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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Study: Same-day discharge saves $5K per elective PCI

Same-day discharge following elective percutaneous coronary intervention (PCI) was safe and resulted in more than $5,000 in savings per procedure, according to an analysis of operations performed from 2006 through 2015. Yet only 9.1 percent of interventions that were studied achieved same-day discharge, representing an opportunity to trim healthcare costs in the United States.

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Connecticut cardiologist sentenced to prison time, $500K fine for insider trading

A Weston, Connecticut, cardiologist was sentenced to six months in prison and handed a $500,000 fine this week after illegally trading stock in a life sciences company, the Associated Press reports.

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Most countries won’t meet UN's 2030 target for reducing NCD deaths

The majority of the world’s countries aren’t on track to meet the United Nations' target of reducing premature deaths from noncommunicable diseases (NCDs) by a third by 2030, researchers report in the current edition of the Lancet.

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Stroke centers may be penalized for accepting sicker transfer patients

Risk-adjustment models assessing hospitals’ stroke outcomes should include patient transfer status, argue the authors of a new study, who found centers that accepted more transfer patients treated a sicker population and experienced higher mortality rates.

US counties with denser Hispanic populations see more CVD death

U.S. counties heavily populated by Hispanics see higher rates of cardiovascular death than more diverse communities, according to a Journal of the American Heart Association report—a phenomenon that’s likely owed to a combination of language barriers, economic disadvantages and lack of access to quality healthcare.

‘Disgust and disappointment’: Yale cardiologist found guilty of sexual harassment receives endowed chair

A Yale University cardiologist found guilty of sexual harassment five years ago received an endowed chair this summer—an accolade Yale itself claims “is widely recognized as the most prestigious honor a university can bestow on an accomplished faculty member,” the Washington Post reports.

Study shows ‘opportunistic’ price increases of hospital drugs

The prices of 90 different drugs increased at double their normal rate once shortages occurred, a new study found—and the increases were even greater for those with three or fewer suppliers.

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When Patients Can’t Afford Care: Tackling the Rising & Shifting Costs of Healthcare

Patients are responsible for a growing portion of healthcare costs. In some cases, that responsibility has become untenable, leading patients to delay or avoid care, or to leave their providers with unpaid bills. In their search for solutions, hospitals and practices are trying a variety of interventions.

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.