Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

What happened to cardiology's private practices?
Hospital employment models, reimbursement policies and private equity have all led to a massive reduction in the number of cardiologists working for a private practice, ACC President Cathie Biga, MSN, told Cardiovascular Business.
Private equity-backed cardiology group acquires Arizona practice with 4 locations
Florida-based Cardiovascular Associates of America has expanded its roster to include a team of 14 cardiologists and advanced practitioners in Arizona.
‘Concerning’ data connect industry payments to cardiologists with medical device use
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?
Medicare reimbursement down 29% for cardiologists, 58% for heart surgeons
Physician payments are down slightly across the board, but they've fallen significantly for a handful of specialties. Researchers examined the long-term impact this trend could have on patient care.
Cardiologists, thoracic surgeons applaud FTC’s ban of most noncompete clauses
The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”

The Society for Cardiovascular Angiography and Interventions (SCAI), American College of Cardiology (ACC) and Heart Rhythm Society (HRS) have asked the U.S. Centers for Medicare and Medicaid Services (CMS) to clarify a key detail related to the national coverage determination (NCD) for percutaneous left atrial appendage closure (LAAC).

Interventional cardiologists, electrophysiologists ask CMS to clarify policy after unexpected denials

Three cardiology societies have reached out to CMS with questions about how MACs are interpreting a policy related to shared decision-making.

July 6, 2023

cardiologist patient heart compensation starting salary 2022 interventional cardiologist

Cardiologists earn the highest annual salary in 2 states

According to new data out of the U.S. Department of Labor, physicians have the highest-paying jobs in a majority of states. Cardiologists specifically rank No. 1 in two different states.

June 28, 2023

Cardiology group faces class-action lawsuit after cyberattack exposed patients’ personal data

Patients learned that their names, social security numbers, banking numbers and credit card information were all potentially exposed as a result of the attack.

June 27, 2023

Colchicine Lodoco Agepha Pharma price cost cardiovascular disease CVD

What will Lodoco cost? Looking ahead after FDA’s historic approval of colchicine for CVD

“Our pricing strategy for Lodoco is focused on helping to ensure access to as many people as possible,” an executive with Agepha Pharma told Cardiovascular Business.

June 27, 2023

Abbott awards $2.6M to American Diabetes Association for CGM research

The three-year grant will help the ADA fund two pilot programs and engage with healthcare professionals and other industry leaders.

June 26, 2023

Private equity-backed cardiology group continues busy year with acquisition of Florida practice

Cardiovascular Associates of America, which has already had an eventful 2023, announced a new acquisition that helps expand its footprint in the Sunshine State.

June 22, 2023

Cardiologist agrees to pay $5M for overstating heart findings to justify unnecessary procedures

The North Carolina physician allegedly performed unnecessary atherectomy procedures to treat minor blockages in the leg arteries of multiple patients.

June 15, 2023

Private equity-backed cardiology group acquires ‘world-class' practice with team of 23 cardiologists

This latest acquisition continues what has been a busy year for Cardiovascular Associates of America.

June 12, 2023

Around the web

Health Imaging

New imaging protocols proposed to curb rise of cardiovascular infections

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.

Radiology Business

What does radiology have to do with climate change?

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

Economics

What happened to cardiology's private practices?

Private equity-backed cardiology group acquires Arizona practice with 4 locations

‘Concerning’ data connect industry payments to cardiologists with medical device use

Medicare reimbursement down 29% for cardiologists, 58% for heart surgeons

Cardiologists, thoracic surgeons applaud FTC’s ban of most noncompete clauses

Around the web