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.

Waiting for Closure: Left Atrial Appendage Occlusion & Reimbursement Policy

Months after the U.S. FDA approved a device with the potential to close the source of many atrial fibrillation-related strokes, hospitals, cardiologists and patients find themselves in a holding pattern increasingly common for newly emerging therapies: They are waiting for the CMS to issue a national coverage determination for LAA occlusion.

January 13, 2016
Movement toward same-day discharge for transcatheter aortic valve replacement (TAVR) patients to reduce healthcare costs.

Same-day discharge for TAVR marks new procedural milestone

One morning last year, a patient checked into a hospital in Canada as the first TAVR case of the day, and they were discharge by that evening. It was an eyebrow-raising feat for a procedure that typically requires several days of hospitalization.

January 12, 2016

Medtronic updates guidance and announces capital allocation plans

Medtronic announced on Jan. 11 that it will return $5 billion to shareholders through share repurchases by the end of fiscal year 2018.

January 11, 2016

University of Oxford spinout raises money to develop brain aneurysm device

Oxford Endovascular, a medical device company spinout from the University of Oxford in England, has raised £2m (approximately $2.9 million) to develop a small metallic mesh tube to treat intracranial aneurysms.

January 6, 2016
Tim Casey

Watchman device may be cost-effective, but more research is needed

A recent study suggests the Watchman may save money and be more cost-effective than novel oral anticoagulants in the long-run.

December 23, 2015

Ohio cardiologist is sentenced to 20 years for overbilling

Harold Persaud, MD, a cardiologist from Ohio, was sentenced to 20 years in prison on Dec. 18 for overbilling Medicare and private insurance companies by $29 million between 2006 and 2012. The Department of Justice announced the sentence on Dec. 18.

December 21, 2015
The Boston Scientific Watchman device is a transcatheter device implanted in the left atrial appendage (LAA) to seal it off so atrial fibrillation patients can got off of anticoagulant therapy.

Model finds Watchman device is more cost-effective than warfarin and oral anticoagulants

A model found that treatment with novel oral anticoagulants or the Watchman device were more cost-effective than warfarin to reduce the lifetime stroke risk of patients with nonvalvular atrial fibrillation.

December 18, 2015

Medtronic increases cash dividend for the third quarter of fiscal year 2016

Medtronic announced on Dec. 11 that it would pay a cash dividend of $0.38 per ordinary share for the third quarter of fiscal year 2016.

December 14, 2015

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."

Trimed Popup
Trimed Popup