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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Jury awards record $16.7M in lung cancer lawsuit

In what is believed to be Massachusetts’s largest medical malpractice award this year, a Boston jury awarded $16.7 million to the daughter of a Boston woman whose lung cancer was missed on a chest x-ray.

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Foundation Radiology raises $2.5M

Pittsburgh-based Foundation Radiology raised $2.5 million from investors, reports the Pittsburgh Business Times.

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EFT and the devil in the fine print

Shortly after the new business rules governing electronic funds transfer (EFT) transactions went into effect on January 1, Robert Tennant, MGMA senior policy advisor, began to ask for a show of hands when he spoke to physician groups to get a sense of how many physicians were receiving EFT payment via virtual credit card.

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New Market Needs; New Alignment Models

IRP

At the most recent meeting of the Radiology Business Management Association in Charlotte, a new model for independent group practice collaboration was proposed to practices around the country. The model allows independent practices to succeed and is an alternative to the traditional radiology group alignment models of merger, acquisition, or outright takeover by a hospital or a private equity group. These collaborations can take different forms, but they share the same underlying goals: gaining the necessary resources to fulfill the needs of their primary clients—hospitals, payors and patients—inclusive of delivering meaningful information and decision support.

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Allying and Aligning through Analytics: NJ Radiology Groups Launch Partnership

IRP

Radiology practices have long sought a solution to the consolidation occurring in their marketplaces, as well as the commoditization happening in their midst. The fundamental problem is delivering ever-higher levels of service and quality with diminished resources.

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Free lunch in the ED

The team from the Harvey L. Neiman Health Policy Institute, led by radiologist Richard Duszak, Jr., MD, made an interesting inquiry into the quantity and nature of uncompensated imaging studies provided to emergency department (ED) patients, the results of which are published in the June issue of the Journal of the American College of Radiology.

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More than 28% of ED reads go uncompensated

More than 28 percent of services rendered by radiologists to emergency department (ED) patients were uncompensated to the tune of a mean $2,584 per month per radiologist, according to a study published in the Journal of the American College of Radiology.

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AHRA 2014 Annual Meeting

August 10-13, 2014Washington, DC

Around the web

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.