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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Staffing marketplace raises $80M, reaching 'unicorn' status

New investors for this funding round included Kaiser Permanente, a star athlete and social media personalities. 

August 17, 2022
During the 2022 State of the Union address, President Biden outlined a new plan to combat COVID-19 by testing and immediate treatment, plans to reduce drug costs, the need for more mental health coverage, and a call for more cancer research under an NIH program.

Biden signs Inflation Reduction Act into law—what does it mean for healthcare?

The act is Biden’s third major piece of legislation to sign into law since the start of his term, and it accomplishes a healthcare task the Democrats have been wanting for years: enabling Medicare to negotiate prescription drug prices.

August 17, 2022
Money dollar investments

Cardiologists earn the highest average salary in all of healthcare

The new report, based on data from the U.S. Bureau of Labor Statistics, once again highlights the fact that cardiology is associated with high demand and high compensation in today's market. 

August 16, 2022

Boston Scientific acquires startup behind new FDA-cleared embolization technology

The new hydrogel material was designed to immediately conform to the patient's body and create a barrier.

August 15, 2022
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. 

Healthcare executive salaries up in 2022

Healthcare executives are enjoying higher compensation in 2022 thanks to an increasingly competitive job market.

August 12, 2022
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How would the proposed 2023 MPFS impact your cardiology practice? Use this free tool to find out

The American College of Cardiology has developed a helpful calculator that allows cardiologists and practice managers to estimate just how much the proposed 2023 MPFS could impact their practice.

August 11, 2022

AI's impact on cardiology continues to grow, leading to $1.6B in business deals in 2021 alone

A new report by data analysts highlights a trend many in cardiology have already noticed: the continued prominence of AI-powered solutions designed to diagnose and treat CVD. 

August 10, 2022
Target health care costs.

Only 16% of hospitals complying with price transparency rules

Few hospitals are actually complying with price transparency rules nearly two years after they were implemented.

August 10, 2022
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Around the web

Cardiovascular Business
Cardiology groups share key update: ABMS seeking feedback on proposed Board of Cardiovascular Medicine

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

Cardiovascular Business
Cardiologists, thoracic surgeons applaud FTC’s ban of most noncompete clauses

The Society for Cardiovascular Angiography & Interventions and Society of Thoracic Surgeons have both shared statements in support of the ban, which is already being challenged in court. The American Hospital Association, meanwhile, opposes the policy shift, saying it “errs by seeking to create a one-size-fits-all rule”

Cardiovascular Business
Why the business side of cardiology was a key focus at ACC.24

Alison Bailey, MD, co-chair of the business of cardiology sessions at ACC.24, emphasized that reimbursement cuts can have a long-term negative impact on patient. 

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