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.

Siemens examines options for separation of $15 billion healthcare division

Siemens CFO Ralf Thomas expressed the company's continued interest in splitting off Siemens Healthineers, its healthcare division. He said Siemens is exploring three potential paths: a spinoff, an initial public offering or a reverse merger with a public company. 

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Amgen, Harvard Pilgrim sign outcomes-based refund contract for cardiovascular medication

Harvard Pilgrim Health Care signed an outcomes-based refund contract with Amgen pertaining to evolocumab (Repatha), the company’s cholesterol-lowering medication.

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75% of cardiologists received industry-related payments in 2015

An analysis of Open Payments reports found that 74.9 percent of cardiologists in the U.S. received industry-related payments in 2015, representing the highest proportion within physician specialties.

Favorable middle-age cardiovascular health reduces costs, improves long-term outcomes

Adults who had favorable cardiovascular health in early middle age lived an average of 3.9 years longer, survived 4.5 years longer before developing a chronic illness and saved nearly $18,000 in Medicare costs compared with those with two or more risk factors at middle age, according to a longitudinal cohort study.

Boston Scientific posts revenue, earnings growth in 1Q

During the first quarter of 2017, Boston Scientific’s sales increased 10 percent to $2.16 billion compared with the same time period last year. The company also reported GAAP earnings of $0.21 per share, up from $0.15 per share in the first quarter of 2016.

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Partners HealthCare System settles for $10 million to resolve fraud allegations

The Partners HealthCare System and Brigham and Women’s Hospital agreed to pay $10 million to resolve allegations that the hospital’s stem cell research laboratory fraudulently obtained grant funding.

CardioNet agrees to $2.5 million fine, corrective action plan to settle HIPAA allegations

CardioNet agreed to pay $2.5 million and implement a corrective action plan to settle allegations of noncompliance with HIPAA privacy and security rules.

Jury awards ex-Cardiovascular Systems employee $25.1 million in whistleblower lawsuit

A jury in Los Angeles this week awarded former Cardiovascular Systems sales manager Steven Babyak more than $25 million in damages related to a whistleblower and wrongful termination lawsuit he filed against the company.

Around the web

Ron Blankstein, MD, professor of radiology, Harvard Medical School, explains the use of artificial intelligence to detect heart disease in non-cardiac CT exams.

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.