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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Quincy Medical Center set to close

In the largest Massachusetts hospital closure in a decade, Steward Health Care System announced the imminent closure of Quincy Medical Center, reports the Boston Globe.

Majority of CFOs at struggling hospitals expect to lose their jobs by 2016

Sixty-one percent of chief financial officers at self-identified struggling hospitals anticipate losing their jobs within two years, reports Becker’s Healthcare.

Taking on risk

BOSTON— The fee-for-service model continues to dominate, but an increasing number of organizations are plunging into more risk-based payment schemes.

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Former U.S. CTO on government as innovation platform

BOSTON—The digital health revolution will happen this decade, Aneesh Chopra, co-founder and executive vice president of Hunch Analytics and former U.S. chief technology officer, told an audience at the Digital Healthcare Innovation Summit.

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Feds to require hospitalization coverage for large companies

The Obama administration is planning to close a loophole in the Affordable Care Act which allows larger companies to refuse to cover in-patient hospital stays in their insurance plans, an anonymous source told USA Today.

Thanks to ACA, health sector stocks boom

Hospitals and insurance companies are raking in profits thanks to the Affordable Care Act, reports CNBC.

Re-election of Republican governors narrows possibilities of Medicaid expansion

The re-election of Republican governors in Florida, Georgia, Wisconsin, Maine and Kansas narrows prospects for Medicaid expansion in those states, according to Tampa Bay Times.

Survey finds majority ready for end-to-end ICD-10 testing

The majority of healthcare organizations are ready to conduct end-to-end ICD-10 testing, according to a survey conducted by the American Health Information Management Association and eHealth Initiative.

Around the web

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.

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. 

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.