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News You Need to Know Today
Economics: Compensation at hospitals vs. private practices | Fraud allegations settled for $85M | Will Medtronic sell?
Monday, October 23, 2023
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Editor's Choice: Economics

Cardiologist compensation much higher at hospitals and health systems than private practices—and the gap is widening

A new 57-page report from MedAxiom explored the latest data on compensation, production, staffing and medical imaging offerings among cardiology programs in the United States. 

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Cardiologist heart
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Cardiologist compensation much higher at hospitals and health systems than private practices—and the gap is widening

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Cardiologist heart
A new 57-page report from MedAxiom explored the latest data on compensation, production, staffing and medical imaging offerings among cardiology programs in the United States. 
READ MORE >

Cardiologists at heart of alleged kickback scheme—imaging provider, CEO to pay $85M to settle

The allegations revolve around payments referring cardiologists received to supervise PET scans from March 2014 to May 2023.

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Department of Justice DOJ
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Cardiologists at heart of alleged kickback scheme—imaging provider, CEO to pay $85M to settle

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Department of Justice DOJ
The allegations revolve around payments referring cardiologists received to supervise PET scans from March 2014 to May 2023.
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Report: Private equity firm exploring deal worth more than $7B to acquire 2 Medtronic businesses

Carlyle Group, one of the world’s largest private equity firms, is reportedly working to buy the two business units and turn them into a brand new company. 

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mergers acquisitions puzzle M&A
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Report: Private equity firm exploring deal worth more than $7B to acquire 2 Medtronic businesses

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mergers acquisitions puzzle M&A
Carlyle Group, one of the world’s largest private equity firms, is reportedly working to buy the two business units and turn them into a brand new company. 
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Haemonetics to acquire medical device company known for its TAVR guidewires for $253M

Haemonetics expects the deal to increase its short- and long-term revenue. The all-cash transaction should close by January 2024.

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The SavvyWire TAVR guidewire by OpSens / Haemonetics
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Haemonetics to acquire medical device company known for its TAVR guidewires for $253M

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The SavvyWire TAVR guidewire by OpSens / Haemonetics
Haemonetics expects the deal to increase its short- and long-term revenue. The all-cash transaction should close by January 2024.
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Cardiac CT's financial impact on the cardiovascular service line

Implementing cardiac CT can make a big impact across the service line without reducing the use of other modalities. Ginger Biesbrock, MedAxiom's executive vice president, explained these findings in a new video interview.

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Video interviuew with Ginger Biesbrock, DSc, PA-C, FACC, executive vice president of MedAxiom, on the "Financial Impact of Cardiac CT to the Cardiovascular Service Line" report at SCCT 2023. #SCCT #YesCCT #Medaxiom
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Cardiac CT's financial impact on the cardiovascular service line

Share on Twitter Share on Facebook Share on Linkedin
Video interviuew with Ginger Biesbrock, DSc, PA-C, FACC, executive vice president of MedAxiom, on the "Financial Impact of Cardiac CT to the Cardiovascular Service Line" report at SCCT 2023. #SCCT #YesCCT #Medaxiom
Implementing cardiac CT can make a big impact across the service line without reducing the use of other modalities. Ginger Biesbrock, MedAxiom's executive vice president, explained these findings in a new video interview.
READ MORE >

Cardiologist-founded virtual cardiology clinic raises $8M to expand heart failure offerings

The company hopes this new round of funding from private-equity investors will help its home-based care model flourish and reach more patients than ever before. 

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Telehealth can provide significant value when it comes to managing and monitoring patients with CVD or suspected CVD. A new scientific statement from the American Heart Association explores the latest details on this evolving treatment option. 
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Cardiologist-founded virtual cardiology clinic raises $8M to expand heart failure offerings

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Telehealth can provide significant value when it comes to managing and monitoring patients with CVD or suspected CVD. A new scientific statement from the American Heart Association explores the latest details on this evolving treatment option. 
The company hopes this new round of funding from private-equity investors will help its home-based care model flourish and reach more patients than ever before. 
READ MORE >

SCCT hopes to increase cardiac CT reimbursements through advocacy

Mark Rabbat, MD, discusses the Society of Cardiovascular Computed Tomography's efforts to make an impact by lobbying in Washington. 

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Mark Rabbat, MD, director of cardica CT at Loyola, discusses legislative advocacy efforts by SCCT to gain wider reimbursement for cardiac CT. #SCCT #SCCT23 #SCCT2023
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SCCT hopes to increase cardiac CT reimbursements through advocacy

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Mark Rabbat, MD, director of cardica CT at Loyola, discusses legislative advocacy efforts by SCCT to gain wider reimbursement for cardiac CT. #SCCT #SCCT23 #SCCT2023
Mark Rabbat, MD, discusses the Society of Cardiovascular Computed Tomography's efforts to make an impact by lobbying in Washington. 
READ MORE >

Cordis finalizes deal to acquire MedAlliance for up to $1.1B

The total value of the acquisition, first announced in 2022, is dependent on various regulatory and commercial milestones.

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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.
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Cordis finalizes deal to acquire MedAlliance for up to $1.1B

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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.
The total value of the acquisition, first announced in 2022, is dependent on various regulatory and commercial milestones.
READ MORE >

‘We share a common vision’: Private equity-backed cardiology management group partners with MedAxiom, ACC

The group's roster of 17 like-minded cardiology practices now has access to MedAxiom's practice management tools and other key resources. 

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healthcare business deal
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‘We share a common vision’: Private equity-backed cardiology management group partners with MedAxiom, ACC

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healthcare business deal
The group's roster of 17 like-minded cardiology practices now has access to MedAxiom's practice management tools and other key resources. 
READ MORE >

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