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 forms partnership with municipal government in China

Medtronic has announced a partnership with a Chinese municipal government to expand access to diabetes treatments.

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Waiting for Closure: Left Atrial Appendage Occlusion & Reimbursement Policy

Months after the U.S. FDA approved a device with the potential to close the source of many atrial fibrillation-related strokes, hospitals, cardiologists and patients find themselves in a holding pattern increasingly common for newly emerging therapies: They are waiting for the CMS to issue a national coverage determination for LAA occlusion.

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Same-day discharge for TAVR marks new procedural milestone

One morning last year, a patient checked into a hospital in Canada as the first TAVR case of the day, and they were discharge by that evening. It was an eyebrow-raising feat for a procedure that typically requires several days of hospitalization.

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Sign of the Times Integrating Healthcare Delivery & Financial Systems

The merger of Pittsburgh’s WPAHS and insurance giant Highmark is a sign of the times and the start of a trend, says Tony G. Farah, MD, CMO of Allegheny Health Network (AHN), now an integrated healthcare delivery and finance system.

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Cost of Adherence: Shared Financial Incentives Lead to LDL Cholesterol Reductions

For patients with cardiovascular disease, the cost of not taking prescribed medications can be worse outcomes, increased hospitalization and even death. Nevertheless, about half of patients who are prescribed statins stop taking them within a year.

Medtronic updates guidance and announces capital allocation plans

Medtronic announced on Jan. 11 that it will return $5 billion to shareholders through share repurchases by the end of fiscal year 2018.

University of Oxford spinout raises money to develop brain aneurysm device

Oxford Endovascular, a medical device company spinout from the University of Oxford in England, has raised £2m (approximately $2.9 million) to develop a small metallic mesh tube to treat intracranial aneurysms.

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Watchman device may be cost-effective, but more research is needed

A recent study suggests the Watchman may save money and be more cost-effective than novel oral anticoagulants in the long-run.

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.