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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FDA warns against use of troubled heart devices, citing ‘continued concerns’ after multiple recalls

The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible. 

May 8, 2024
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Radiologist-founded startup Rad AI raises $50M in Series B financing

The company, which offers software to help physicians save time and alleviate burnout, will use the funds to expand global availability of its generative AI solutions.

May 8, 2024
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Nearly 70% drop in volume precedes private practice’s decision to join Radiology Partners

Glenwood Spring, Colorado-based Mountain Radiology first engaged in discussions about a partnership with RP in early 2020. 

May 8, 2024
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Lack of reimbursement hindering AI adoption, American College of Radiology warns Congress

Determining how to reimburse for healthcare artificial intelligence is likely to be a “complex policy challenge,” CEO William T. Thorwarth Jr., MD, wrote May 6. 

May 8, 2024
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Industry Watcher’s Digest

Buzzworthy developments of the past few days.

May 8, 2024
underutilized healthcare data

So much healthcare data, so many missed opportunities

Four of five hospital leaders trust the accuracy of their institution’s data. Yet almost half of useable data gets underutilized if not completely untapped for guiding business and clinical decisions.

May 8, 2024
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Medicare on solid ground for now but headed for fiscal quicksand

Medicare’s Hospital Insurance (HI) Trust Fund has the wherewithal to pay the full bill for beneficiaries’ stays in hospitals, hospice sites and skilled nursing facilities for the next 12 years. But what then? 

May 7, 2024
Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

Woman who falsely claimed to be a registered tech now owes ARRT over $50,000

In December 2022, the registry filed a trademark infringement lawsuit against Lemesha Cannon, accusing her of knowingly and intentionally misusing trademarks to obtain employment. 

May 7, 2024