences of over-treatment.

Around the web

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. 

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.

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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