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.

Cardiologists, thoracic surgeons applaud FTC’s ban of most noncompete clauses
The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”
Why the business side of cardiology was a key focus at ACC.24
Alison Bailey, MD, co-chair of the business of cardiology sessions at ACC.24, emphasized that reimbursement cuts can have a long-term negative impact on patient.
Motivation helps heart patients stay active
Alexander Fanaroff, MD, said the late-breaking BE ACTIVE clinical trial presented at ACC.24 offers a blueprint for how to get patients to be more physically active.
New ACC President Cathie Biga wants to improve quality reporting in cardiology
Biga, who originally trained as a nurse, specializes in the business side of cardiology. She also emphasized the increasing importance of AI and other new technologies.
New Jersey cardiologist faces up to 10 years in prison for $1.9M fraud scheme
The doctor, 76, admitted to billing multiple insurance providers for office visits that never happened at all.

Risk of major cardiovascular events not affected by enrolling in a high-deductible health plan

Researchers tracked more than 302,000 patients with at least one cardiovascular risk factor.

July 24, 2020

Cardiology one of healthcare’s top specialties when it comes to net worth, paying off debt

Nearly half of all cardiologists have a net worth between $1 million and $5 million, according to a new report from Medscape.

July 23, 2020

American College of Cardiology ‘disappointed’ by Trump’s decision to exit WHO

“Diseases don't respect geographic and political boundaries," wrote ACC President Athena Poppas, MD, and others.

July 21, 2020

Edwards Lifesciences, Abbott agree to end patent dispute

In a statement announcing the news, Edwards said it “considers this agreement a positive development."

July 13, 2020

Novo Nordisk acquires Corvidia Therapeutics for $2.1B with eye on cardiovascular disease

An antibody currently being developed by Corvidia, ziltivekimab, is at the center of the big acquisition.

July 10, 2020

Tim Attebery, former American College of Cardiology and MedAxiom CEO, named Vxtra Health board chair

Back in April, Attebery announced his resignation from the ACC and MedAxiom.

July 10, 2020

Endologix announces bankruptcy, company-wide reorganization due to pandemic-related challenges

Endologix, an Irvine, California-based healthcare company focused on aortic disorders, has filed for Chapter 11 bankruptcy and finalized a “consensual plan of reorganization."

July 7, 2020

Heart valve specialists raise $20M

Foldax, a Salt Lake City-based healthcare company focused on heart valve technology, has closed a $20 million Series D round of financing.

July 2, 2020

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Health Imaging

New imaging protocols proposed to curb rise of cardiovascular infections

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.

Radiology Business

What does radiology have to do with climate change?

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."

Economics

Cardiologists, thoracic surgeons applaud FTC’s ban of most noncompete clauses

Why the business side of cardiology was a key focus at ACC.24

Motivation helps heart patients stay active

New ACC President Cathie Biga wants to improve quality reporting in cardiology

New Jersey cardiologist faces up to 10 years in prison for $1.9M fraud scheme

Around the web