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News You Need to Know Today
Economics highlights: Private equity investments in cardiology | GE Healthcare & Abbott make big moves
Tuesday, March 7, 2023
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Editor's Choice: Economics

Q&A: What the rise of private equity investments in cardiology means for cardiologists and their patients

Private equity investors have grown more and more interested in cardiology in recent years. Why the sudden shift? And what does it mean for patient care going forward? 

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Private equity investors have grown more and more interested in cardiology in recent years. Roger Strode, a partner with the global law firm Foley and Lardner LLP, explains why this is.
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Q&A: What the rise of private equity investments in cardiology means for cardiologists and their patients

Share on Twitter Share on Facebook Share on Linkedin
Private equity investors have grown more and more interested in cardiology in recent years. Roger Strode, a partner with the global law firm Foley and Lardner LLP, explains why this is.
Private equity investors have grown more and more interested in cardiology in recent years. Why the sudden shift? And what does it mean for patient care going forward? 
READ MORE >

Florida cardiology practice, 10 cardiologists pay $2M to settle fraud allegations

The practice and many of its cardiologists allegedly submitted false claims to Medicare, Medicaid, TRICARE and the Federal Employee Health Benefits Program. 

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A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.
Share on Twitter Share on Facebook Share on Linkedin

Florida cardiology practice, 10 cardiologists pay $2M to settle fraud allegations

Share on Twitter Share on Facebook Share on Linkedin
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.
The practice and many of its cardiologists allegedly submitted false claims to Medicare, Medicaid, TRICARE and the Federal Employee Health Benefits Program. 
READ MORE >

Q&A: Tim Attebery on why private equity-backed management companies are investing in cardiology

The CEO of Cardiovascular Associates of America, and former CEO of the American College of Cardiology, shared his perspective on the rise of private equity investments in cardiology. 

READ MORE >
Tim Attebery, DSc, MBA, the CEO of Cardiovascular Associates of America and former CEO of the American College of Cardiology (ACC)
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Q&A: Tim Attebery on why private equity-backed management companies are investing in cardiology

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Tim Attebery, DSc, MBA, the CEO of Cardiovascular Associates of America and former CEO of the American College of Cardiology (ACC)
The CEO of Cardiovascular Associates of America, and former CEO of the American College of Cardiology, shared his perspective on the rise of private equity investments in cardiology. 
READ MORE >

GE Healthcare to acquire AI imaging specialists Caption Health

Caption Health has been a major player in the cardiac imaging space in recent years, gaining attention for its AI-powered echocardiography solutions. 

READ MORE >
GE healthcare has purchased Caption Health. This added cardiac ultrasound AI guidenance to GE's echocardiogram systems so even inexperienced sonographers and point of care ultrasound (POCUS) users will be able to obtain high-quality echo exams.
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GE Healthcare to acquire AI imaging specialists Caption Health

Share on Twitter Share on Facebook Share on Linkedin
GE healthcare has purchased Caption Health. This added cardiac ultrasound AI guidenance to GE's echocardiogram systems so even inexperienced sonographers and point of care ultrasound (POCUS) users will be able to obtain high-quality echo exams.
Caption Health has been a major player in the cardiac imaging space in recent years, gaining attention for its AI-powered echocardiography solutions. 
READ MORE >

Abbott to acquire vascular disease specialists for $890M

Minnesota-based Cardiovascular Systems Inc. is perhaps best known for its atherectomy devices designed to treat PAD and CAD.

READ MORE >
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Abbott to acquire vascular disease specialists for $890M

Share on Twitter Share on Facebook Share on Linkedin
Minnesota-based Cardiovascular Systems Inc. is perhaps best known for its atherectomy devices designed to treat PAD and CAD.
READ MORE >

A busy week for cardiology investments: 3 tech companies report big financing rounds

It’s not even Valentine’s Day yet, but February has already been a big month for fundraising in the cardiology space.

READ MORE >
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A busy week for cardiology investments: 3 tech companies report big financing rounds

Share on Twitter Share on Facebook Share on Linkedin
It’s not even Valentine’s Day yet, but February has already been a big month for fundraising in the cardiology space.
READ MORE >

Cardiovascular Associates of America welcomes Florida practice to its growing network

The private equity-backed organization now has eight partner practices in its network. 

READ MORE >
partnership business deal joint venture
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Cardiovascular Associates of America welcomes Florida practice to its growing network

Share on Twitter Share on Facebook Share on Linkedin
partnership business deal joint venture
The private equity-backed organization now has eight partner practices in its network. 
READ MORE >

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