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.

Cardiologist salary update: Compensation jumps to $525K per year, No. 3 among all specialties
In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties.
Recent Rite Aid store closings exceed 200
Right Aid is turning out the lights in 53 more stores across nine states.
The growing shortage or general cardiologists and recruiting crisis in rural America
There is a rapidly growing shortage in general cardiologists and for positions in rural areas, numerous healthcare system recruiters set up at the ACC reported.
CMS proposed rule would boost Medicare inpatient rates by 2.6%
CMS has issued a proposed rule that would result in a net increase of 2.6% to the Medicare inpatient prospective payment system rate for fiscal year 2025, a raise that hospital trade groups say doesn’t go far enough.
Critics call out ‘woefully inadequate’ CMS proposal for inpatient Medicare payments
CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open.

Amazon is acquiring One Medical in a $3.9 billion deal

Amazon to acquire One Medical for $3.9B

Amazon is taking another big step into the healthcare space, announcing its plans to acquire technology-forward primary care organization One Medical for a whopping $3.9 billion.

July 21, 2022

The highest starting salaries among U.S. physicians

Starting salaries for specialist physicians have mostly increased over the last year. Demand for those specialists is also on the rise.

July 18, 2022

$Medtronic CathWorks FFRangio FFR fractional flow reserve x-rays$

Medtronic invests $75M in AI-powered FFR specialists, opening door to a future acquisition

The FFRangio System, which uses AI to obtain fractional flow reserve (FFR) measurements from routine X-rays, is at the center of this new partnership

July 13, 2022

Proposed Medicare Physician Fee Schedule includes payment cuts

The CMS proposal was met with immediate criticism from the American Medical Association.

July 8, 2022

California will make its own insulin to increase affordability

The plan will allow California to offer insulin at a cheaper price, “closer to cost,” Governor Gavin Newsom said in a video announcement on Twitter July 7.

July 8, 2022

Job cuts on the rise among healthcare workers

The healthcare industry was among those with the most cuts across the entire economy.

July 7, 2022

Francisco Partners completes $1B buyout of IBM Watson Health

Francisco Partners will keep the business as a standalone entity under the moniker Merative.

July 6, 2022

Twenty-three percent of cardiologists have a net worth of more than $5 million, No. 5 among all specialties, according to a new report. A majority of cardiologists also said they have had no significant financial losses in the last year. What are cardiologists paid? How much do cardiologists make?

Patient data company PicnicHealth raises $60M

PicnicHealth plans to build 30 new patient-centered real-world data cohorts with the funding.

June 28, 2022

Around the web

Cardiovascular Business

Cardiologist salary update: Compensation jumps to $525K per year, No. 3 among all specialties

In addition, cardiologists average an additional $75,000 per year in incentive-based bonuses. That number is only higher for two other specialties.

Cardiovascular Business

Critics call out ‘woefully inadequate’ CMS proposal for inpatient Medicare payments

CMS has issued its proposed rule for the 2025 Medicare hospital inpatient prospective payment system, suggesting a payment increase of 2.6%. According to the American Hospital Association, this update would not be enough at a time when hospitals are already struggling to stay open.

Cardiovascular Business

Johnson & Johnson to acquire Shockwave Medical for $13.1B

The rumors, it seems, were true. Once the deal is finalized, Shockwave Medical will operate as a business unit within Johnson & Johnson MedTech.

Economics

Cardiologist salary update: Compensation jumps to $525K per year, No. 3 among all specialties

Recent Rite Aid store closings exceed 200

The growing shortage or general cardiologists and recruiting crisis in rural America

CMS proposed rule would boost Medicare inpatient rates by 2.6%

Critics call out ‘woefully inadequate’ CMS proposal for inpatient Medicare payments

Around the web