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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Hospital finance

‘We can do better’: Practices leaving money on the table, 2023 RBMA Accounts Receivable Survey shows

"To be brutally honest, even some of the 75th percentile numbers aren’t that great," Kyle Tucker, a member of RBMA’s Data Committee, told Radiology Business. 

Everlight Radiology CEO Rob Anderson

Private equity-backed global teleradiology outfit opens ‘state of the art’ new reporting hub

Midmarket private equity firm Livingbridge acquired Everlight Radiology in 2021 for more than $335 million and hopes to fuel growth with the new facility.

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Radiology provider Envision Healthcare officially files for bankruptcy, hoping to cancel $5.6B in debt

The private equity-backed multispecialty group said that it has voluntarily entered into an agreement to restructure 60% of its obligations. 

Natural language processing helps increase follow-up imaging adherence, resulting in significant revenue

A new paper details how a team at the University of California utilized a hybrid system consisting of a quality coordinator and NLP software to bring in more than $60,000 in additional revenue from follow-up imaging alone.

brain money alzheimer dementia

Alzheimer’s drug could spur upward of $500M in new Medicare spending on imaging

Lecanemab requires a baseline PET scan and follow-up MRIs after infusions, spelling heavy demand for radiology services, experts wrote in JAMA. 

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Envision bankruptcy could be 1st canary in the physician services coal mine, MD writer contends

The private equity-backed multispecialty group's failure could have "significant ripple effects" on radiology and other specialties, N. Adam Brown, MD, MBA, wrote recently. 

Philips Headquarters

Philips will pay $62M to settle allegations of corruption

The accusations pertain to the Amsterdam-based corporation’s sales of diagnostic imaging equipment in China, the SEC announced May 11. 

Radiologists rapidly launch inpatient IR consult service that’s generating tens of thousands in new revenue

Between 2020-2021 (and amid the pandemic), interventional consult volumes climbed 13%, while consult-specific payments leapt by 84%, experts detailed.  

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Around the web

Health Imaging
MRI projectile incident likely to result in a 'seven-figure sum' repair bill for hospital

News of an incident is a stark reminder that healthcare workers and patients aren’t the only ones who need to be aware around MRI suites.

Health Imaging
American College of Radiology announces significant expansion of Lung Cancer Screening Registry

The ACR hopes these changes, including the addition of diagnostic performance feedback, will help reduce the number of patients with incidental nodules lost to follow-up each year.

Health Imaging
AI reduces CT lung cancer screening workload by nearly 80%

And it can do so with almost 100% accuracy as a first reader, according to a new large-scale analysis.