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.

Sunil Rao, MD, FSCAI, 2022-23 President of the Society of Cardiovascular Angiography and Interventions (SCAI), and director of interventional cardiology NYU Langone, explains efforts by SCAI to address the shift in interventional procedures from hospitals to less expensive ambulatory surgical centers (ASC).

Maintaining quality is key as more cardiac procedures migrate to outpatient ASCs

SCAI President Sunil Rao, MD, discussed the group's efforts to address the shift in interventional procedures from hospitals to less expensive ambulatory surgical centers.

April 10, 2023
Brain imaging artificial intelligence is a primary area of concentration for AI because oif the critical nature of fast detection and treatment for patients. This is an example of the AI applications displayed by third-party advanced visualization vendor TeraRecon at RSNA 2022.

What is the ROI on AI adoption in radiology?

Radiology makes up the vast majority of FDA-cleared AI algorithms, but with minimal or no reimbursement, hospital administrators may ask whether AI’s value justifies its expense.

April 6, 2023
Damaged Organ

Medtronic, DaVita launch new kidney health company

"Mozarc Medical's focus will be on meaningful and innovative kidney health technologies that improve the overall patient experience and increase access to care globally," CEO Ven Manda said. 

April 6, 2023
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Industry groups applaud bill connecting Medicare payments to inflation

Healthcare groups are applauding a bill in the House of Representatives that would ensure Medicare payments are tied to inflation.

April 6, 2023
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$300M research fund will focus on Alzheimer’s

The research fund aims to track the health of Americans for decades, with the intent of housing the long-term health information of 70% to 90% of the population.

April 5, 2023
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CMS finalizes 2024 MA payment rule with rate bump

According to CMS, MA plans will see an average payment increase of 3.32% from 2023 to 2024, worth approximately $13.8 billion in increases for next year.

April 3, 2023
A list of cardiovascular drugs a patient is taking in a graphical format in the Cardioviso atrial fibrillation patient management application GE Healthcare showed at ACC.23.#ACC23 #ACC

Lawsuit slams PBMs Cigna, Humana as price-fixing ‘modern gangsters’

“Medications shouldn’t cost an arm and a leg, metaphorically or literally,” says Ohio Attorney General Dave Yost “Insulin is just a symptom of the problem; PBMs are the disease.”

 

March 28, 2023

Nearly all health leaders are investing in software this year

A whopping 94% of health leaders in the survey said they plan to invest in software this year, partly to fend off clinician burnout and a looming recession.

March 27, 2023

Around the web

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

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. 

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

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