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.

Nigeria

Cardiologist abducted in Nigeria

The Nigerian Medical Association responded to the news by going on strike, hoping this action will urge the perpetrators to release Vincent Uhegbu Maduka.

December 11, 2020

Medicare cuts expected to limit access for stroke and aneurysm patients, could cause some practices to close

Specialists also believe that private insurers will follow Medicare's example and reduce their own reimbursement rates.

December 4, 2020
Cheryl Pergus AHA

Cardiologist hired for executive vice president role at Walmart

Cheryl Pegus, MD, is a veteran cardiologist with prior experience at such companies as Aetna, Pfizer and Cambia Health Solutions.

December 4, 2020
Congress dome capitol Washington

Cardiologists, other healthcare providers speak out against ‘detrimental’ cuts included in MPFS final rule

A large coalition, including several cardiology groups, is asking Congress to pass legislation that would help protect healthcare providers from the final rule's "arbitrary" Medicare cuts. 

December 2, 2020
According to calculations comparing catheter ablation with drug therapy, the additional quality-adjusted life-years that can result from the treatment justify its increased costs. 

68% of insured adults have received surprise medical bills—and many can’t afford to pay them

In addition, 49% of U.S. adults said the fear of unexpected bills keeps them from seeking care. 

November 30, 2020
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CMS announces major Stark Law updates designed to help cardiologists, other providers work together

CMS has been considering such changes for years, hoping to reduce paperwork and encourage collaboration. 

November 23, 2020
insurance payer payment insurer

Top nuclear imaging group ‘strongly disagrees’ with Humana’s decision to refuse coverage for PET/CT

The Society of Nuclear Medicine and Molecular Imaging said the move denies patients access to potentially lifesaving technologies.

November 12, 2020

Delaware cardiology practice to pay $500K to resolve fraud allegations

The alleged wrongdoings, reported by a whistleblower, occurred from April 2014 to March 2020.

November 12, 2020

Around the web

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

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."

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