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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Value-based payment modifier results: Less than 1% of groups earn bonuses

CMS has posted results from its implementation of the ACA’s value-based payment modifier program, and out of more than 13,800 eligible physician groups, just 128 groups—less than one percent—will receive “upward adjustments,” or bonuses, for strong performances. The rate for those adjustments is quoted as 15.92 percent, or 31.84 percent for some groups that treated high-risk beneficiaries.

5,500+ new, revised ICD-10 codes in the works for 2017

More than 5,500 diagnosis and procedures codes will be added to the ICD-10 coding system for fiscal year 2017.

Sentara names new president, CEO and COO

Howard P. Kern is the new president and CEO of Norfolk, Va.-based Sentara Healthcare as of March 4.

Skip the surgery and pop the placebo, writes cheeky surgeon-author

Any surgery carries risk, which is why decisions to put patients under the knife should be carefully considered. However, one surgeon is calling attention to the fact that some common procedures end up being about as effective as a placebo procedure would have been—and the placebo would have cost a lot less while doing the patient zero harm.

AMA, other orgs call for rejection of Aetna/Humana merger

The American Medical Association (AMA) has joined forces with the Florida Medical Association and Florida Osteopathic Medical Association, and written a letter to Florida Attorney General Pam Bondi, calling on her to reject the proposed merger of Aetna and Humana.  

Community Care of North Carolina wins inaugural Hearst Health Prize and $100,000

Community Care of North Carolina won the inaugural Hearst Health prize on March 8 and $100,000 for excellence in managing or improving health.

Immediate opposition mounts to White House prescription drug payment proposal

A plan proposed by the Obama administration to test how limiting prescription drug payments might help lower excessive spending has been met with swift opposition from physicians, providers, drug manufacturers and healthcare organizations.

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Proposed ACO benchmarks may penalize the orgs serving the sickest patients

An analysis from Harvard’s department of healthcare policy shows such wide variation in baseline spending levels from one ACO to the next that any future benchmarking efforts, including those performed within single given regions, must roll out parity measures only gradually—or pay the price in the form of participation falloffs.  

Around the web

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. 

If passed, this bill would help clinician-led clinical registries explore Medicare data for research purposes. The Society of Thoracic Surgeons and American College of Cardiology both shared public support for the bipartisan legislation. 

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