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.

Money

Boston-based tech company raises $8M to develop AI-powered CVD software

The company also announced that two specialists with more than 25 years of industry experience have joined its leadership team. 

May 12, 2021
Maulik Majmudar, MD

Cardiologist leaves Amazon leadership role to join digital health startup

In the past, Majmudar has also helped manage the Healthcare Transformation Lab at Massachusetts General Hospital and served as an associate professor at Harvard Medical School.

May 11, 2021
The American College of Cardiology (ACC) has published a new guidance document focused on the treatment of patients who present with atherosclerotic cardiovascular disease (ASCVD) and other chronic conditions sch as hypertension, diabetes and atrial fibrillation (AFib).

CTA, ACC announce new plan to help device manufacturers connect with cardiologists

Representatives from Google Health, Philips, Samsung, Abbott and Omron have been invited to contribute to the new collaboration. 

May 10, 2021
A gavel and a stethoscope

Family of singer Chris Cornell settles malpractice lawsuit with cardiologist

The singer's family originally filed the lawsuit in November 2018.

May 7, 2021
supplements

Considering vitamin supplements to prevent heart disease or cancer? Not so fast, USPSTF warns

The USPSTF said there is not enough evidence to recommend for or against taking supplements to prevent CVD or cancer. The two exceptions are vitamin E and beta-carotene, which the group warned should not be taken for that purpose. 

May 6, 2021
Same-day discharge after TAVR is safe for low-risk patients, leads to considerable cost savings

Low-value care, including CVD screening for low-risk adults, costs Medicare providers $478M per year

The study’s authors tracked data from 2007 to 2016, focusing on seven low-value services that all received a “D” recommendation from the USPSTF. 

May 3, 2021
Intravascular lithotripsy (IVL) therapy to break up calcified coronary lesions will now be reimbursed at a higher rate under new in-hospital codes the went into effect Oct. 1. Illustration of the Shockwave lithoplasty procedure using sonic waves to bust calcium without trauma.

CMS recommends additional payment for using Shockwave’s IVL technology in hospital setting

CMS included the recommendation in its FY 2022 IPPS proposed rule.

April 28, 2021
Patient in hospital bed

Cardiologists push for new patient ID policies, citing multiple benefits

The American College of Cardiology and American Heart Association are among dozens of groups fighting to overhaul patient identification policies. 

April 27, 2021

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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