According to the Food and Drug Administration, a medical device is "an instrument, apparatus, implement, machine, contrivance, implant, in vitro reagent, or other similar or related article, including a component part, or accessory which is:
Read MoreThriving in medical practice means practicing Othercare. One element is to be sensitive to rapid change in the environment and adapt. Price Waterhouse has saved you trouble and outline the future. Here are some ways to respond:
Read MoreAnyone with a pulse knows that the pace of change in U.S. healthcare has rapidly accelerated. As a result, the level of competition has increased the industry's "clock speed." As reported in a recent edition of Strategy+Business, the term clock speed refers to the pace of business evolution within industries. Charles Fine at MIT noted that industries with faster clock speeds, such as computers, electronics and entertainment, had higher levels of market experimentation, more competition and increasingly frequent waves of innovation.
Read MorePhysician engagement is essential to the success of an organization. Providers’ indifference towards a network is one of the most critical barriers that prevents organizations from reaching their goals. Hospital-owned practices should perform just as well as private practices. In order to improve physician engagement, organizations need to connect with physicians on their own terms.
Read MoreThe former CFO of a Long Beach hospital in California, two orthopedic surgeons and two others have been charged in relation to a $600 million fraudulent billings scheme involving illegal referrals of thousands of patients for spinal surgeries.
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