Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

Recruitment incentives for cardiologists at ‘unprecedented’ levels

Invasive cardiologists ranked No. 1 of all subspecialties with an average starting salary of $590,000, according to Merritt Hawkins’ 2018 report. And that's just the base amount—more money can be earned with quality and productivity incentives.

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George H.W. Bush’s cardiologist killed in shooting

Former President George H.W. Bush’s cardiologist was killed on July 20 in an apparent bicycle drive-by shooting near the Texas Medical Center (TMC) in Houston.

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ACC names Timothy W. Attebery as CEO

The American College of Cardiology (ACC) announced the selection of Timothy W. Attebery, MBA, to serve as its chief executive officer, effective Sept. 1.

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Boston Scientific acquires Claret Medical in $250M deal

Boston Scientific announced its acquisition of Santa Rosa, California-based Claret Medical in a transaction that includes $220 million upfront and an additional potential reimbursement-based milestone payment of up to $50 million. The deal is expected to close before the end of the year.

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HIV doubles risk of cardiovascular disease

Individuals with the human immunodeficiency virus (HIV) are twice as likely to develop cardiovascular disease, according to a global analysis published on July 18 in the American Heart Association’s journal Circulation.

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RVUs vs. TVUs: Are Time Value Units a Fairer Way to Measure Productivity?

As healthcare shifts from fee-for-service to value-based payment models, practices are experimenting with different ways to measure physicians’ contributions to their practices. Will time value units (TVUs) one day replace relative value units (RVUs)?

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Tackling the Rural Access Crisis: Cardiologists Will Need an Array of Tools to Meet Patients’ Needs

In an era of clinician shortages, those living in rural areas are at risk of not receiving needed care. Cardiologists are stepping up, but will it be enough?

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CMS proposes to pay for telehealth, reduce physicians’ paperwork time

CMS proposed several changes to its Medicare billing standards July 12, including paying doctors for virtual visits and alleviating some of their administrative burden.

Around the web

Ron Blankstein, MD, professor of radiology, Harvard Medical School, explains the use of artificial intelligence to detect heart disease in non-cardiac CT exams.

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.