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.

Stryker agrees to acquire Physio-Control for $1.28 billion

Stryker Corporation agreed to buy Physio-Control International on Feb. 16 for $1.28 billion in an all-cash deal.

HIMSS reports on 2016’s ‘growth technologies’

Healthcare Information and Management Systems Society (HIMSS) Analytics has published a report on some of the technologies shaping hospitals’ purchase plans in 2016.

Edwards Lifesciences agrees to repurchase $325 million of its common stock

Edwards Lifesciences announced on Feb. 4 that it had agreed to repurchase $325 million of its common stock from Morgan Stanley & Co. Edwards is funding the accelerated share repurchase using available cash, according to a news release.

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Boston Scientific’s revenue and earnings per share increase in Q4

For the fourth quarter of 2015, Boston Scientific’s sales hit $1.978 billion, representing a 10 percent jump in operational revenue compared with the same time period the previous year, while its adjusted earnings per share increased from $0.22 to $0.26.

Merit Medical acquires vascular access system for $18.5 million

Merit Medical Systems announced this week that it has purchased the HeRO Graft vascular access system and its related assets from CryoLife for $18.5 million. 

Endologix, Inc. and TriVascular Technologies, Inc. Complete Merger

Endologix Treats 5,000 AAA Patients with Nellix® Endovascular Aneurysm Sealing System.

Medtronic acquires privately held company to expand renal care business

Medtronic acquired Bellco on Feb. 1 to expand its recently formed renal care solutions business. Terms of the deal were not announced.

Sales of MitraClip device increase in Q4

For the fourth quarter of 2015, Abbott’s worldwide medical device sales increased 0.7 percent on an operational basis, while its vascular products revenue decreased 0.5 percent.

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.