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.

CMS will no longer cut reimbursement for Impella heart pumps

CMS this month announced that, after continued analysis of Abiomed’s Impella RP system, it will no longer be cutting its reimbursement rate for the heart pump in October.

August 14, 2019

Oregon officials push ‘Stop the Bleed’ training in wake of mass shootings

Volunteers in Bend, Ore., are advocating for more widespread “Stop the Bleed” training after back-to-back mass shootings earlier this month left 31 dead, local paper the Bulletin reported August 11.

August 12, 2019
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Siemens Healthineers acquires Corindus for $1.1B in cash

Corindus Vascular Robotics on August 8 announced it had entered a definitive merger agreement with Siemens Healthineers, which will reportedly acquire Corindus for a price of $1.1 billion.

August 8, 2019

Cardiologists sue CBS for defamation, negligence

A court case from half a decade ago reemerged this month after Kentucky-based cardiologists Satyabrata Chatterjee and Ashwini Anand filed a lawsuit against CBS, which featured their case in an August 2018 episode of “Whistleblower."

August 6, 2019

B. Braun granted breakthrough status for newest DCB catheter

The FDA has granted B. Braun Interventional Systems Inc. breakthrough device designation for its SeQuent Please ReX drug-coated PTCA balloon catheter, the company announced August 1.

August 1, 2019
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The 10 best hospitals for cardiology, heart surgery in the US

The Cleveland Clinic in Cleveland, Ohio, topped this year’s U.S. News & World Report’s list of the best hospitals for cardiology and heart surgery in the country, published at the end of July.

July 30, 2019
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Circulation journal names new editor-in-chief

Chris Semsarian, PhD, MPH, has been announced as the newest editor-in-chief of the American Heart Association’s journal Circulation: Genomic and Precision Medicine.

July 29, 2019
Recall | Product recall

Patient deaths, battery failures push recall of Cardiosave intra-aortic balloon pumps

Maquet and Datascope issued a nationwide recall of 22,853 intra-aortic balloon pumps July 23 following reports of five patient deaths and numerous battery failures.

July 26, 2019

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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