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Economics & Policy: The latest salary data | 20 months in prison for fraud | Magnets & implanted medical devices

News You Need to Know Today
Economics & Policy: The latest salary data | 20 months in prison for fraud | Magnets & implanted medical devices
Thursday, May 27, 2021
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Editor's Choice: Economics

Cardiologist salaries in the wake of COVID: 8 key takeaways from a new analysis

Cardiologists are confident COVID-related shortfalls will soon be behind them, according to the report. 

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money maze payment reimbursement
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Cardiologist salaries in the wake of COVID: 8 key takeaways from a new analysis

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money maze payment reimbursement
Cardiologists are confident COVID-related shortfalls will soon be behind them, according to the report. 
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New York cardiologist sentenced to 20 months in prison, fined $100K for elaborate fraud scheme

The cardiologist was also ordered to pay more than $500,000 in restitution, according to an official statement from the U.S. Attorney's Office. 

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New York cardiologist sentenced to 20 months in prison, fined $100K for elaborate fraud scheme

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The cardiologist was also ordered to pay more than $500,000 in restitution, according to an official statement from the U.S. Attorney's Office. 
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Virginia health system sues competitor for $20M for allegedly blocking expansion, hiring away cardiologists

The issues between these two systems appears to go back several years. 

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A book titled "Health Care Law" next to a gavel and a stethoscope
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Virginia health system sues competitor for $20M for allegedly blocking expansion, hiring away cardiologists

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A book titled "Health Care Law" next to a gavel and a stethoscope
The issues between these two systems appears to go back several years. 
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Cardiologists support bipartisan prior authorization bill, praising its ‘transparency’ and ‘oversight’

The ACC is enthusiastically backing the bipartisan legislation, saying it would improve care for the country's cardiovascular patients.

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quality imaging appropriateness clinical decision support CAS AUC
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Cardiologists support bipartisan prior authorization bill, praising its ‘transparency’ and ‘oversight’

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quality imaging appropriateness clinical decision support CAS AUC
The ACC is enthusiastically backing the bipartisan legislation, saying it would improve care for the country's cardiovascular patients.
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FDA advisory: Magnets in cell phones, smart watches can affect implanted medical devices

Though this does not seem to be a significant issue, the agency still recommends keeping consumer electronics at least six inches away from implanted medical devices.

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Smartphone
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FDA advisory: Magnets in cell phones, smart watches can affect implanted medical devices

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Smartphone
Though this does not seem to be a significant issue, the agency still recommends keeping consumer electronics at least six inches away from implanted medical devices.
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Boston-based tech company raises $8M to develop AI-powered CVD software

The company also announced that two specialists with more than 25 years of industry experience have joined its leadership team. 

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Boston-based tech company raises $8M to develop AI-powered CVD software

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Money
The company also announced that two specialists with more than 25 years of industry experience have joined its leadership team. 
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‘No better time than now’: ACC, AHA share new guidance on ethics and professionalism in cardiovascular care

“As much as 80% of a person’s health is determined by the social and economic conditions of their environment,” one specialist said. 

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‘No better time than now’: ACC, AHA share new guidance on ethics and professionalism in cardiovascular care

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“As much as 80% of a person’s health is determined by the social and economic conditions of their environment,” one specialist said. 
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Cardiologist leaves Amazon leadership role to join digital health startup

In the past, Majmudar has also helped manage the Healthcare Transformation Lab at Massachusetts General Hospital and served as an associate professor at Harvard Medical School.

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Maulik Majmudar, MD
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Cardiologist leaves Amazon leadership role to join digital health startup

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Maulik Majmudar, MD
In the past, Majmudar has also helped manage the Healthcare Transformation Lab at Massachusetts General Hospital and served as an associate professor at Harvard Medical School.
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Family of singer Chris Cornell settles malpractice lawsuit with cardiologist

The singer's family originally filed the lawsuit in November 2018.

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A gavel and a stethoscope
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Family of singer Chris Cornell settles malpractice lawsuit with cardiologist

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A gavel and a stethoscope
The singer's family originally filed the lawsuit in November 2018.
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Low-value care, including CVD screening for low-risk adults, costs Medicare providers $478M per year

The study’s authors tracked data from 2007 to 2016, focusing on seven low-value services that all received a “D” recommendation from the USPSTF. 

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Same-day discharge after TAVR is safe for low-risk patients, leads to considerable cost savings
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Low-value care, including CVD screening for low-risk adults, costs Medicare providers $478M per year

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Same-day discharge after TAVR is safe for low-risk patients, leads to considerable cost savings
The study’s authors tracked data from 2007 to 2016, focusing on seven low-value services that all received a “D” recommendation from the USPSTF. 
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CMS recommends additional payment for using Shockwave’s IVL technology in hospital setting

CMS included the recommendation in its FY 2022 IPPS proposed rule.

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Intravascular lithotripsy (IVL) therapy to break up calcified coronary lesions will now be reimbursed at a higher rate under new in-hospital codes the went into effect Oct. 1. Illustration of the Shockwave lithoplasty procedure using sonic waves to bust calcium without trauma.
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CMS recommends additional payment for using Shockwave’s IVL technology in hospital setting

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Intravascular lithotripsy (IVL) therapy to break up calcified coronary lesions will now be reimbursed at a higher rate under new in-hospital codes the went into effect Oct. 1. Illustration of the Shockwave lithoplasty procedure using sonic waves to bust calcium without trauma.
CMS included the recommendation in its FY 2022 IPPS proposed rule.
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