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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Skeptics worry heart drug is overhyped based on limited info

Biopharmaceutical company Amarin announced top-line results for its purified eicosapentaenoic acid (EPA) product in September, hailing the 25 percent risk reduction in a composite of cardiovascular outcomes associated with icosapent ethyl (Vascepa). But critics who commented on the results to Kaiser Health News worried the excitement over the trial is premature.

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Amid immigration debate, Vanderbilt pediatric cardiologist credits 14th amendment for career

Following President Trump’s recent comments about rescinding birthright citizenship in the U.S., one pediatric cardiologist is speaking out about his own history and career at Vanderbilt—a career, he says, that wouldn’t be possible without the 14th amendment.

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Cardiologist gets jail time for implanting unnecessary pacemakers, defrauding Medicare

A London, Kentucky, cardiologist was sentenced to 42 months in federal prison Oct. 31 after reportedly implanting “dozens” of unnecessary pacemakers and defrauding both his patients and their insurers, U.S. Attorney Robert M. Duncan, Jr., has announced.

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ROI tool helps communities craft cost-effective CVD prevention plans

The British government has released a new return on investment (ROI) tool to help guide local commissioners in preventing cardiovascular disease and cutting healthcare costs in their communities, Public Health England (PHE) announced last week.

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Viewpoint: Academic missions, physicians suffer in RVU system

The relative value unit (RVU)-based compensation model in U.S. academic medical centers can twist incentives and prioritize clinical productivity over research and teaching, three researchers argued in a viewpoint published Oct. 20 in the European Heart Journal.

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Amgen cuts price of PCSK9 inhibitor by 60%

Amgen is slashing the list price of its PCSK9 inhibitor evolocumab (Repatha) by almost 60 percent, the company announced Oct. 24.

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Cardiology malpractice suits up 91% from a decade ago

Rates of malpractice lawsuits in cardiology have followed a slow upward trajectory for the past decade and are continuing to climb, according to a review of more than 1,500 liability claims published in the American Journal of Cardiology.

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FDA axes bid to add CVD indication for canakinumab

The FDA rejected Norvartis’ bid to expand the indications for canakinumab to include cardiovascular risk reduction among heart attack survivors, Reuters reported Oct. 18.

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.