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.

Circ: Pediatric congenital heart surgery costs more than adult surgery

Adults undergoing surgeries for congenital heart disease in pediatric hospitals do so at a lofty price tag, according to a report published Oct. 18 in Circulation: Quality and Outcomes. In fact, the researchers found that compared with lower-cost, lower-risk surgeries and more costly surgeries were linked with higher rates of inpatient death.

Think tank: More FDA 510(k) oversight needed, driving innovation overseas

Increasingly burdensome regulatory policy can be blamed for driving research and development of new medical devices outside the U.S., according to the author of an Oct. 12 Competitive Enterprise Institute essay. The piece called for maintaining the 510(k) process and increasing oversight of the FDA.

Survey: More residents getting job offers due to doc shortage

There may not be enough physicians to go around, according to Merritt Hawkins' 2011 Survey of Final-Year Medical Residents." More than 75 percent of new doctors surveyed said that they had received at least 50 job solicitations during their training period, further outlining the nations physician shortage.

Payor/provider medical home piloted in Pittsburgh

Pittsburgh-based payor HealthAmerica and Preferred Primary Care Physicians have launched a pilot program to provide coordinated and patient-centered primary care through improved communications with patients, physicians and care teams.

NEJM: Hospitals may benefit from same-day PCI discharge

Selected low-risk Medicare patients who were discharged the same day that they underwent elective PCI were at no higher risk of death or readmission than patients who remained in the hospital overnight, according to a study published in the Oct. 5 issue of the New England Journal of Medicine. In an interview with Cardiovascular Business, the study's lead author added that the same-day discharge strategy, while not commonly applied, may prove cost-effective for some facilities.

Who Should Own the Medical Home?

Some architects of patient-centered medical home models suggest that a specialist team should lead patient management within the medical home. Others favor primary care physicians. But regardless of who owns the patientand by proxy, the medical homebetter coordination of care is needed.

Building a Medical Home, Piece by Piece

It takes a village to treat the most complex patient, says Mary Norine Walsh, MD, medical director of heart failure and cardiac transplantation at Care Group/St. Vincents Health System in Indianapolis.

Cost-effectiveness results allow ambulatory monitoring to join NICE guidelines

The U.K.s National Institute for Health and Clinical Excellence (NICE) has recommended ambulatory blood pressure monitoring for patients with a raised blood pressure. The addition comes after a modeling study, published Aug. 24 in The Lancet, found that ambulatory blood pressure monitoring was a cost-effective strategy for men and women across all age groups, providing both savings and improvement in quality of life. An accompanying editorial agreed that improved diagnosis offsets the additional cost of ambulatory monitoring and added that changing assumptions in the model might show even more cost savings.

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.