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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Wait times down 5 minutes in 2016

The average time a patient spent waiting to see their physician was 20 minutes in 2016, a five-minute improvement from the previous year, according to a survey of more than 1,200 practices released by the Medical Group Management Association (MGMA).

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Trump cuts ACA advertising budget by 90%

Last year, CMS spent more than $100 million on advertising the Affordable Care Act exchanges (ACA). Under President Donald Trump, it will only spend $10 million, while also cutting 41 percent from outreach activities meant to boost enrollment on the exchanges.

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Tenet CEO stepping down next year

Trevor Fetter, CEO and chairman of the one of the nation’s largest hospital chains, Tenet Healthcare, will be leaving those roles by March 15, 2018.

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Only 3.3% of ED visits are avoidable

Health systems looking to limit overutilization of healthcare services may not find much to combat in the emergency department (ED), where only 3.3 percent of visits between 2005 and 2011 were classified as “unavoidable,” according to a study published in the International Journal for Quality in Health Care.

Patients with low health literacy 2.3 times more likely to visit ED

Preventative medicine has been proven to improve overall health of patients while also reducing the cost of care, but many factors avert the possibilities of prevention. In a study published in Academic Emergency Medicine, researchers evaluated the correlation between health literacy and preventable emergency department (ED) visits that resulted in admission.

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Advocate 'actively exploring' acquisitions, affiliations after 42% drop in operating income

Second quarter financials for Downers Grove, Illinois-based Advocate Health Care showed a 41.8 percent year-over-year drop in operating income, which fell to $47.4 million.

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Predictive model IDs patients at risk of opioid dependence

The opioid epidemic continues to impact millions of Americans, but researchers have developed a new method to genetically identify patients more at risk of developing an opioid addiction. Findings are published in Annals of Clinical & Laboratory Science.

Trump admin may do bare minimum necessary to comply with ACA

Beyond stabilizing the individual insurance market, a Trump administration official refused to say whether HHS would promote open enrollment on the Affordable Care Act exchanges, pay for navigators who help customers purchase coverage or offer assurances on cost-sharing reduction payments to insurers.

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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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