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.

Mean price of insulin increases nearly 200% from 2002 to 2013

From 2002 to 2013, the mean price of insulin increased 197 percent, from $4.34 per milliliter to $12.92 per milliliter, according to a survey of more than 27,000 people treated for diabetes.

April 14, 2016

CMS proposes ban on Theranos founder and president

The Centers for Medicare and Medicaid Services (CMS) have proposed banning Theranos founder Elizabeth Holmes and president Sunny Balwani from owning or running a blood-testing lab for at least two years.

April 14, 2016

Medtronic releases statement defending Covidien deal in wake of proposed tax regulations

After the U.S. Department of Treasury issued temporary and proposed regulations on tax inversions and other related topics, Medtronic announced in a news release on April 6 that the regulations “do not have a material financial impact on any transaction undertaken by the company.”

April 7, 2016

Medtronic announces cash tender offer for up to $2.75 billion in outstanding debt

Medtronic announced a cash tender offer on March 31 for up to $2.75 billion in aggregate purchase price for outstanding debt issued by Medtronic, Inc. and Covidien International Finance S.A., two of the company’s wholly-owned subsidiaries.

March 31, 2016

Edwards Lifesciences announces new member to its board of directors

Edwards Lifesciences Corp. announced that Steven R. Loranger had been appointed to its board of directors.

March 24, 2016

Report: Global market for peripheral vascular interventions will reach $3.4B by 2022

By 2022, the global market for lower extremity stents, percutaneous transluminal angioplasty (PTA) balloons, PTA drug-eluting balloons, carotid stents, renal stents and other peripheral vascular interventions will increase to $3.4 billion, up from $2.1 billion last year.

March 15, 2016

Florida businessman sentenced to 14 years in jail for healthcare fraud and money laundering

A Florida businessman was sentenced to more than 14 years in prison for his role in a healthcare fraud and money laundering scheme, according to a Department of Justice (DOJ) news release.

March 10, 2016

Subsidies on healthy eats, taxes on sugary drinks may lead to better cardiovascular outcomes

A microsimulation cardiovascular disease risk prediction model found that a 10 percent subsidy on the price of fruits and vegetables would lead to reductions in cardiovascular disease deaths, non-fatal MI and non-fatal stroke. 

March 2, 2016

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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