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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Trump’s budget proposal cuts $486M from cardiovascular research

President Trump’s budget proposal for 2020 would negatively impact almost every institute at the NIH, including trimming the funding for the National Heart, Lung and Blood Institute by about $486 million.

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Trump’s budget proposal cuts Medicare spending by $845B over 10 years

President Trump’s proposed “Budget for a Better America” for 2020 would cut Medicare spending by approximately $845 billion and Medicaid spending by approximately $241 billion over 10 years.

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Playing the Long Game: Connect & Collaborate to Tackle Social Determinants of Health

Addressing social determinants of health improves outcomes, possibly providing a return on investment. Margins matter, but it’s a long game, often driven by a sense of mission.

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Relationships Revealed: Companies Paid U.S. Cardiologists $520M in Sunshine Act’s First 3 Years

Receiving payments from industry influenced physicians’ device selection but not patient outcomes, according to researchers who analyzed three years of Open Payment Program data.

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Heart failure readmissions not targeted by HRRP also declined after policy announcement

Even though the Hospital Readmission Reduction Program (HRRP) targeted principal heart failure admissions, a new analysis in the Journal of the American College of Cardiology showed readmissions also declined for patients with a secondary diagnosis of heart failure.

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AHA: FDA must continue Gottlieb's fight against e-cig industry

Following the news that FDA Commissioner Scott Gottlieb, MD, plans to resign in about a month, the American Heart Association released a statement applauding Gottlieb’s efforts to curb the e-cigarette epidemic among the country’s youth.

Prolonged non-face-to-face service: How cardiologists leave money on the table

Prolonged non-face-to-face time, something providers have long considered a part of the job, has only been reimbursable through CMS since 2018. Practices still in the dark about the change are missing a revenue opportunity.

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GE Healthcare IPO ‘unlikely’ in 2019, CEO says

General Electric CEO Larry Culp told CNBC an initial public offering (IPO) for its healthcare unit, GE Healthcare, is unlikely for 2019 following news that the company plans to sell off its biopharma business.

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.