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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Structured Reporting: Boosting Patient Care, Refining Billing

Wolters Kluwer

Akron General Heart & Vascular Center is a leader in STEMI care in Northeast Ohio, each year besting the national average for STEMI mortality rates.

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Hackers & healers: Doctors victims of tax fraud

The blog KrebsonSecurity reported that physicians may be the target of tax fraud cases. Physicians in several states have notified their state medical societies that their tax returns were hijacked, prompting concerns that a national database may have been breached.

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Money talks: How to broach out-of-pocket costs with patients

Physicians should take the pulse on a patient’s financial health as well as medical needs when making care decisions, two physicians proposed in a viewpoint published online April 21 in JAMA. They offered tips to make the process easier.

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Public discourse on payments

The Centers for Medicare & Medicaid Services released data this week on approximately 880,000 physicians who received Medicare payments in 2012. The information is both revealing and misleading.

Payments and politics

An ophthalmologist and cardiologist who emerged as the top receivers of Medicare payments made substantial donations to political efforts, the New York Times reported. “[T]hey have turned to the political system in recent years to defend themselves against suspicions that they may have submitted fraudulent or excessive charges to the federal government.”

Medicare pay: 200 cardiologists clear $1M, with one topping $18M

At least 200 cardiologists received $1 million or more in Medicare reimbursement in 2012, according to data made public April 9 by the Centers for Medicare & Medicaid Services. The top earner’s reimbursement exceeded $18 million.

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Public release of physician payments: Chaos or clarity?

The Centers for Medicare & Medicaid Services (CMS) may begin posting information about physician payments as early as April 9, a move the government says will facilitate transparency and medical groups charge will foster confusion. 

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ACC.14: Race influences downstream costs following stress echo

WASHINGTON, D.C.—Despite access to care, a study of Medicare beneficiaries who underwent stress echocardiography found race significantly impacts downstream two-year cardiac costs, with non-white patients having significantly lower costs, according to a poster presentation at the American College of Cardiology (ACC) scientific session.

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.