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Healthcare Economics & Policy

 

How to Help Your Practice Make Objective, Informed Decisions on a Tight Budget  

Two presentations at the American Heart Association’s scientific sessions in Anaheim, California, highlighted ways in which the Affordable Care Act (ACA) has changed the healthcare experience for patients—one good, one not so good.

More than three-fourths of patients without health insurance who were hospitalized for heart attack, stroke or coronary artery bypass graft (CABG) surgery incurred catastrophic healthcare expenses before the passage of the Affordable Care Act (ACA), according to research presented Nov. 13 and 14 at the American Heart Association’s scientific sessions in Anaheim, California.

A program that financially penalizes hospitals for excess readmissions for heart failure may have an unintended consequence: higher rates of 30-day and one-year mortality in those patients.

With the exception of a handful of major organs, a recent poll of 63 Lancaster, England, residents yielded one clear result: The global public suffers from a lack of knowledge of basic human anatomy—a phenomenon that could compromise future healthcare efforts and the efficacy of clinical systems.

 

Recent Headlines

Jury awards ex-Cardiovascular Systems employee $25.1 million in whistleblower lawsuit

A jury in Los Angeles this week awarded former Cardiovascular Systems sales manager Steven Babyak more than $25 million in damages related to a whistleblower and wrongful termination lawsuit he filed against the company.

MyoKardia appoints physician, executive David Meeker to board of directors

MyoKardia named pharmaceutical executive and physician David Meeker, MD, to its board of directors on April 18.

Adults with syncope may have increased risk of occupational accidents, job termination

Adults in Denmark who were diagnosed with a first-time syncope had a 1.4-fold higher risk of occupational accidents and a two-fold higher risk of getting terminated from their job within two years when compared to the general employed population, according to a nationwide cohort study.

Deerfield Management provides Endologix with up to $170 million in funding

Deerfield Management agreed to provide Endologix, Inc. with up to $170 million in funding, including a $120 million, six-year secured term loan and a $50 million, three-year secured asset-based revolving line of credit.

FDA sends warning letter to Abbott regarding issues at California facility

The U.S. Food and Drug Administration (FDA) sent a warning letter to Abbott on April 12 alerting the company of violations at its manufacturing facility in Sylmar, California.

Trends in U.S. malpractice claims significantly change from 1992 to 2014

Between 1992 and 2014, the rate of malpractice claims paid on behalf of U.S. physicians declined 55.7 percent, while the mean compensation payment increased 23.3 percent.

Terumo Cardiovascular names Robert DeRyke as CEO, president

Terumo Cardiovascular Group in Ann Arbor, Michigan, promoted Robert DeRyke to become the company’s CEO and president.

Veterans with heart disease, depression have trouble affording healthcare

New research from a veteran-focused healthcare provider shows that U.S. veterans suffering from heart disease and depression are more likely to struggle receiving regular healthcare access and paying bills compared to those that don’t face mental health challenges. 

Espero Pharmaceuticals, Armetheon plan to merge, focus on cardiovascular medications

Espero Pharmaceuticals and Armetheon announced on March 30 that they planned on merging to form a company focused on developing cardiovascular medications. Both companies are privately held.

Abiomed celebrates $40 million expansion to Massachusetts headquarters

During a ceremony on March 30, Massachusetts Governor Charlie Baker and others celebrated the grand opening of Abiomed’s expanded headquarters in Danvers, Massachusetts.

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