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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10 cognitive biases in medical imaging and how to avoid them

Diagnostic error remains a major setback to improving the quality of radiology and overall interpretation of imaging examinations. What consistently induces diagnostic error is a radiologist's cognitive bias, according to a recent article published in the American Journal of Roentgenology.

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Siemens Healthineers raises $5.2B with IPO

Siemens’ healthcare division, Siemens Healthineers, began trading on Germany’s stock exchange Friday, raising $5.2 billion (4.2 billion euros) by selling 15 percent of the company. Shares were issued at 28 euros each but opened at 29.10 euros each.

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Siemens Healthineers raises $5.2B with IPO

Siemens’ healthcare division, Siemens Healthineers, began trading on Germany’s stock exchange Friday, raising $5.2 billion (4.2 billion euros) by selling 15 percent of the company. Shares of were issued at 28 euros each but opened at 29.10 euros each.

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CMS’ Kate Goodrich: MACRA changes coming, but not on certified EHR

Easing clinician burden under the payment tracks implemented as part of the Medicare Access and CHIP Reauthorization Act (MACRA) will be a priority for CMS in this year’s rulemaking, according to Kate Goodrich, MD, the agency’s chief medical officer. What won’t be changing, however, is requiring providers to meet the 2015 edition of certified electronic health record technology (CHERT) standards.

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ONC’s Don Rucker: ‘Nonsense’ to think patients can’t handle or understand their data

The new push for easier patient access to their health data from CMS will require some work on the part of the Office of National Coordinator for Health IT (ONC), with the agency’s leaders not being shy about supporting its patient-centric goals in a briefing with reporters at HIMSS18 in Las Vegas.

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Data can make the difference in cutting waste from the supply chain

When Indiana’s Goshen Health decided to de-affiliate from Indiana University Health in 2016, it knew its supply costs were going to increase for its 122-bed hospital, cancer center and 27 physician practice locations, according to chief financial officer Amy Floria. That meant waste in the supply chain had to be cut out—like the 80 percent of hospital supplies which had sat untouched on a shelf for two years.

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APMs can create problems for vulnerable populations

Patients with disabilities or living in poverty have poorer health outcomes and higher costs. Theoretically, alternative payment models (APMs) could encourage providers to better coordinate care for vulnerable populations and improve their outcomes—but they also have the potential to harm these patients, according to Karen Joynt Maddox, MD, MPH, assistant professor of medicine at Washington University in St. Louis.

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Former U.S. CTO: Some health IT firms will push back on My HealthE Data

The My HealthE Data initiative announced by CMS at HIMSS18 earned favorable reactions from health IT professionals at the conference. When it comes to actually allowing patients to access and share their health data, however, some companies which profit from the current “friction-filled health data sharing economy” will resist, according to former U.S. chief technology officer Aneesh Chopra.