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.

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Valeant Pharmaceuticals hires Paul Herendeen as CFO

Valeant Pharmaceuticals appointed Paul S. Herendeen as CFO and executive vice president of finance on Aug. 22.

Judge denies BBT’s motion to dismiss a Florida cardiologist’s Chapter 7 bankruptcy filing

A judge in Florida denied Branch Banking and Trust Company’s motion to dismiss a cardiologist’s Chapter 7 bankruptcy case, Bloomberg BNA reports. A medical practice owned by Eze D. Uche, MD, had a mortgage with BB&T and defaulted on the loan before bringing the mortgage current.

Judge sentences New Jersey couple to six years in prison for fraudulent diagnostic testing

Two New Jersey residents were sentenced on Aug. 16 to more than six years in prison apiece for forging physician signatures and writing and interpreting fraudulent reports for diagnostic testing that were never interpreted by a licensed physician.

Financial incentives may help adults quit smoking in the long-term

Providing financial incentives to low-income smokers led to increased long-term rates of smoking cessation, according to a study in Switzerland.

Model finds PCSK9 inhibitors are not cost-effective

A simulation model of U.S. adults found that proprotein convertase subtilisin/kexin type 9 (PCSK9) inhibitors were not cost-effective in patients with heterozygous familial hypercholesterolemia (HeFH) or atherosclerotic cardiovascular disease (ASCVD).

Cardiovascular Systems posts net loss in fourth quarter of fiscal year 2016

For the fourth quarter of fiscal year 2016, Cardiovascular Systems posted a net loss of $4.9 million and $48.4 million in revenue, nearly identical to the same period last year.

Corindus hires J. Aaron Grantham as chief medical officer

Corindus Vascular Robotics announced August 3 that it had hired J. Aaron Grantham, MD, as its chief medical officer.

DOJ investigates Alere, calling Abbott deal into question

The U.S. Department of Justice (DOJ) sent a subpoena to Alere in July seeking records related to patient samples tested at the company’s pain management laboratory in Austin, Texas, in 2010.

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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.

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Use of AI opportunistic screening in CT for cardiovascular disease

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