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.

Federal government will no longer pay for heart transplants for Medicare patients at South Carolina hospital

The federal government will no longer pay to cover heart transplants for Medicare patients at Medical University Hospital in South Carolina, the Post and Courier reports.

Medtronic launches value-based healthcare program in Europe, Middle East, Africa

Medtronic announced a new professional development program in its Europe, Middle East and Africa regions to promote value-based healthcare initiatives.

Cardiovascular disease-related costs may double to $1.1 trillion by 2035

By 2035, an estimated 45 percent of the U.S. population could have cardiovascular disease, and the costs associated with the condition could nearly double from today to $1.1 trillion, according to a new report.

Louisiana Heart Hospital to close by the end of February

Louisiana Heart Hospital will close by the end of the month, The Times-Picayune reports.

Out-of-pocket spending for adults with heart disease, hypertension depends on insurance plan

Adults with heart disease, hypertension and other chronic disease who had a low-deductible or high-deductible plan had greater out-of-pocket spending and more frequent high medical cost burdens compared with those with no-deductible plans.

FDA fast tracks Generx cardiovascular angiogenic gene therapy

The U.S. Food and Drug Administration (FDA) granted a fast track designation for the Generx cardiovascular angiogenic gene therapy, which is being developed as a one-time treatment to improve exercise tolerance in patients with angina.

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Study highlights costs associated with heart failure, acute MI readmissions

The mean length of stays in the hospital were 5.7 days for acute MI and 6.4 days for heart failure, while the mean costs per readmission were $9,424 and $9,051, respectively.

Merit Medical Systems acquires interventional cardiology products for $48 million

Merit Medical Systems announced on Feb. 6 that it had acquired interventional cardiology products from Argon Medical Devices and Catheter Connections.

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.