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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CMS finalizes coverage guidelines for TAVR

CMS on June 21 issued its finalized national coverage determination for TAVR—one that reportedly offers greater flexibility for hospitals and providers.

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Nevada cardiology practice shells out $2.5M to settle Medicare kickback claims

Las Vegas’ Nevada Heart & Vascular Center agreed to pay $2.5 million this week to settle claims that its physicians referred patients for genetic testing in exchange for kickbacks from the testing companies, KTNV Las Vegas reported June 19.

Wealth, debt and spending: How cardiologists manage their money in 2019

Cardiologists’ salaries are up, their savings are steady and their debt is minimal, according to Medscape’s annual Cardiologist Wealth and Debt Report.

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Cardiologist found guilty of billing insurers $13M for needless angina treatments

An eight-day trial and two-hour jury deliberation has culminated in the conviction of Pennsylvania cardiologist Samirkumar J. Shah, who on June 14 was found guilty of two counts of healthcare fraud for falsely billing insurers for unnecessary angina treatments.

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Eli Lilly stocks down, Novo Nordisk stocks up after REWIND data goes public

Eli Lilly stocks are down 1.4% in premarket trading this week after the company announced the results of its long-awaited REWIND study, Barron’s reported.

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ACC, Veradigm partner to create largest ambulatory chronic disease network in the US

The American College of Cardiology is partnering with Chicago-based company Veradigm to assemble the largest-ever ambulatory chronic disease network in the U.S., comprising more than 250,000 clinicians and 100 million patients.

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Latest analysis of evolocumab suggests the drug is—finally—affordable

An updated cost-effectiveness analysis of evolocumab suggests that while treatment with the PCSK9 inhibitor may always be somewhat costly, it remains effective in hard-to-treat patients and its reduced list price meets cost-effectiveness thresholds across a range of CV events in patients with very-high-risk atherosclerotic CVD.

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Trouble at UNC: State launches investigation into pediatric heart surgery program

Prompted by a New York Times deep-dive into elevated death rates at North Carolina Children’s Hospital, North Carolina’s secretary of health on May 31 called for an investigation into the hospital’s pediatric heart surgery unit.

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.