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Payment updates for cardiologists | A new heart pump for kids | Philips makes a move | Financial news from Medtronic, Edwards

News You Need to Know Today
Payment updates for cardiologists | A new heart pump for kids | Philips makes a move | Financial news from Medtronic, Edwards
Monday, December 22, 2025
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Editor's Choice: Economics

CPT code updates in 2026 will change how interventional cardiologists get paid

A variety of CPT code changes take effect in 2026, and many of them will make a direct impact on interventional cardiology. Arnold Seto, MD, spoke to Cardiovascular Business about these updates for a new video interview.

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Arnold Seto, MD, MPA, FACC, FSCAI, cath lab director, Long Beach VA Medical Center, professor of medicine at Charles Drew University, Society for Cardiovascular Angiography and Interventions (SCAI) treasurer and chair of the SCAI Advocacy Committee, explains the new CPT reimbursement codes being introduced in January 2026 and their impact on practice.
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CPT code updates in 2026 will change how interventional cardiologists get paid

Share on Twitter Share on Facebook Share on Linkedin
Arnold Seto, MD, MPA, FACC, FSCAI, cath lab director, Long Beach VA Medical Center, professor of medicine at Charles Drew University, Society for Cardiovascular Angiography and Interventions (SCAI) treasurer and chair of the SCAI Advocacy Committee, explains the new CPT reimbursement codes being introduced in January 2026 and their impact on practice.
A variety of CPT code changes take effect in 2026, and many of them will make a direct impact on interventional cardiology. Arnold Seto, MD, spoke to Cardiovascular Business about these updates for a new video interview.
READ MORE >

Researchers receive $3.2M in federal funding to test new heart pump for children

The device, currently just a prototype, could be the first of its kind to gain FDA approval.

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Choon-Sik Jhun, MS, PhD, from Penn State
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Researchers receive $3.2M in federal funding to test new heart pump for children

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Choon-Sik Jhun, MS, PhD, from Penn State
The device, currently just a prototype, could be the first of its kind to gain FDA approval.
READ MORE >

Cardiology needs to evolve in the face of employment trends

Cardiology has largely shifted to hospital-employed models, driven by reimbursement compression and evolving physician priorities. This has created challenges as well as opportunities.

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Herbert D. Aronow, MD, MPH, FACC, FSCAI, FSVM, medical director, heart and vascular service line and the Benson Ford Chair in Cardiology at Henry Ford Health, board member of the Society for Cardiovascular Angiography and Interventions (SCAI), explains the pros and cons and economic pressures involved with shifts in how cardiologists are now employment.
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Cardiology needs to evolve in the face of employment trends

Share on Twitter Share on Facebook Share on Linkedin
Herbert D. Aronow, MD, MPH, FACC, FSCAI, FSVM, medical director, heart and vascular service line and the Benson Ford Chair in Cardiology at Henry Ford Health, board member of the Society for Cardiovascular Angiography and Interventions (SCAI), explains the pros and cons and economic pressures involved with shifts in how cardiologists are now employment.
Cardiology has largely shifted to hospital-employed models, driven by reimbursement compression and evolving physician priorities. This has created challenges as well as opportunities.
READ MORE >

Philips to acquire AI-enabled intravascular imaging specialists SpectraWAVE

Massachusetts-based SpectraWAVE has gained considerable momentum in recent years, planting its flag in some of cardiology’s biggest trends. The company was co-founded by cardiologists and has already secured multiple FDA clearances.

READ MORE >
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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Philips to acquire AI-enabled intravascular imaging specialists SpectraWAVE

Share on Twitter Share on Facebook Share on Linkedin
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.
Massachusetts-based SpectraWAVE has gained considerable momentum in recent years, planting its flag in some of cardiology’s biggest trends. The company was co-founded by cardiologists and has already secured multiple FDA clearances.
READ MORE >

More interventional procedures may be coming to an ambulatory surgical center near you

ASCs have their limitations, but they are also associated with several benefits for cardiologists and patients alike.

READ MORE >
Arnold Seto, MD, MPA, FACC, FSCAI, cath lab director, Long Beach VA Medical Center, professor of medicine at Charles Drew University, Society for Cardiovascular Angiography and Interventions (SCAI) treasurer and chair of the SCAI Advocacy Committee, explains changes in payment policy are making ambulatory surgical centers (ASC) and office based labs (OBL) more attractive to both cardiologists and larger health systems.
Share on Twitter Share on Facebook Share on Linkedin

More interventional procedures may be coming to an ambulatory surgical center near you

Share on Twitter Share on Facebook Share on Linkedin
Arnold Seto, MD, MPA, FACC, FSCAI, cath lab director, Long Beach VA Medical Center, professor of medicine at Charles Drew University, Society for Cardiovascular Angiography and Interventions (SCAI) treasurer and chair of the SCAI Advocacy Committee, explains changes in payment policy are making ambulatory surgical centers (ASC) and office based labs (OBL) more attractive to both cardiologists and larger health systems.
ASCs have their limitations, but they are also associated with several benefits for cardiologists and patients alike.
READ MORE >

AI-powered FFR-CT software linked to considerable cost savings, accurate predictions

According to Heartflow, its AI offering saves health systems nearly $1,400 per patient thanks to reductions in unnecessary cardiovascular testing.

READ MORE >
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AI-powered FFR-CT software linked to considerable cost savings, accurate predictions

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According to Heartflow, its AI offering saves health systems nearly $1,400 per patient thanks to reductions in unnecessary cardiovascular testing.
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.

READ MORE >
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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. 

READ MORE >
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 >

Stem cell company acquires 2 cardiology practices, calling them ‘the first of many’

Hemostemix believes its new cell therapy platform can help treat peripheral artery disease, congestive heart failure, cardiomyopathy and other serious medical conditions. The company plans on scooping up multiple practices to conduct additional research and increase the use of its platform. 

READ MORE >
merger acquisition M&A business
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Stem cell company acquires 2 cardiology practices, calling them ‘the first of many’

Share on Twitter Share on Facebook Share on Linkedin
merger acquisition M&A business
Hemostemix believes its new cell therapy platform can help treat peripheral artery disease, congestive heart failure, cardiomyopathy and other serious medical conditions. The company plans on scooping up multiple practices to conduct additional research and increase the use of its platform. 
READ MORE >

Edwards Lifesciences shares positive outlook for 2026, pointing to continued importance of TAVR

The company expects TAVR sales alone to be as high as $4.9 billion in 2026. Other minimally invasive therapies are projected to make a major impact as well.

READ MORE >
Edwards Lifesciences Sapien 3 TAVR valves at TCT 2024 DF 1
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Edwards Lifesciences shares positive outlook for 2026, pointing to continued importance of TAVR

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Edwards Lifesciences Sapien 3 TAVR valves at TCT 2024 DF 1
The company expects TAVR sales alone to be as high as $4.9 billion in 2026. Other minimally invasive therapies are projected to make a major impact as well.
READ MORE >

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