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News You Need to Know Today
May's Biggest Stories: Reimbursement trends | FDA warns against use of heart devices | What happened to private practices?
Monday, June 3, 2024
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The Month in Review

Editor's Note:

Some of May's most popular stories examined long-term trends in the world of cardiovascular care—declining reimbursement rates and changing employment models, for example. Other top stories were more focused on the present, including a direct warning from the FDA to transition away from certain devices. That makes this list feel like an accurate representation of our goal here at Cardiovascular Business. We aim to write about what cardiologists and other cardiology professionals see on a daily basis while also looking ahead to the future.

Are we covering the right things? Please let us know. As always, thank you for reading. | Michael Walter - Editor

Editor's Note:

Some of May's most popular stories examined long-term trends in the world of cardiovascular care—declining reimbursement rates and changing employment models, for example. Other top stories were more focused on the present, including a direct warning from the FDA to transition away from certain devices. That makes this list feel like an accurate representation of our goal here at Cardiovascular Business. We aim to write about what cardiologists and other cardiology professionals see on a daily basis while also looking ahead to the future. Are we covering the right things? Please let us know. As always, thank you for reading. | Michael Walter - Editor

Medicare reimbursement down 29% for cardiologists, 58% for heart surgeons

Physician payments are down slightly across the board, but they've fallen significantly for a handful of specialties. Researchers examined the long-term impact this trend could have on patient care.

READ MORE >
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 More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 
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Medicare reimbursement down 29% for cardiologists, 58% for heart surgeons

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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. 
Physician payments are down slightly across the board, but they've fallen significantly for a handful of specialties. Researchers examined the long-term impact this trend could have on patient care.
READ MORE >

FDA warns against use of troubled heart devices, citing ‘continued concerns’ after multiple recalls

The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible. 

READ MORE >
FDA warning alert exclamation computer
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FDA warns against use of troubled heart devices, citing ‘continued concerns’ after multiple recalls

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FDA warning alert exclamation computer
The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible. 
READ MORE >

What happened to cardiology's private practices?

Hospital employment models, reimbursement policies and private equity have all led to a massive reduction in the number of cardiologists working for a private practice, ACC President Cathie Biga, MSN, told Cardiovascular Business.

READ MORE >
ACC President Cathie Biga explains how cardiologist employment models undergoing a profound transformation during an interview with Cardiovascular Digital Editor Dave Fornell at ACC 2024.
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What happened to cardiology's private practices?

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ACC President Cathie Biga explains how cardiologist employment models undergoing a profound transformation during an interview with Cardiovascular Digital Editor Dave Fornell at ACC 2024.
Hospital employment models, reimbursement policies and private equity have all led to a massive reduction in the number of cardiologists working for a private practice, ACC President Cathie Biga, MSN, told Cardiovascular Business.
READ MORE >

Hospital to pay $24.3M over TAVR allegations

According to a whistleblower, Cape Cod Hospital performed hundreds of TAVR procedures without following specific government requirements.

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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Hospital to pay $24.3M over TAVR allegations

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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 whistleblower, Cape Cod Hospital performed hundreds of TAVR procedures without following specific government requirements.
READ MORE >

FDA announces new recall of delivery catheters after patient’s death

The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.

READ MORE >
the words "FDA recall" on a board
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FDA announces new recall of delivery catheters after patient’s death

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the words "FDA recall" on a board
The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.
READ MORE >

Cardiologist charged with 9 more sex crimes as police search his home and private practice

The alleged sex crimes involve a young child. According to a judge, the 61-year-old cardiologist could face life in prison if convicted.

READ MORE >
Cardiologist Damian Brezinski arrested
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Cardiologist charged with 9 more sex crimes as police search his home and private practice

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Cardiologist Damian Brezinski arrested
The alleged sex crimes involve a young child. According to a judge, the 61-year-old cardiologist could face life in prison if convicted.
READ MORE >

Radial vs. femoral access during PCI: Real-world data show proof of a ‘sea change’ in cardiology

The use of radial access during PCI procedures is increasing throughout the United States, and new data presented at the SCAI's annual meeting suggest that could be beneficial for patients. 

READ MORE >
PCI interventional cardiology. The use of radial access during PCI procedures is increasing throughout the United States, and new data presented at the SCAI's annual meeting suggest that could be beneficial for patients. 
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Radial vs. femoral access during PCI: Real-world data show proof of a ‘sea change’ in cardiology

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PCI interventional cardiology. The use of radial access during PCI procedures is increasing throughout the United States, and new data presented at the SCAI's annual meeting suggest that could be beneficial for patients. 
The use of radial access during PCI procedures is increasing throughout the United States, and new data presented at the SCAI's annual meeting suggest that could be beneficial for patients. 
READ MORE >

ChatGPT passes interventional cardiology certification exam

The popular AI chatbot's performance highlighted both its strengths and its weaknesses. It can answer multiple-choice questions, for example, but it struggles with consistency. 

READ MORE >
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ChatGPT passes interventional cardiology certification exam

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The popular AI chatbot's performance highlighted both its strengths and its weaknesses. It can answer multiple-choice questions, for example, but it struggles with consistency. 
READ MORE >

Dual-action thrombectomy device could give cardiologists a new tool for treating acute PE

The new device is believed to be the first of its kind, using both aspiration and mechanical clot disruption to remove blood clots.

READ MORE >
Hēlo PE Thrombectomy System developed by U.S. medical device company Endovascular Engineering.
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Dual-action thrombectomy device could give cardiologists a new tool for treating acute PE

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Hēlo PE Thrombectomy System developed by U.S. medical device company Endovascular Engineering.
The new device is believed to be the first of its kind, using both aspiration and mechanical clot disruption to remove blood clots.
READ MORE >

Pfizer recalls 2 drugs, including 1 for hypertension, over safety concerns

The recall was put in place due to a leak risk that could make the therapies less effective and potentially lead to an infection. 

READ MORE >
Hospira, an Illinois-based pharmaceutical and medical device company owned by Pfizer, has issued a voluntary recall of two different drugs due to ongoing safety issues. The recall includes specific lots of labetalol hydrochloride injections and buprenorphine hydrochloride injections. Labetalol hydrochloride injections are used to control blood pressure in patients with severe hypertension.
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Pfizer recalls 2 drugs, including 1 for hypertension, over safety concerns

Share on Twitter Share on Facebook Share on Linkedin
Hospira, an Illinois-based pharmaceutical and medical device company owned by Pfizer, has issued a voluntary recall of two different drugs due to ongoing safety issues. The recall includes specific lots of labetalol hydrochloride injections and buprenorphine hydrochloride injections. Labetalol hydrochloride injections are used to control blood pressure in patients with severe hypertension.
The recall was put in place due to a leak risk that could make the therapies less effective and potentially lead to an infection. 
READ MORE >

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