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.

Procyrion's Aortix percutaneous mechanical circulatory support (pMCS) device targets acute decompensated heart failure (ADHF) patients with cardiorenal syndrome (CRS).

Heart failure specialists raise $58M for new device designed to improve cardiac, renal function

Researchers are presently tracking the safety and effectiveness of the new device in patients with ADHF compared to diuretics alone. 

February 5, 2024

Florida cardiology practices unite with help from private equity-backed cardiovascular group

The two neighboring practices have joined forces to provide improved cardiovascular care for patients throughout the Sunshine State. 

January 29, 2024
money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

FFR-guided PCI linked to significant cost savings

Researchers tracked data from more than 500 PCI patients, exploring the cost-effectiveness and safety of multiple treatment options. 

January 25, 2024

HeartFlow’s AI-powered CAD offering receives new CPT code with improved reimbursement rate

For this update to be finalized, the American Medical Association had to determine FFRCT Analysis met certain requirements in terms of its overall impact on patient care. John Farquhar, CEO of HeartFlow, described the news as "a win for everyone involved, most notably patients." 

January 24, 2024
Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 

Cardiologists speak out about reimbursement cuts, say Congress ‘left clinicians holding the bag’

When Congress passed its latest continuing resolution to avoid a government shutdown, it provided no relief for cardiologists and other physicians impacted by ongoing Medicare reimbursement cuts. The American College of Cardiology responded to this development with yet another plea for change. 

January 22, 2024
According to the U.S. government, Asante Health System and one of its surgeons knowingly submitted false claims to Medicare, Medicaid and TRICARE for more than six years. Heart surgery surgeons.

Oregon health system, cardiothoracic surgeon agree to pay $430K to settle fraud allegations

According to the U.S. government, Asante Health System and one of its surgeons knowingly submitted false claims to Medicare, Medicaid and TRICARE for more than six years. 

January 18, 2024
A gavel and a stethoscope

Woman files lawsuit claiming Panera’s highly caffeinated beverages gave her heart issues

The 28-year-old woman says she drank two and a half Charged Lemonade drinks and was in the emergency room the very next day. According to her lawsuit, she was diagnosed with atrial fibrillation and is now taking daily heart medications. 

January 18, 2024
money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

Integer acquires medical device specialists with experience in structural heart, electrophysiology for $140M

Integer's estimated 2023 sales nearly reached $1.6 billion, up 16% compared to 2022. According to the company's statement, this acquisition helps expand its footprint in several key markets. 

January 17, 2024

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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