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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ACVP: Dont fear the RAC

Orlando, Fla.Cardiovascular Business News sat down with Patricia Dear, president of EduTrax, an online coding, compliance and billing resource for healthcare providers, to discuss Medicares recovery audit contractors (RACs), who make a percentage of overpayment monies they recover for the government. Dear was a speaker at the annual meeting of the Alliance for Cardiovascular Professionals (ACVP) in March.

CT scans change treatment plans in ER patients with suspected appendicitis

CT scans change the initial treatment plans of emergency physicians inmore than one-quarter of patients with suspected appendicitis,according to a study published in the October issue of the American Journal of Roentgenology.

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Around the web

AI in Healthcare
4 ways HHS plans to help shape a national strategy for healthcare AI

HHS has thought through the ways AI can and should become an integral part of healthcare, human services and public health. Last Friday—possibly just days ahead of seating a new secretary—the agency released a detailed plan for getting there from here.

Cardiovascular Business
FDA announces recall after Philips heart monitor software failed to send alerts—multiple deaths reported

Philips is recalling the software associated with its Mobile Cardiac Outpatient Telemetry devices after certain high-risk ECG events were never routed to trained cardiology technicians as intended. The issue, which lasted for two years, has been linked to more than 100 injuries. 

Cardiovascular Business
Why electrophysiologists needed a champion in Washington

Heart Rhythm Society President Kenneth A. Ellenbogen, MD, detailed a new advocacy group focused on improving EP reimbursements, patient care and access. “If you’re not at the table, you’re on the menu," he said.