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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Malpractice suits can cost stroke centers, physicians millions

Malpractice litigation is a risk that’s inherent to acute stroke care, Mount Sinai researchers reported in Stroke this month—and while just over half of cases get resolved, the remainder can cost medical centers millions in payouts.

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Illinois becomes 1st state to mandate EpiPen coverage for kids

Illinois Gov. JB Pritzker signed House Bill 3435 this month, CNN reported—a law that will require insurance companies to cover all costs of EpiPen injections for anyone under 18 years old.

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CMS will no longer cut reimbursement for Impella heart pumps

CMS this month announced that, after continued analysis of Abiomed’s Impella RP system, it will no longer be cutting its reimbursement rate for the heart pump in October.

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Oregon officials push ‘Stop the Bleed’ training in wake of mass shootings

Volunteers in Bend, Ore., are advocating for more widespread “Stop the Bleed” training after back-to-back mass shootings earlier this month left 31 dead, local paper the Bulletin reported August 11.

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Siemens Healthineers acquires Corindus for $1.1B in cash

Corindus Vascular Robotics on August 8 announced it had entered a definitive merger agreement with Siemens Healthineers, which will reportedly acquire Corindus for a price of $1.1 billion.

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Cardiologists sue CBS for defamation, negligence

A court case from half a decade ago reemerged this month after Kentucky-based cardiologists Satyabrata Chatterjee and Ashwini Anand filed a lawsuit against CBS, which featured their case in an August 2018 episode of “Whistleblower."

B. Braun granted breakthrough status for newest DCB catheter

The FDA has granted B. Braun Interventional Systems Inc. breakthrough device designation for its SeQuent Please ReX drug-coated PTCA balloon catheter, the company announced August 1.

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The 10 best hospitals for cardiology, heart surgery in the US

The Cleveland Clinic in Cleveland, Ohio, topped this year’s U.S. News & World Report’s list of the best hospitals for cardiology and heart surgery in the country, published at the end of July.

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.