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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Circulation journal names new editor-in-chief

Chris Semsarian, PhD, MPH, has been announced as the newest editor-in-chief of the American Heart Association’s journal Circulation: Genomic and Precision Medicine.

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Patient deaths, battery failures push recall of Cardiosave intra-aortic balloon pumps

Maquet and Datascope issued a nationwide recall of 22,853 intra-aortic balloon pumps July 23 following reports of five patient deaths and numerous battery failures.

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Bill Nelligan, 27-year CEO of the ACC, dies at 92

The American College of Cardiology this week announced that William D. Nelligan, III, CAE, FACC, passed away July 23 in Rockville, Md. Nelligan was a longtime leader of the ACC and was affiliated with the College for nearly three decades.

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CKD patient slapped with $540K dialysis bill

A 50-year-old personal trainer and his wife, a physician in Plains, Mont., are struggling to afford a hospital bill totaling more than half a million dollars after insurance failed to help cover the man’s critical 14-week dialysis treatment, NBC News reports.

Insurers reject 2/3 of high-risk PCSK9i candidates

Nearly two-thirds of high-risk patients prescribed PCSK9 inhibitors to lower their risk of familial hypercholesterolemia and ASCVD are rejected coverage for the drugs by their health insurers, a new study alleges.

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University of Chicago to pay $2.6M to settle CV malpractice suit

The University of Chicago has agreed to pay $2.6 million to settle a malpractice lawsuit claiming the actions of its cardiology staff in July 2014 led to the untimely death of a 61-year-old heart patient.

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Lax salt regulations in UK responsible for 9.9K CVD, 1.5K cancer diagnoses

A study out of the U.K. has found that, after the nation’s Food Standards Agency relaxed its sodium content regulations in 2011, Brits saw a simultaneous—and related—rise in cases of cardiovascular disease and stomach cancer.

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Upskilling Could Be an Ideal Rx for Healthcare’s Employment Woes

Developments within and beyond healthcare have created a need for workers with upgraded skillsets. Upskilling might help fulfill this need.

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.