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.

Walgreens confirms $10B sale to PE, as part of $24B transaction
Sycamore Partners will be purchasing the struggling pharmacy chain for $11.45 a share and putting its VillageMD clinics up for sale.
Maryland woman faces prison for concocting $3.6M metal health scam
Tasha Saunders, 44, pleaded guilty to defrauding Medicaid in a scheme that involved creating fake patient records and forging the signatures of unwitting providers at a psychiatric rehabilitation center.
Newly proposed cybersecurity rule could cripple private radiology practices, RBMA says
This marks the first major update to the HIPAA Security Rule in over a decade, with HHS seeking to require multifactor authentication and written documentation of all policies.
Thousands of radiologists now work for private equity, up sharply from a decade ago
About 282 (or 1%) of radiologists worked for PE entities in 2013, a number that has increased over 1,300% in the 11 years since, according to new research.
Aclarion, a company using remote MRIs to assess back pain, expands in partnership with RadNet
The publicly traded Broomfield, Colorado, firm plans to bolster access to its Nociscan product across key markets in New York and New Jersey.

High Tech Imaging Utilization Soars Among Nonradiologists

David C. Levin, MD, unleashed a powerful tool for radiology in the form of newly crunched data illustrating the role of self-referral in the rapid growth of high-tech imaging. Presenting on Recent Trends in Utilization of the Major Imaging Modalities at the RBMA 2007 Summit in St Louis, MO, Levin used data gathered from a variety of sources,

Think Tank : Is it Time for the Radiology (R) RVU in Medical Imaging Reimbursement?

The Medicare Payment Advisory Commission (MedPAC) and the Centers for Medicare and Medicaid Services have both stated the important goals of maintaining access for Medicare beneficiaries, reducing cost, and improving quality as we move forward into the pay-for-performance future. The payment systems used to fund Medicare’s services should

Street Scan: Hologic Buys Cytyc and a Foot in the OB/GYN Door

With its announcement that it would buy Cytyc, Marlborough, Mass, for $6.2 billion, Hologic Inc, Bedford, Mass, broadens its position in the women’s health care market and buys access to its gatekeeper: the obstetrician/gynecologist. Will the move precipitate a consolidation on the vendor side of diagnostics that would replicate the consolidation

SIIM 2007 Report

The Society for Imaging Informatics in Medicine (SIIM, formerly SCAR) met last week in Providence, Rhode Island. Some of the hot topics included the following:

Strategic Planning for Imaging Centers: Act with Plan in Hand

Imaging center success hinges on many factors, but without the volume to sustain the operation and power it toward profitability, failure is a given. Breakeven is the bare minimum any business operation must achieve to keep the doors open, yet some radiology groups and entrepreneurs in the imaging center business blow blithely past that and other

CXOFiles No.2 Joseph J. McDonough Comes Full Circle, Takes Helm at Soteria

Last month, peripatetic CEO Joseph J. McDonough returned to imaging after a 5-year hiatus, this time as CEO of Soteria Imaging Services, Louisville, Ky, with a mandate to grow. His last imaging stint was as CEO of International Radiology Group/American Imaging Management, Dallas, Texas, and since then he has served as CEO of home health care

Real Rads Don’t Eat Quiche

And they definitely do not do “admin”.

Academic Incentive Plan: A Takeaway for Private Practice?

Does an incentive plan designed for an academic practice have applications in private practice? More specifically, can outpatient-focused radiology practices find something of value in an incentive plan that assigns points to various behaviors in addition to RVUs? An article by Edward Bluth, MD, chairman of radiology at Ochsner Clinic, in the May

Management

Walgreens confirms $10B sale to PE, as part of $24B transaction

Maryland woman faces prison for concocting $3.6M metal health scam

Newly proposed cybersecurity rule could cripple private radiology practices, RBMA says

Thousands of radiologists now work for private equity, up sharply from a decade ago

Aclarion, a company using remote MRIs to assess back pain, expands in partnership with RadNet