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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Cardiovascular Systems posts net loss in fourth quarter of fiscal year 2016

For the fourth quarter of fiscal year 2016, Cardiovascular Systems posted a net loss of $4.9 million and $48.4 million in revenue, nearly identical to the same period last year.

Corindus hires J. Aaron Grantham as chief medical officer

Corindus Vascular Robotics announced August 3 that it had hired J. Aaron Grantham, MD, as its chief medical officer.

DOJ investigates Alere, calling Abbott deal into question

The U.S. Department of Justice (DOJ) sent a subpoena to Alere in July seeking records related to patient samples tested at the company’s pain management laboratory in Austin, Texas, in 2010.

Increased adoption of Impella heart pumps helps raise Abiomed’s quarterly revenue

Led by increased adoption of its Impella heart pumps, Abiomed reported a 40 percent growth in sales to $103 million during the first quarter of fiscal year 2017. The company’s GAAP earnings also rose from $0.20 per diluted share to $0.29 per diluted share.

Boston Scientific posts sales increase in 2nd quarter, raises revenue guidance

During the second quarter of 2016, Boston Scientific reported sales of $2.13 billion, a 15 percent increase compared with the same period last year.

ACC, AHA comment on proposed bundled payments for cardiac care

The American College of Cardiology (ACC) and American Heart Association (AHA) released statements this week after the federal government revealed proposals on bundled payments for cardiac care.

Bristol-Myers Squibb settles whistleblower lawsuit for $30 million

Bristol-Myers Squibb agreed to pay $30 million to the California Department of Insurance to settle allegations the company engaged in marketing fraud and paid kickbacks to physicians.

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CMS star ratings debut with promise for continued updates

After several months of buildup, the CMS Hospital Compare website began to offer overall hospital star ratings July 27. According to the agency, the system is meant to offer patients a way to quickly and uniformly compare potential hospitals.

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Around the web

Health Imaging
Use of AI opportunistic screening in CT for cardiovascular disease

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

Health Imaging
New imaging protocols proposed to curb rise of cardiovascular infections

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