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.

The long legal saga of Richard Paulus, a Kentucky cardiologist accused of performing unnecessary cardiac procedures, appears to still be going strong in 2022 and might be reviewed by the Supreme Court. The New York state radiologist is facing 36 misdemeanor counts for secret sexual recording without consent, according to a story in the Boston Herald.

Cardiologist the subject of several malpractice claims for allegedly performing unnecessary heart operations

One patient received a total of 41 stents from 2004 to 2013. He said the experience was so hard that he feared he would be driven to suicide. 

December 15, 2022
Andrei Churyla, MD, Douglas Johnston, MD, and R. Kannan Mutharasan, MD, tour a clinic room designed for future AI technology pilots at Palos Hospital.

Northwestern Medicine opens advanced outpatient cardiac clinic at suburban Chicago

Northwestern Medicine opens a new outpatient cardiology clinic to address better patient access to care in Chicago's south suburbs. 

December 14, 2022
Handshake

Boston Scientific to acquire majority stake of interventional device company for $523M

Acotec, founded in 2008, designs and distributes a wide range of medical devices used in interventional cardiology, including drug-coated balloons and thrombus aspiration catheters.

December 12, 2022
money puzzle innovation funding

How cardiologists can steer patient discussions about costs and value in the right direction

High out-of-pocket costs are a growing problem in healthcare, often creating stress and confusion for patients. A new analysis in Circulation: Cardiovascular Quality and Outcomes examined one way that physicians can help. 

December 12, 2022
Meds Drugs Pharma

Amgen to acquire Horizon Therapeutics for $27.8B

Amgen’s newly created subsidiary, Pillartree Limited, will acquire Horizon Therapeutics for $116.50 per share in cash. That’s a premium of 19.7% above the closing price of $97.29 on Dec. 9, 2022.

December 12, 2022
The American College of Cardiology and Heart Rhythm Society issued a joint statement soon after CMS published its final rule for the 2023 Medicare Physician Fee Schedule. The groups warned that the final rule could threaten patient access to high-quality care. Medicare cuts may harm patient care.

Cardiologists fear new regulations will cause a medical device shortage in Europe

Diagnostic catheters, ablation catheters and stents are just some of the solutions cardiologists are now struggling to obtain.

December 8, 2022
Researchers examined data from more than 900 patients, presenting their findings in the Journal of the American Heart Association. Money and healthcare spending and econimics.

High copays keep many heart failure patients from filling needed prescriptions

Researchers examined data from more than 900 patients, presenting their findings in the Journal of the American Heart Association.

December 1, 2022
Money dollar investments

FDA approves world’s most expensive drug, a hemophilia B treatment expected to cost $3.5M

The single-dose gene therapy can help patients reduce their risk of bleeding events and discontinue factor IX prophylaxis therapy.

November 23, 2022

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