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.

Boston Scientific beats quarterly revenue projections, increases guidance for full year

For the third quarter of 2016, Boston Scientific’s revenue increased 11 percent to $2.11 billion compared with the same period last year. The company announced in an Oct. 26 news release that it beat its guidance, which was $2.04 billion to $2.09 billion.

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CMS has higher penalties for readmissions than for deaths

If the Centers for Medicare & Medicaid Services (CMS) weighted 30-day readmissions and mortality equally, financial penalties in 2014 for U.S. hospitals would have substantially changed, according to an analysis of publicly available hospital data.

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Aggressive blood pressure target may make financial sense for high-risk patients

A recent analysis of that study suggests that intensive blood pressure management may be cost-effective for adults who are at least 50 years old, have hypertension but do not have diabetes and are at high risk for cardiovascular disease.

Cardiologist sues psychiatrist, seeks $27 million in damages

A cardiologist in Florida has filed a lawsuit against a psychiatrist who performed electroconvulsive therapy while treating him for depression, Courtroom View Network reports.

Abbott: Revenue increased in 3rd quarter for coronary devices, endovascular products

For the third quarter of 2016, Abbott’s sales increased 2.9 percent to $5.3 billion compared with the same time period last year. The company also posted a $0.24 loss in diluted earnings per share, which it said was primarily due to a $0.66 per share adjustment related to its investment in Mylan.

St. Jude Medical criticizes release of videos alleging its cardiac devices are vulnerable to hacking

Shortly after a research firm posted videos Oct. 19 that allegedly showed cybersecurity vulnerabilities with St. Jude Medical’s cardiac devices, the company issued a statement criticizing the release of the videos.

Cryoballoon catheter ablation saves money, leads to fewer rehospitalizations

Patients with atrial fibrillation who received cryoballoon catheter ablation had lower healthcare costs and fewer rehospitalizations and repeat ablations compared with those who received radiofrequency ablation, according to a health economic analysis.

Medtronic, Boston Scientific, other device makers support Minnesota congressman

Medical device makers are supporting Minnesota Congressman Erik Paulsen in his bid for re-election, STAT reports.

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.