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.

A gavel and a stethoscope

Cardiologist who assaulted, threatened to kill his wife owes her more than $600K

The doctor received two years’ probation for assaulting and threatening to kill his wife. His wife also sued him over this abuse, with the courts ruling that she was owed more than $600,000. 

April 27, 2023
Business Handshake

AI specialists focused on cardiology bring in industry veteran to be executive chairman of the board

Scott Huennekens, who has more than 25 years of experience in the medical device industry, is the second addition Elucid has made to its board of directors in the last six months. 

April 25, 2023

Cardiologists, cardiac surgeons support new bill that could limit Medicare cuts

More than 100 U.S. medical societies—including the ACC, ASNC and others—have united in support of a new bill that would make a long-term impact on Medicare payments.

April 24, 2023
Money dollar investments

Report: Boston Scientific considering massive deal to acquire interventional cardiology specialists Shockwave Medical

If the two sides do reach an agreement, the titanic transaction could be among the biggest in Boston Scientific's history.

April 24, 2023
business news announcement

Private equity-backed cardiology groups merge to form new-look entity with presence in 8 states

Cardiovascular Associates of America and Novocardia have joined forces to form what they describe as the "strongest cardiovascular network in America."

April 21, 2023

Private equity-backed US Heart and Vascular adds large Texas-based cardiology practice to its roster

HeartPlace, a Dallas-based cardiology practice with more than 20 locations, is the newest member of the USHV family. 

April 20, 2023
layoffs staff cuts termination workforce

Medtronic laying off undisclosed number of employees to reduce costs

“These decisions are never easy, and we’re taking great care to treat all impacted employees with dignity and respect," the company told Cardiovascular Business in a statement.

April 19, 2023
Society for Cardiovascular Angiography and Interventions (SCAI) is asking its interventional cardiologist members to take action to prevent further cuts in Medicare payments in 2024 by contacting their Congressmen. There were substantial cuts in Centers for Medicare and Medicaid Services (CMS) payments to physicians in 2023 further cuts each year can only be prevented if Congress changes the laws for how CMS pays physicians.

SCAI blasts Medicare payment cuts to cardiology, asks members to take action

The group hopes its members can increase congressional support of a new bill introduced in the House. 

April 12, 2023

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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