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.

Press Ganey Acquires National Database of Nursing Quality Indicators (NDNQI®)

June 10, 2014, Boston, Massachusetts – Press Ganey today announced the acquisition of the National Database of Nursing Quality Indicators (NDNQI®), the leading quality improvement and nurse engagement tool developed by the American Nurses Association (ANA) and managed by The University of Kansas School of Nursing. The acquisition strengthens Press Ganey’s ability to empower nurses and nursing leaders in their mission to reduce patient suffering and improve the patient experience.

June 11, 2014

Humana Once Again Named Top Payer in athenahealth® PayerView® Rankings

LOUISVILLE, Ky.--For the second year in a row, Humana Inc. (NYSE: HUM) was ranked as the number one company for its ease of doing business with providers. Humana ranked number one in overall performance among 148 U.S. health insurers based on a review of 2013 claims-payment data conducted by athenahealth, Inc. (NASDAQ: ATHN).

June 4, 2014

MedCPU Closes $9.3 Million in Series B Funding to Expand Clinical Decision Support Solutions for Healthcare Providers

NEW YORK--MedCPU, Inc., a leader in enterprise clinical decision support solutions, announced today the close of a $9.3 Million Series B funding round that will provide the company with capital to maximize its growth opportunities in the expanding market for clinical decision support solutions for healthcare providers. Investors in the B round of financing include Merck Global Health Innovation Fund, Easton Capital Investment Group and New Richmond Ventures.

May 28, 2014

FIGMD, Inc. Announces Launch of Clinical Data Registry Platform on Google Glass

CHICAGO--FIGMD, Inc. is excited to announce the launch of its Clinical Data Registry Platform on Google Glass. A first in the health care quality measurement space, FIGMD’s innovative approach enables Doctors and other health care providers across the country to leverage the power data at the point of care.

May 12, 2014

Quintiles Announces Agreement to Acquire Encore Health Resources

RESEARCH TRIANGLE PARK, N.C.-- As part of its continued efforts to strengthen and expand its service capabilities across the healthcare continuum, Quintiles today announced that it has signed an agreement to acquire Encore Health Resources (Encore). Encore is a leader in the health-information analytics and technology services industry focused on healthcare providers. Through its consulting services and solutions, Encore assists customers with a wide range of strategy, advisory, implementation, process-redesign, optimization, analytics and performance-improvement initiatives.

May 12, 2014

UNC interventional radiology gets “lean,” slashes overtime hours

A “lean” system improvement analysis conducted by interventional radiologists at the University of North Carolina (UNC) School of Medicine in Chapel Hill was able to help streamline workflow and cut technologist and nurse overtime hours by 20 percent and 57 percent, respectively.

April 7, 2014

Moody’s Predicts Two-Midnight Rule Will Pressure Hospital Finances

Hospital operators feeling the pinch from reduced inpatient volumes due to the Centers for Medicare & Medicaid Services’ new regulations to better define when a short-term stay should count as an inpatient stay are certainly not alone. According to financial analysts at the prestigious Moody's Investors Service,  the new inpatient billing rule referred to as the “two-midnight rule” will put financial pressure on hospitals for some time to come.

March 14, 2014

Catalyst for Payment Reform Executive Director Breaks Down Pay-for-Performance

In a continuing Health Affairs series, Catalyst for Payment Reform Executive Director Suzanne Delbanco digs into the evidence for Pay-for-Performance (often called P4P) as a payment system that may potentially reduce overall health care costs.According to Delbanco, pay-for-performance may indeed be useful in shifting providers toward new payment systems because it only has an upside. You get a bonus if you improve certain quality measures and you earn the same if you don't.However, she warns that the lack of financial risk in P4P may limit its usefulness. Research also has not shown that it can lower costs, a key purpose of new payment systems. Finally, it may encourage physicians to focus on a narrow band of measurable quality measures to the detriment of the overall quality of the care the patient receives.Delbanco theorizes that the true value of P4P may be as a stepping stone to shared-risk arrangements with payors.

March 6, 2014

Around the web

This week Washington took a major step toward nailing down a solid game plan on federal AI spending for everything outside of defense.

The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.

The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible. 

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