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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American Heart Association awards $10.6M to researchers investigating the long-term cardiovascular effects of COVID-19

The grants went to 11 different research teams in the United States and are expected to fund these projects for three years.

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Significant disparities exist in utilization of self-scheduling radiology exams, research shows

Researchers revealed that less than 1% of more than 46,000 patients took advantage of online self-scheduling tools.

Cardiology’s average salary climbs to $490k, No. 3 among all specialties

This continues a consistent rise in pay for the specialty—the same report recorded cardiology’s average salary as $459,000 in 2021, $438,000 in 2020 and $430,000 in 2019.

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AI boosts performance of novice nurses when assessing pregnant patients via ultrasound

Using a handheld probe and smartphone, nurse midwives were able to estimate gestational age as accurately as certified sonographers.


 

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Radiologist pay hits $437,000, good for 8th place among highest earning physician specialists

This marks the 1st time in the survey’s 11-year history that physicians across all areas of expertise earned a pay increase, including radiologists, who gained 6%, Medscape reported Friday.  

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New York grants nurse practitioners full practice authority, despite radiologist opposition

The move allows Empire State NPs to order and interpret diagnostic tests without requiring a written practice agreement from a physician. 

Ranna Parekh, MD, is the diversity and inclusion officer at the American College of Cardiology (ACC) and will soon switch to that role at MD Anderson Cancer Center.

MD Anderson appointed a chief diversity, equity and inclusion officer

The University of Texas MD Anderson Cancer Center has hired Ranna Parekh, MD, as its chief diversity, equity and inclusion officer (CDEIO), who currently serves as the inaugural chief diversity and inclusion officer at American College of Cardiology (ACC) .

Newly Designed Children’s Emergency Department Opens at The Mount Sinai Hospital

The Mount Sinai Hospital has announced the completion of a $70 million full renovation of its children’s emergency department (ED), and a newly redesigned area for walk-in, low-acuity adult patients.

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Around the web

Cardiovascular Business
Q&A: MedAxiom CEO explores key trends in cardiologist, cardiovascular surgeon compensation

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

Cardiovascular Business
Payment cuts and beyond: Key takeaways for cardiologists from the 2025 Medicare Physician Fee Schedule

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

AI in Healthcare
A modest proposal to rally AI regulators around a simple game plan

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”