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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CTA, ACC announce new plan to help device manufacturers connect with cardiologists

Representatives from Google Health, Philips, Samsung, Abbott and Omron have been invited to contribute to the new collaboration. 

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Family of singer Chris Cornell settles malpractice lawsuit with cardiologist

The singer's family originally filed the lawsuit in November 2018.

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Considering vitamin supplements to prevent heart disease or cancer? Not so fast, USPSTF warns

The USPSTF said there is not enough evidence to recommend for or against taking supplements to prevent CVD or cancer. The two exceptions are vitamin E and beta-carotene, which the group warned should not be taken for that purpose. 

Low-value care, including CVD screening for low-risk adults, costs Medicare providers $478M per year

The study’s authors tracked data from 2007 to 2016, focusing on seven low-value services that all received a “D” recommendation from the USPSTF. 

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CMS recommends additional payment for using Shockwave’s IVL technology in hospital setting

CMS included the recommendation in its FY 2022 IPPS proposed rule.

Cardiologists push for new patient ID policies, citing multiple benefits

The American College of Cardiology and American Heart Association are among dozens of groups fighting to overhaul patient identification policies. 

healthcare value value-based care money dollar

Digital health company raises $12.5M to make new hires, ramp up production of heart monitoring devices

The company specializes in capturing, managing and evaluating data generated by remote cardiac monitoring devices. 

Humana

Humana agrees to take second look at panned payment change labeling PET/CT as ‘investigational’

The American Society of Nuclear Cardiology recently met with the Louisville, Kentucky, insurer, which shared an openness to reviewing a recent coverage determination. 

Around the web

Ron Blankstein, MD, professor of radiology, Harvard Medical School, explains the use of artificial intelligence to detect heart disease in non-cardiac CT exams.

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.