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.

Merit Medical Systems expects to receive $136.5 million in common stock offering

Merit Medical Systems announced on March 27 that the company plans on selling 5,175,000 shares in a public offering of common stock with a total expected net proceeds of $136.5 million.

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CMS delays cardiac bundled payment models by three months

CMS delayed the implementation date for its bundled payments for cardiac care from July 1 until Oct. 1. It also hinted that it could further delay the model until Jan. 1, 2018.

Washington cardiologist settles overbilling allegations for $300,000

Romeo Pavlic, MD, a cardiologist from Spokane, Washington, agreed to pay $300,000 to settle a lawsuit alleging he overbilled Medicare and Medicaid patients, the Spokesman-Review reports.

Acasti Pharma appoints two cardiologists, professors to scientific advisory board

Acasti Pharma appointed Barry A. Franklin, PhD, and Robert Hegele, MD, to the company’s scientific advisory board.

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Mayo Clinic invests $217 million to enhance cardiac facilities, Saint Marys campus

As part of a $217 million project, Mayo Clinic will relocate and upgrade its cardiac surgery facilities. The board of trustees approved the plans, which in addition to giving the cardiac facilities a facelift, will also expand and modernize its Saint Marys Campus in Rochester, Minnesota, where the health system is based.

Arrhythmia Research Technology rebrands itself Micron Solutions

Fitchburg, Massachusetts-based Arrhythmia Research Technology is rebranding itself Micron Solutions as a way to better align itself with Micron Products, the subsidiary it fully owns that produces medical device components through machining and injection molding. 

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45% of cardiometabolic deaths in U.S. associated with suboptimal diet

In 2012, more than 45 percent of cardiometabolic deaths in the U.S. were associated with suboptimal intakes of 10 dietary factors, according to a comparative risk assessment model.

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45% of U.S. population may have cardiovascular disease by 2035 at a cost of $1.1 trillion

Cardiovascular disease remains a challenging condition not only from a patient perspective, but from a financial perspective, as well.

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.