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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hospital chief financial officer pain points

Hospitals’ fiscal ‘pain points’ topped by revenue cycle management, labor costs, workforce shortages

Healthcare CFOs spend more time dealing with cost management and, by extension, operational issues than any other single set of items on their to-do lists.

the words "FDA recall" on a board

FDA classifies Vyaire recall as ‘most serious’

The FDA has issued a Class I recall for Vyaire Medical respiratory support devices, saying use of older, defective devices could result in injury or death.

The most popular selfie spot at ACC 2023. At one point the first day of the conference, there were about 1,0000 attendees waiting in a line about two football fields long to get a photo in front of the logo. A testament to the first post-COVID pandemic ACC and large numbers of returning clinicians to the in person event. ACC.23 had more attendees and vendor booths than in 0re-pandemic 2019. #ACC23 #ACC

ACC.24 to make the business side of cardiology a priority

While the American College of Cardiology's annual meeting has historically had a more clinical focus, presentations at this year's conference in Atlanta will spend much more time looking at the business side of things. 

Medicare money payment

Medicare will now cover weight loss drug semaglutide if taken for heart benefits

The news represents a meaningful policy shift for CMS. In the past, Medicare prescription drug plans have not covered medications designed to help patients lose weight.

idea light bulb innovation

Powering down interventional imaging systems saves tens of thousands in electricity costs

Making the hypothetical adjustment of switching all idle systems to off overnight and on weekends would save one hospital about $38,000. 
 

scale money prices shopping transparency reimbursement dollar coins

Nearly 15% of claims submitted to private payers are initially denied

Private payers eventually overturned more than half of denials, with the claims paid, but only after “multiple, costly rounds of provider appeals.” 

Going green in the cath lab makes economic sense

New research explored the potential savings of turning off angiography systems at night and on weekends.

artificial intelligence AI in healthcare

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

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