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.

Medtronic hires Mark Ploof as senior vice president

Medtronic hired Mark Ploof as senior vice president of global operations and business operations.

3 reasons patients should call 9-1-1 when having a heart attack

There’s no way to sugar coat it: Ambulance rides are expensive. According to a 2012 report by the U.S. Government Accountability Office, ambulance rides can range from $224 to $2,204 per transport for Medicare beneficiaries. Despite their cost, when experiencing chest pains, the fare is worth the life-saving outcome.

Intensive blood pressure management may be cost-effective

An analysis found that intensive blood pressure management for patients with hypertension and an increased risk for cardiovascular events costs $23,777 per quality-adjusted life-year (QALY) gained.

ACC submits comments to CMS regarding payment proposals

The American College of Cardiology (ACC) submitted comments to the Centers for Medicare & Medicaid Services (CMS) on Sept. 6 regarding the Hospital Outpatient Prospective Payment System (OPPS) for 2017.

FDA investigates allegations against St. Jude Medical

The FDA is investigating allegations about cybersecurity flaws in St. Jude Medical’s cardiac devices, Reuters reports.

Aralez purchases U.S. and Canadian rights to sell Merck’s oral cardiovascular medication

Aralez Pharmaceuticals acquired the rights from Merck to sell vorapaxar (Zontivity) in the U.S. and Canada.

Diabetes medical equipment companies to pay more than $12 million to resolve criminal allegations

Two companies and two executives at those firms agreed to pay more than $12.2 million to resolve allegations that they made illegal, unsolicited telephone calls trying to sell diabetes-related medical equipment to Medicare beneficiaries.

Florida cardiologist mired in Medicare scandal to sell his practice

Asad Qamar, MD, a cardiologist from Florida, is planning on selling his practice, the Wall Street Journal reports.

Around the web

Several key trends were evident at the Radiological Society of North America 2024 meeting, including new CT and MR technology and evolving adoption of artificial intelligence.

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