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.

Cost-effectiveness of CardioMEMS device for heart failure remains questionable

Patients with heart failure may benefit from treatment with the CardioMEMS device, a miniaturized implantable system that monitors pulmonary artery pressures. However, a recent analysis found that the evidence was lacking because of potential confounders.

St. Jude Medical sues two companies, three individuals for false statements about cardiac devices

St. Jude Medical announced on Sept. 7 that the company had filed a lawsuit against an investment research firm, a startup cybersecurity research firm and three employees of those companies for false statements about St. Jude’s implantable cardiac devices.

Miami cardiologist lists home for $21.99 million

A cardiologist in Miami has listed his three-story, six-bedroom mansion for $21.99 million, The Real Deal reports. The website said that James Margolis, MD, bought the house for $1.1 million in 1990.

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Offering financial incentives may help smokers quit cigarettes, improve health

Recently, it’s become more popular to offer smokers cash or financial incentives to quit the addictive habit. So far, the results have been mixed, although a study of low-income smokers in Switzerland showed that offering money could be effective in certain populations.

St. Jude Medical’s stock falls following short seller’s report on potential hacking issues

St. Jude Medical’s common stock price fell by more 5 percent on Aug. 25 after a research firm announced it had shorted the company’s stock.

Medtronic’s quarterly earnings beat analysts’ estimates

For the first quarter of fiscal year 2017, Medtronic’s revenue decreased 1 percent to $7.166 billion and its non-GAAP diluted earnings increased approximately 14 to 16 percent to $1.03 per share.

Medtronic, HeartWare complete $1.1 billion deal

Medtronic completed its acquisition of HeartWare International on Aug. 22, a deal intended to expand the company’s heart failure business.

Judge rules New Jersey heart center cannot pursue antitrust lawsuit

A federal appeals court ruled that Deborah Heart & Lung Center could not pursue antitrust claims against a group of doctors, the New Jersey Law 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.