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.

Money

Amid ‘ever-escalating’ costs in cancer care, experts say its ‘imperative’ radiology screens for financial toxicity

Despite this dire need, there is wide variability in such processes, including the timing, setting, tools utilized and interpretation of the results, according to new research. 

May 17, 2024
money dollar benjamin cash finance graph chart deal dollar

Private equity dealmaking in healthcare stalls amid persistent bid-ask gap, negative regulatory environment

PE sponsors announced or closed about 158 transactions in the first quarter (including five in imaging), a “downward trend even from 2023’s sluggish pace,” Pitchbook reports.  

May 17, 2024
The Anesthesia Patient Safety Foundation (APSF), a related organization of the American Society of Anesthesiologists (ASA), this week released a statement on the criminalization of medical errors. The APSF said criminal prosecution is unjust and counterproductive is healthcare organizations want to find ways to mitigate errors by understanding how they happen and create protocols or IT systems can can help prevent future errors. The criminal trial of nurse RaDonda Vaught was counterproductive to safety.

Prior authorization a ‘major contributor’ to radiologists’ mounting administrative burdens, ACR tells Congress

Amid specialist shortages and imaging backlogs, members of the U.S. Senate are seeking ways to ease the stress endured by physicians.

May 17, 2024
healthcare workforce occupational shift

Newly created radiology residency program receives 750 applications for 7 slots

St. Luke's University Health Network recently launched its region's only accredited radiology residency program in response to booming demand for imaging. 

May 17, 2024
Kidney

Biopsy before ablation has no cost advantage over both-at-once approach

Established guidelines recommend biopsying small tumors of the kidney ahead of any procedure to ablate them. A new study confirms the validity of pursuing another pathway.

May 17, 2024

Radvocates applaud bipartisan bill that would end decade-long decline in Medicare reimbursement

The Radiation Oncology Case Rate Value-Based Program Act of 2024 would build on the shelved RO Model and save the federal payment program $200M. 

May 16, 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

Radiation therapy centers sold out of private equity-backed provider’s bankruptcy estate for nearly $3M

American Shared Hospital Services is acquiring a 60% stake and expects the facilities to generate upward of $10 million in annual revenue. 

May 16, 2024
doctor in handcuffs after being arrested

Judge sentences physician to 1 year in prison for kickback scheme involving unnecessary brain scans

Donald Salzberg, MD, of Avon, Connecticut, also must pay $1.34 million in restitution to Medicare, Medicaid and private insurers. 

May 15, 2024

Around the web

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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