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News You Need to Know Today
Cardiologist compensation still rising | Medtronic invests in Pi-Cardia | One health system sues another | $31M for stroke tech
Wednesday, September 9, 2026
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Editor's Choice: Economics

Cardiologist compensation still rising—pay bumps also seen in thoracic and vascular surgery

Nearly 23,000 U.S. physicians were surveyed about their salaries for a new report from Doximity. Respondents were also asked about AI, burnout, the ongoing physician shortage and much more.

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Healthcare salaries and compensation
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Cardiologist compensation still rising—pay bumps also seen in thoracic and vascular surgery

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Healthcare salaries and compensation
Nearly 23,000 U.S. physicians were surveyed about their salaries for a new report from Doximity. Respondents were also asked about AI, burnout, the ongoing physician shortage and much more.
READ MORE >

Medtronic invests up to $80M in medtech company Pi-Cardia with a potential buyout on the table

Less than a year after investing heavily in Minnesota-based Anteris Technologies, Medtronic has announced a new strategic investment in Pi-Cardia. The TAVR technology at the heart of this investment is Pi-Cardia's FDA-approved ShortCut device. 

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Pi-Cardia ShortCut TAVR device. According to Pi-Cardia, ShortCut is the first medical device of its kind; interventional cardiologists use it to split valve leaflets in patients who have been recommended for valve-in-valve TAVR and face a heightened coronary obstruction risk.
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Medtronic invests up to $80M in medtech company Pi-Cardia with a potential buyout on the table

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Pi-Cardia ShortCut TAVR device. According to Pi-Cardia, ShortCut is the first medical device of its kind; interventional cardiologists use it to split valve leaflets in patients who have been recommended for valve-in-valve TAVR and face a heightened coronary obstruction risk.
Less than a year after investing heavily in Minnesota-based Anteris Technologies, Medtronic has announced a new strategic investment in Pi-Cardia. The TAVR technology at the heart of this investment is Pi-Cardia's FDA-approved ShortCut device. 
READ MORE >

Why health equity is now a business imperative in cardiology

For health systems under value-based care payment initiatives, there a direct financial incentive to invest in programs that improve access and outcomes among underserved populations. Cardiologist Dipti Itchhaporia, MD, shared her thoughts on this important topic. 

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Former ACC President Dipti Itchhaporia, MD, FACC, an interventional cardiologist, director of cardiovascular innovation , AI and care continuum at Hoag Heart and Vascular Institute, and associate clinical professor at University of California, Irvine, explains why health equity is a clinical and business imperative.
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Why health equity is now a business imperative in cardiology

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Former ACC President Dipti Itchhaporia, MD, FACC, an interventional cardiologist, director of cardiovascular innovation , AI and care continuum at Hoag Heart and Vascular Institute, and associate clinical professor at University of California, Irvine, explains why health equity is a clinical and business imperative.
For health systems under value-based care payment initiatives, there a direct financial incentive to invest in programs that improve access and outcomes among underserved populations. Cardiologist Dipti Itchhaporia, MD, shared her thoughts on this important topic. 
READ MORE >

One New York health system sues another over cardiology services—lawsuit prompts new legislation

Ellis Medicine and St. Peter’s Health Partners spent years discussing a merger. After those discussions were abandoned, however, things got ugly between the two New York health systems. The services of 27 cardiologists are at the center of this ongoing dispute.

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broken relationship broken contract
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One New York health system sues another over cardiology services—lawsuit prompts new legislation

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broken relationship broken contract
Ellis Medicine and St. Peter’s Health Partners spent years discussing a merger. After those discussions were abandoned, however, things got ugly between the two New York health systems. The services of 27 cardiologists are at the center of this ongoing dispute.
READ MORE >

iRhythm to acquire rival cardiac monitoring company for $288M

iRhythm has agreed to acquire VitalConnect for approximately $237.5 million in cash and another $50 million in common stock.

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artificial intelligence money finance acquisition
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iRhythm to acquire rival cardiac monitoring company for $288M

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artificial intelligence money finance acquisition
iRhythm has agreed to acquire VitalConnect for approximately $237.5 million in cash and another $50 million in common stock.
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Siemens Healthineers receives up to $31M to develop autonomous robot for remote stroke treatments

The funding, provided over five years, will go toward developing a robot capable of performing advanced endovascular procedures without direct human input.

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The Siemens Corindus robotic system used for intervention cardiology and neurology procedures. It requires a human operator, but make catheter movemnet much more precise. Photo by Dave Fornell
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Siemens Healthineers receives up to $31M to develop autonomous robot for remote stroke treatments

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The Siemens Corindus robotic system used for intervention cardiology and neurology procedures. It requires a human operator, but make catheter movemnet much more precise. Photo by Dave Fornell
The funding, provided over five years, will go toward developing a robot capable of performing advanced endovascular procedures without direct human input.
READ MORE >

Robotics company raises $6M to help fund new vascular imaging platform

Vexev, an Australian medtech company, wants to improve patient access to high-quality vascular imaging. The company has now raised a total of $19 million.

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money capital dollar business loan funds
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Robotics company raises $6M to help fund new vascular imaging platform

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money capital dollar business loan funds
Vexev, an Australian medtech company, wants to improve patient access to high-quality vascular imaging. The company has now raised a total of $19 million.
READ MORE >

In Case You Missed It

CMS proposes Medicare payment cuts in 2027—physician groups pledge to bring about change

Cardiologists received a nice bump in pay in 2026 thanks to a one-time 2.5% conversion factor increase. That expires at the end of the year, however, and physicians will see their payments decrease as a result.

READ MORE >
Medicare money bills dollars
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CMS proposes Medicare payment cuts in 2027—physician groups pledge to bring about change

Share on Twitter Share on Facebook Share on Linkedin
Medicare money bills dollars
Cardiologists received a nice bump in pay in 2026 thanks to a one-time 2.5% conversion factor increase. That expires at the end of the year, however, and physicians will see their payments decrease as a result.
READ MORE >

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