Practice Management

Practice management involves overseeing all business aspects of a medical practice including financials, human resources, information technology, compliance, marketing and operations.

The rate of radiology reading errors has not changed in 75 years, despite technology advances, explains Michael Bruno, MD, Penn State Hershey Medical Center, who outlines the reasons why.

Error rates in radiology have not changed in 75 years

Radiology report reading errors are as prevalent as ever. Michael Bruno, MD, of Penn State Hershey Medical Center says it's time for that to change.

February 13, 2024
Video of Geraldine McGinty, MD, MBA, Senior Associate Dean for Clinical Affairs, Professor of Clinical Radiology and Population Health Sciences, Weill Cornell Medicine, offering tips to retain radiologists. #greatresignation #ACR #RSNA #radiology

Improving recruitment and retention in radiology

Geraldine McGinty, MD, Weill Cornell Medicine, explains how practices can retain radiologists during the Great Resignation in healthcare.

January 5, 2024
Richard Duszak RSNA 2023

Surviving the radiologist shortage: Experts discuss private equity and other options at RSNA 2023

“Rural healthcare delivery is in trouble and private equity may have a role in supporting it," a Rad Partners leader told attendees. 

November 27, 2023
Jesse M. Ehrenfeld

The physician shortage is here: AMA implores Congress to address ‘urgent crisis’

“Physicians everywhere—across every state and specialty—continue to carry tremendous burdens that have us frustrated, burned out, abandoning hope," said AMA President Jesse Ehrenfeld. 

October 25, 2023
Video of Natalie Edgworth at Providence Health System explaining how AI is used to optimizing staffing schedules. #HIMSS

AI takes on hospital staffing to help battle burnout

Specialists with Providence Health System developed a new artificial intelligence algorithm to help make staffing schedules more flexible and predict patient volumes.

September 25, 2023

CMS announces coverage decision for new Alzheimer's drugs

The agency indicated that, in order for such drugs to be covered, patients with Medicare Part B must be enrolled in registries that collect real-world data on the treatment’s effectiveness. 

June 1, 2023
Telehealth can provide significant value when it comes to managing and monitoring patients with CVD or suspected CVD. A new scientific statement from the American Heart Association explores the latest details on this evolving treatment option. 

The best and worst states to practice medicine

Malpractice premiums appear to play a significant role in the rankings. Even states with ample job opportunities and low-to-moderate cost of living were ranked poorly due to their high malpractice premiums.

May 19, 2023
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

1 in 3 cardiologists have been sued, though they often win when it happens

Overall, 31.2% of U.S. physicians say they have been sued. When looking at only cardiologists, the percentage is slightly higher.

May 10, 2023

Around the web

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties. 

CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open. 

The rumors, it seems, were true. Once the deal is finalized, Shockwave Medical will operate as a business unit within Johnson & Johnson MedTech.

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