Practice Management

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

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
Tablet projecting metaphorical medical hologram

AI model identifies radiologist-recommended follow-up imaging in reports, has potential for widespread use

New data published in the American Journal of Roentgenology details the performance of a deep learning model known as BERT, short for Bidirectional Encoder Representations from Transformers.

April 19, 2023
Society for Cardiovascular Angiography and Interventions (SCAI) is asking its interventional cardiologist members to take action to prevent further cuts in Medicare payments in 2024 by contacting their Congressmen. There were substantial cuts in Centers for Medicare and Medicaid Services (CMS) payments to physicians in 2023 further cuts each year can only be prevented if Congress changes the laws for how CMS pays physicians.

SCAI blasts Medicare payment cuts to cardiology, asks members to take action

The group hopes its members can increase congressional support of a new bill introduced in the House. 

April 12, 2023
Brain imaging artificial intelligence is a primary area of concentration for AI because oif the critical nature of fast detection and treatment for patients. This is an example of the AI applications displayed by third-party advanced visualization vendor TeraRecon at RSNA 2022.

What is the ROI on AI adoption in radiology?

Radiology makes up the vast majority of FDA-cleared AI algorithms, but with minimal or no reimbursement, hospital administrators may ask whether AI’s value justifies its expense.

April 6, 2023
ACC Vice President Cathie Biga explains issues with cardiology reimbursements at ACC23. #ACC #ACC23

Reimbursement challenges raising concerns in cardiology

Cathie Biga, vice president of the American College of Cardiology, spoke to Cardiovascular Business at ACC.23 about challenges in the world of cardiology reimbursements. "As that healthcare dollar goes up, it is not going to the physicians," she said.

March 21, 2023
Tim Attebery, DSc, MBA, the CEO of Cardiovascular Associates of America and former CEO of the American College of Cardiology (ACC)

Q&A: Tim Attebery on why private equity-backed management companies are investing in cardiology

The CEO of Cardiovascular Associates of America, and former CEO of the American College of Cardiology, shared his perspective on the rise of private equity investments in cardiology. 

February 22, 2023

Veterans Affairs receives $1.8B to move forward with Oracle-Cerner’s EHR rollout

The VA and Oracle-Cerner expect to move forward with new rollouts of its EHR system in June 2023. 

January 4, 2023

VIDEO: The need to develop the cardiology workforce

ACC President Edward T.A. Fry, MD, explains the need to better develop the cardiology workforce as the subspecialty faces a looming shortage of cardiologists. 

December 21, 2022

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

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