Cardiac surgeon compensation is up 11%, according to new survey data from MedAxiom and the American College of Cardiology. Vascular surgeons experienced an increase in pay as well, but it was much smaller.
Once the deal closes, BioReference and its FDA-approved 4Kscore Test—currently owned by Opko Health—will become part of Labcorp, allowing it to expand its blood testing capabilities.
Cardiologists appear to be thriving in the face of adversity. Even as the specialty juggles an aging population, a workforce shortage and unfavorable reimbursement policies, compensation and productivity continue to climb.
The Centers for Medicare & Medicaid Services said the cancelled payments are linked to people enrolled twice in the system, as well as those found to be deceased. Determinations are subject to a 30-day appeal of any errors made during the purge.
Humana, the parent company of CenterWell, revealed the deal on Tuesday. Per the terms, BlackRock will take over the majority ownership of 150 clinics, with promises to make new investments aimed at promoting growth.
The company does not admit to wrongdoing, but was accused by the U.S. Department of Justice in 2024 of unlawful prescriptions for controlled substances, going on to bill Medicare and other government health programs.
William Holding, a veteran healthcare consultant, spoke to Cardiovascular Business about the ever-changing cardiology industry. Should private practices seek a deal or stay independent? How has private equity impacted the market? He answered those questions and many more.
The “Lower Premiums, Faster Payments Act” from Rep. Frank Pallone (D-NJ) would eliminate the independent dispute process completely. Its proposal comes after recent indication that the No Surprises Act lacks teeth.
