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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UNC interventional radiology gets “lean,” slashes overtime hours

A “lean” system improvement analysis conducted by interventional radiologists at the University of North Carolina (UNC) School of Medicine in Chapel Hill was able to help streamline workflow and cut technologist and nurse overtime hours by 20 percent and 57 percent, respectively.

Moody’s Predicts Two-Midnight Rule Will Pressure Hospital Finances

Hospital operators feeling the pinch from reduced inpatient volumes due to the Centers for Medicare & Medicaid Services’ new regulations to better define when a short-term stay should count as an inpatient stay are certainly not alone. According to financial analysts at the prestigious Moody's Investors Service,  the new inpatient billing rule referred to as the “two-midnight rule” will put financial pressure on hospitals for some time to come.

Catalyst for Payment Reform Executive Director Breaks Down Pay-for-Performance

In a continuing Health Affairs series, Catalyst for Payment Reform Executive Director Suzanne Delbanco digs into the evidence for Pay-for-Performance (often called P4P) as a payment system that may potentially reduce overall health care costs.According to Delbanco, pay-for-performance may indeed be useful in shifting providers toward new payment systems because it only has an upside. You get a bonus if you improve certain quality measures and you earn the same if you don't.However, she warns that the lack of financial risk in P4P may limit its usefulness. Research also has not shown that it can lower costs, a key purpose of new payment systems. Finally, it may encourage physicians to focus on a narrow band of measurable quality measures to the detriment of the overall quality of the care the patient receives.Delbanco theorizes that the true value of P4P may be as a stepping stone to shared-risk arrangements with payors.

NYT: “New Law’s Demands on Doctors Have Many Seeking a Network”

The many regulatory, reimbursement and policy changes related to the Patient Protection and Affordable Care Act are undoubtedly changing the business climate for physicians. In a feature with video, the New York Times contrasts the practices of two Kentucky primary care doctors — Sven Jonsson, M.D., and Tracy Ragland, M.D. — to illustrate the economic pressure pushing many sole practitioners into employment by large health care networks.

NYT Well Blog: Can Physicians Really Be Taught to Be Better Communicators?

Timothy Gilligan, M.D., co-director of the Center for Excellence in Healthcare Communication at the Cleveland Clinic, and Mikkael Sekeres, M.D., director of the leukemia program at the Cleveland Clinic, provide a well timed caution on the physician communication training trend.

CMS's Griner Defends Open Payments Regulations

Dislike the Open Payments regulations (also known as the Physician Payments Sunshine Act) that are part of the Affordable Care Act? In a blog post for Health Affairs, Anita Griner, deputy director of the Data Sharing and Partnership Group at the Centers for Medicare and Medicaid Services' Center for Program Integrity, explains why the regulations are a good idea and the burden they may create on physicians and manufacturers is likely overstated.

Wall Street Journal: How to Bring the Price of Health Care Into the Open

Shopping for health care based on price is still fairly rare and exceedingly difficult to do. However, the Wall Street Journal reports that the push toward price transparency is growing despite the barriers.

WEDI Offers Complimentary ICD-10 Compliance Training Through Webinar Series

Reston, VA, February 10, 2014 -- The Workgroup for Electronic Data Interchange (WEDI) in partnership with the Centers for Medicare and Medicaid Services (CMS), the Cooperative Exchange and other private industry partners, today announced the launch of its ICD-10 Success Initiative webinar series. The purpose of these webinars is to help health IT stakeholders meet the October 1 ICD-10 compliance deadline and to provide answers to common questions.

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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