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News You Need to Know Today
MPFS cuts cardiologist pay | New ablation policy a 'tremendous victory' | Medtronic's strong quarter | Medline files for IPO
Tuesday, November 25, 2025
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Editor's Choice: Economics

Medicare Physician Fee Schedule cuts cardiologist pay because CMS says doctors should be more efficient

The new, negative 2.5% efficiency adjustment will be applied to the vast majority of Medicare payments for physician services. It was opposed by cardiology and most other medical societies. 

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Medicare physician fee schedule final rule 2026.
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Medicare Physician Fee Schedule cuts cardiologist pay because CMS says doctors should be more efficient

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Medicare physician fee schedule final rule 2026.
The new, negative 2.5% efficiency adjustment will be applied to the vast majority of Medicare payments for physician services. It was opposed by cardiology and most other medical societies. 
READ MORE >

CMS to cover cardiac ablations performed in ASCs—cardiology group calls it a ‘tremendous victory’

Electrophysiologists can now perform cardiac ablation outside of a hospital setting. Groups such as the American College of Cardiology and Heart Rhythm Society have been pushing for this change for quite some time, pointing to the potential to cut costs and boost patient satisfaction.

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CMS to cover cardiac ablations performed in ASCs—cardiology group calls it a ‘tremendous victory’

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Electrophysiologists can now perform cardiac ablation outside of a hospital setting. Groups such as the American College of Cardiology and Heart Rhythm Society have been pushing for this change for quite some time, pointing to the potential to cut costs and boost patient satisfaction.
READ MORE >

‘Strongest growth in over a decade’: Heart tech helps Medtronic beat earnings expectations

The company's PFA and TAVR technologies both played key roles in the successful second quarter. In addition, Medtronic expects its place in the renal denervation market to make a major impact going forward. 

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Financial data showing growing revenue
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‘Strongest growth in over a decade’: Heart tech helps Medtronic beat earnings expectations

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Financial data showing growing revenue
The company's PFA and TAVR technologies both played key roles in the successful second quarter. In addition, Medtronic expects its place in the renal denervation market to make a major impact going forward. 
READ MORE >

SCAI fighting for interventional cardiologists amid challenging payment policies

SCAI President Srihari Naidu, MD, detailed some of the challenges interventional cardiologists face as reimbursements keep declining. The group has been building new partnerships with other medical societies to strengthen its influence in Washington. 

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 SCAI President Srihari S. Naidu, MD, professor of medicine at New York Medical College, explained some of the key payment issues interventional cardiologists are facing amid declining Medicare reimbursements.
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SCAI fighting for interventional cardiologists amid challenging payment policies

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 SCAI President Srihari S. Naidu, MD, professor of medicine at New York Medical College, explained some of the key payment issues interventional cardiologists are facing amid declining Medicare reimbursements.
SCAI President Srihari Naidu, MD, detailed some of the challenges interventional cardiologists face as reimbursements keep declining. The group has been building new partnerships with other medical societies to strengthen its influence in Washington. 
READ MORE >

Private equity-backed Medline files for IPO

The company, founded in 1966, has been providing supplies to cardiac surgery suites and cath labs for decades.

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stock market IPO
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Private equity-backed Medline files for IPO

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stock market IPO
The company, founded in 1966, has been providing supplies to cardiac surgery suites and cath labs for decades.
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$64M raised for new cardiogenic shock drug—research already underway

Procizumab was developed to change the trajectory of shock by addressing an underlying molecular driver rather than just managing symptoms.

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Illustration showing how procizumab captures circulating dipeptidyl peptidase 3 (cDPP3) to block this key molecular driver of shock. Illustrations courtesy of 4TEEN4
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$64M raised for new cardiogenic shock drug—research already underway

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Illustration showing how procizumab captures circulating dipeptidyl peptidase 3 (cDPP3) to block this key molecular driver of shock. Illustrations courtesy of 4TEEN4
Procizumab was developed to change the trajectory of shock by addressing an underlying molecular driver rather than just managing symptoms.
READ MORE >

Device to treat coronary microvascular disease rakes in $23 million in financing

With no treatments available that directly improve INOCA, this breakthrough device offers hope.

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VahatiCor's investigational A-Flux Reducer System helps increase perfusion by restricting the venous flow in the coronary sinus.
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Device to treat coronary microvascular disease rakes in $23 million in financing

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VahatiCor's investigational A-Flux Reducer System helps increase perfusion by restricting the venous flow in the coronary sinus.
With no treatments available that directly improve INOCA, this breakthrough device offers hope.
READ MORE >

Novo Nordisk, Pfizer enter bidding war for biotech startup—and it is getting ugly

Pfizer was all set to acquire New York City-based Metsera for $4.9 billion, but Novo Nordisk stepped in with an unexpected counteroffer of $6.5 billion. Both companies hope to add Metsera's drugs to their GLP-1 portfolios.

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rope pulling tug of war bidding war
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Novo Nordisk, Pfizer enter bidding war for biotech startup—and it is getting ugly

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rope pulling tug of war bidding war
Pfizer was all set to acquire New York City-based Metsera for $4.9 billion, but Novo Nordisk stepped in with an unexpected counteroffer of $6.5 billion. Both companies hope to add Metsera's drugs to their GLP-1 portfolios.
READ MORE >

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