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News You Need to Know Today
Economics Highlights: Salaries on the rise | Reimbursement challenges | Startup raises $25M
Wednesday, April 5, 2023
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Editor's Choice: Economics

Cardiologist salaries increased in 2022, but physician compensation was down overall

Both cardiology and pediatric cardiology saw bumps in pay from 2021 to 2022. For many other specialties, however, that was not the case. 

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Cardiologist heart
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Cardiologist salaries increased in 2022, but physician compensation was down overall

Share on Twitter Share on Facebook Share on Linkedin
Cardiologist heart
Both cardiology and pediatric cardiology saw bumps in pay from 2021 to 2022. For many other specialties, however, that was not the case. 
READ MORE >

How to prepare hospitals for the migration of cardiovascular procedures to OBLs and ASCs

Market and regulatory changes in the cardiovascular space are leading to the exodus of procedures to lower-cost settings. Here are 5 strategies to adapt to the growing trend of OBLs and ASCs.

READ MORE >
Cath lab staff working in an outpatient ambulatory surgical center (ASC) for cardiovascular procedures at a Banner Health ASC in Sun City, Arizona.
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How to prepare hospitals for the migration of cardiovascular procedures to OBLs and ASCs

Share on Twitter Share on Facebook Share on Linkedin
Cath lab staff working in an outpatient ambulatory surgical center (ASC) for cardiovascular procedures at a Banner Health ASC in Sun City, Arizona.
Market and regulatory changes in the cardiovascular space are leading to the exodus of procedures to lower-cost settings. Here are 5 strategies to adapt to the growing trend of OBLs and ASCs.
READ MORE >

Reimbursement challenges raising concerns in cardiology

Cathie Biga, vice president of the American College of Cardiology, spoke to Cardiovascular Business at ACC.23 about challenges in the world of cardiology reimbursements. "As that healthcare dollar goes up, it is not going to the physicians," she said.

READ MORE >
ACC Vice President Cathie Biga explains issues with cardiology reimbursements at ACC23. #ACC #ACC23
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Reimbursement challenges raising concerns in cardiology

Share on Twitter Share on Facebook Share on Linkedin
ACC Vice President Cathie Biga explains issues with cardiology reimbursements at ACC23. #ACC #ACC23
Cathie Biga, vice president of the American College of Cardiology, spoke to Cardiovascular Business at ACC.23 about challenges in the world of cardiology reimbursements. "As that healthcare dollar goes up, it is not going to the physicians," she said.
READ MORE >

Cardiologists received $1.1B in industry payments in 6 years

Diving deeper into the data, researchers noted that 40.8% of the payments were tied to speaker fees. Another 19% were from consulting fees.

READ MORE >
Money dollar economics payment
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Cardiologists received $1.1B in industry payments in 6 years

Share on Twitter Share on Facebook Share on Linkedin
Money dollar economics payment
Diving deeper into the data, researchers noted that 40.8% of the payments were tied to speaker fees. Another 19% were from consulting fees.
READ MORE >

TAVR costs vary significantly from one hospital to the next

According to a new study of more than 119,000 hospitalizations, the costs associated with TAVR are far from consistent. 

READ MORE >
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 
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TAVR costs vary significantly from one hospital to the next

Share on Twitter Share on Facebook Share on Linkedin
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 
According to a new study of more than 119,000 hospitalizations, the costs associated with TAVR are far from consistent. 
READ MORE >

Cardiologists support new bill that would improve AED access among students

Damar Hamlin, the Buffalo Bills safety who went into sudden cardiac arrest on the football field back in January, has also highlighted the importance of this new bipartisan legislation. 

READ MORE >
Congress
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Cardiologists support new bill that would improve AED access among students

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Congress
Damar Hamlin, the Buffalo Bills safety who went into sudden cardiac arrest on the football field back in January, has also highlighted the importance of this new bipartisan legislation. 
READ MORE >

What the rise of outpatient cardiac OBLs and ASCs means for cardiology

To reduce the healthcare costs associated with straightforward, minimally invasive cardiovascular procedures, more and more ambulatory surgical centers and office based labs are opening all over the United States.

READ MORE >
ACC Vice President Cathie Biga discusses OBLs and ASCs during the ACC23 meeting. #ACC #OBLs #ASCs #ACC23
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What the rise of outpatient cardiac OBLs and ASCs means for cardiology

Share on Twitter Share on Facebook Share on Linkedin
ACC Vice President Cathie Biga discusses OBLs and ASCs during the ACC23 meeting. #ACC #OBLs #ASCs #ACC23
To reduce the healthcare costs associated with straightforward, minimally invasive cardiovascular procedures, more and more ambulatory surgical centers and office based labs are opening all over the United States.
READ MORE >

Startup focused on heart failure monitoring raises $25M with help from Novo Holdings, Medtronic

The round was led by two new investors, Novo Holdings and Andera Partners. Several existing investors, including Medtronic, also participated.

READ MORE >
Money dollar investments
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Startup focused on heart failure monitoring raises $25M with help from Novo Holdings, Medtronic

Share on Twitter Share on Facebook Share on Linkedin
Money dollar investments
The round was led by two new investors, Novo Holdings and Andera Partners. Several existing investors, including Medtronic, also participated.
READ MORE >

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