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.

Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule.

Hospitals still facing financial struggles in 2023

Hospital margins were -1% in January 2023, compared to -0.7% in December 2022.

February 28, 2023

When the American College of Cardiology and American Heart Association collaborated on new valvular heart disease (VHD) guidelines in 2020, the two groups highlighted the importance of interventional treatment options such as transcatheter aortic valve replacement (TAVR). However, an estimated one-third of patients with severe aortic stenosis (AS) in the U.S. still lack a guideline-recommended treatment plan, dramatically lowering their chances of survival. Doctor at computer

Hospital CEO turnover is on the rise

The number of CEO changes at U.S. companies rose 12% from December 2022 to January 2023, with hospital CEOs playing a key part in that trend.

February 28, 2023

Pfizer in talks to acquire Seagen in deal worth more than $30B

Pharmaceutical giant Pfizer is reportedly in talks to acquire Seagen, a biotechnology company focused on developing cancer therapies.

February 27, 2023

Humana to leave commercial insurance in favor of government programs

Humana plans to pull out of the commercial insurance space over the next 18 to 24 months.

February 23, 2023

Tim Attebery, DSc, MBA, the CEO of Cardiovascular Associates of America and former CEO of the American College of Cardiology (ACC)

Q&A: Tim Attebery on why private equity-backed management companies are investing in cardiology

The CEO of Cardiovascular Associates of America, and former CEO of the American College of Cardiology, shared his perspective on the rise of private equity investments in cardiology.

February 22, 2023

More hospitals are complying with price transparency law

Even as progress is being made, some lawmakers want to increase penalties on hospitals that do not comply.

February 22, 2023

The integration of artificial intelligence (AI) into radiology PACS and enterprise imaging systems has become a big topic of discussion with IT vendors over the past couple years. This has become a bigger question from hospitals and radiology groups as there are now about 400 radiology related AI algorithms that have U.S. Food and Drug Administration (FDA) clearance. Amy Thompson, a senior analyst at Signify Research, is monitoring radiology AI trends. Photo by Dave Fornell

Trends in the adoption and integration of AI into radiology workflows

Amy Thompson, a senior analyst at Signify Research, explains why AI adoption has been slow in radiology, common barriers and trends in the market.

February 17, 2023

Workforce issues are top of mind for hospital CEOs

Hospitals and health systems have been facing financial pressures, with many experiencing negative operating margins. Workforce pressures in 2022, including staffing shortages and higher costs, have impacted the bottom line.

February 16, 2023

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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