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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Cardiologists, other healthcare providers speak out against ‘detrimental’ cuts included in MPFS final rule

A large coalition, including several cardiology groups, is asking Congress to pass legislation that would help protect healthcare providers from the final rule's "arbitrary" Medicare cuts. 

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68% of insured adults have received surprise medical bills—and many can’t afford to pay them

In addition, 49% of U.S. adults said the fear of unexpected bills keeps them from seeking care. 

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CMS announces major Stark Law updates designed to help cardiologists, other providers work together

CMS has been considering such changes for years, hoping to reduce paperwork and encourage collaboration. 

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Top nuclear imaging group ‘strongly disagrees’ with Humana’s decision to refuse coverage for PET/CT

The Society of Nuclear Medicine and Molecular Imaging said the move denies patients access to potentially lifesaving technologies.

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Delaware cardiology practice to pay $500K to resolve fraud allegations

The alleged wrongdoings, reported by a whistleblower, occurred from April 2014 to March 2020.

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Patients settle with Indiana cardiology providers for $66.5M over malpractice claims

The settlement comes at the end of a lengthy legal battle that made national headlines.

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Patient groups urge U.S. Supreme Court to uphold Affordable Care Act

The American Heart Association, American Cancer Society and other patient advocacy groups emphasized the important link between health insurance coverage and patient outcomes. 

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Corruption or coincidence? Physicians use cardiac devices made by manufacturers who pay them the most

More than 4,000 physicians were included in the study, and 94% of them had received payments from at least one device manufacturer. The median payment received was $1,211.

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.