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.

Utah Supreme Court paves way for thousands to seek legal action against cardiologist

A Feb. 18 decision by the Utah Supreme Court means that more than 1,000 patients are free to pursue claims against Salt Lake City cardiologist Sherman Sorensen, who’s been accused of performing hundreds of unnecessary PFO and ASD closures.

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America’s most expensive CV drug needs a 93% price cut

A 92.6% reduction in the list price of tafamidis—an effective but ultimately unaffordable drug designed to treat transthyretin amyloid cardiomyopathy—would be required to make the medication accessible to the average heart patient, researchers reported in Circulation Feb. 12.

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Tenet Healthcare agrees to pay $1.4M to settle unnecessary implantation allegations

Tenet Healthcare Corporation and its affiliated Palm Springs, Calif., hospital Desert Regional Medical Center (DRMC) have agreed to pay $1.41 million to the U.S. government to settle False Claims Act allegations that the organization knowingly charged Medicare for unnecessary procedures.

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Cardiologist in legal trouble after failing to diagnose patient’s fatal kidney cancer

A New York appeals court revived a lawsuit Feb. 11 involving a cardiologist who was accused of failing to diagnose a patient’s fatal kidney cancer nearly a decade and a half ago.

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New CV digital health journal names founding editor-in-chief

The Heart Rhythm Society and Elsevier have partnered to launch the Cardiovascular Digital Health Journal, a peer-review, open-access publication that will debut in July.

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AHA advisory underlines need for equitable healthcare in the US

A presidential advisory published by the American Heart Association on Feb. 3 outlines a set of healthcare principles focused on eliminating inequities in the healthcare system, promoting diversity and better addressing social determinants of health.

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Cardiologist acquitted 2 years after facing sexual battery charges

Cardiologist Nelson Mangione has reportedly been acquitted of sexual battery charges that first surfaced in September 2018.

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CVD boosts risk of contracting coronavirus

The World Health Organization has formally declared novel coronavirus, the respiratory outbreak that originated in Wuhan, China, a global emergency.

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.