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.

RBM Business Booms for Magellan

Magellan Health Services Inc., health benefits management company based in Avon, Conn., says its second-quarter earnings rose 17% despite some rising expenses

Canon Celebrates Grand Opening of New Americas Headquarters

Canon U.S.A. Inc. invited notable elected officials, including Senator Charles Schumer (D-NY), to tour its new 700,000-square-foot headquarters in Melville, NY, at the grand opening ceremony

Efficient Expansion on Medicare Margins: Eisenhower Radiology Medical Group

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Eisenhower Radiology Medical Group (ERMG) has accomplished what many would consider impossible: rapid, recent expansion during a recession, with a patient base composed primarily of Medicare beneficiaries. The 17-radiologist group, located in Rancho Mirage, California, has added three imaging centers to its roster in as many years, according to Blair Dick, business administrator for the practice. “One of the biggest challenges we’ve faced was expanding from one facility to four in this economic environment, which is one of the worst we’ve ever faced,” Dick says. “We did it because we wanted to position ourselves to accommodate the increased demand for imaging services that will result from health-care reform.”

House Subcommittee Approves Permanent SGR Fix

The draft bill to permanently repeal the now 15-year-old Medicare sustainable growth rate (SGR) formula was approved by a voice vote by the House Energy and Commerce Health Subcommittee and will now be considered by the full Committee

The 2014 MPFS and HOPPS: Projected Impact on Radiology

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The proposed 2014 Medicare Physician Fee Schedule1 (MPFS) and Hospital Outpatient Prospective Payment System2 (HOPPS) rules have both been released, and the outlook for radiology is dim, according to Cynthia Moran, assistant executive director for government relations and economics at the ACR®. “The only good news—if you can call it that—is that CMS no longer appears to be targeting only radiology,” Moran says. “It used to be that it was seeking to take from the specialties and give back to primary care, but now, it’s not even doing that. It’s just lowering how much money is spent as much as it can.”

Radiology Groups Face Pressure to Consolidate: Survey

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Radiology-practice consolidation has become more than just a trend: It’s an imperative for future survival, according to Michael Brant-Zawadzki, MD, Ron and Sandi Simon endowed executive medical director chair at the Hoag Neurosciences Institute (Newport Beach, California). “Scale is becoming much more important,” he notes. “Smaller groups are looking for help and are being overtaken by corporate entities like national teleradiology groups—or by larger, independent group practices. Under that model, they can distribute subspecialty services more efficiently and can realize economies of scale.”

Making Big Data Work for Your Practice

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Big data, as a term, means different things to different industries and professionals, but loosely defined, it refers to the explosion of information flowing into and out of businesses—including medical practices—over the past few years. Of the world’s data, 90% were created in the past two years alone; IBM estimates that 2.5 quintillion bytes of data are generated every day.

North Carolina Passes Breast Density Law

Governor Pat McCrory has HB 467, the Breast Density Notification & Awareness bill, into law making North Carolina the 12th state requiring mammography providers to inform patients about their breast density. It also makes a correction to a statute involving the cancer registry