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.

Boston Scientific provides funding for MValve Technologies

Boston Scientific announced on Oct. 8 that it had provided additional financing for MValve Technologies, a company that is developing a percutaneous mitral valve replacement system. Boston Scientific said it has an exclusive option to acquire MValve Technologies, a privately held corporation founded in 2011 with operations in San Diego and Herezeliya, Israel.

October 9, 2015

St. Jude Medical completes Thoratec acquisition to expand its heart failure portfolio

St. Jude Medical completed its acquisition of Thoratec on Oct. 8, expanding its heart failure business and adding products such as the HeartMate II left ventricular assist device.

October 9, 2015
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Express Scripts plans to cover PCSK9 inhibitors on its national formulary

Express Scripts announced it would include the two recently FDA-approved proprotein convertase subtilisin kexin type 9 (PCSK9) inhibitors on its national preferred formulary, which covers approximately 25 million people in the U.S.

October 7, 2015
Tim Casey

Panel set to discuss cost-effectiveness of two heart failure treatments

On Oct. 29 in Oakland, members of the California Technology Assessment Forum (CTAF) are expected to discuss and debate a report on the cost effectiveness of two recently FDA-approved heart failure treatments.

October 7, 2015

Jury convicts Ohio cardiologist of overbilling Medicare by $7.2 million

A jury in Ohio convicted cardiologist Harold Persaud of performing unnecessary tests and procedures and overbilling Medicare and private insurers by $7.2 million.

September 30, 2015

Report: Hospitals and health systems may settle in ICD overuse cases

Hundreds of hospitals and health systems may have settled with the U.S. Justice Department in a probe into the overuse of implantable cardioverter defibrillators (ICDs), according to a Modern Healthcare report.

September 29, 2015

Medtronic Acquires Lazarus Effect

Medtronic plc  (NYSE:MDT) today announced it has acquired Lazarus Effect, a Campbell, Calif.-based and privately-held medical device company focused on acute ischemic stroke products that facilitate the capture and removal of clots.

September 28, 2015

Zoll acquires Kyma Medical Technologies, expands into heart failure

Zoll acquired Kyma Medical Technologies, a Tel Aviv, Israel-based developer of technologies to measure early signs of congestive heart failure. Terms of the deal were not announced.

September 16, 2015

Around the web

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

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

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