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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heart surgery surgeons

Baylor, others paying $15M over DOJ allegations they ‘gambled’ with heart patient health

According to a whistleblower, multiple Texas healthcare providers put complex heart surgeries in the hands of unqualified trainees without proper supervision. The $15M being recovered is the largest amount ever for a case of this kind. 

Jason Wasfy, MD, associate professor at the Harvard Medical School and director of quality and outcomes research, Massachusetts General Hospital Heart Center, spoke at the Heart Rhythm Society 2024 meeting in the business of cardiology sessions about the current and future models of value based payments.

Value-based care gives cardiology practices an opportunity to thrive

Value-based payments can impact cardiology practices in many ways, helping cardiologists acquire new technology and boost patient care.

Healthcare growth slows, but June adds 49,000 new jobs

For the last year, the average monthly growth has been 64,000 new jobs. However, healthcare continues to outpace most other sectors of the economy.

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Cano Health emerges from bankruptcy, achieves $270M in cost reductions

On June 28, a court approved the company’s restructuring plan. Cano Health initially filed for bankruptcy in February 2024.

healthcare business deal

Tracking private equity: Cardiologist, CEO share perspective on acquisition trends

The ongoing rise of private equity continues to be one of the biggest topics in modern healthcare. 

merger acquisition M&A business

Private equity in cardiology: 4 key takeaways from a 10-year analysis

Tracking private equity acquisitions can be challenging, but that didn't stop researchers from exploring the last decade of activity in cardiology. "It will be critical to monitor the effects on procedural utilization, quality and outcomes for patients with CVD,” the group wrote. 

Steward Health Care deployed spy outfits to thwart critics

The failing health system allegedly hired intelligence firms that put a tracking device on a car, accessed a personal smartphone to find lurid information on an executive and attempted to frame a politician for bribery.

Walmart Health clinic in Florida

Walmart sells virtual care business to Fabric

MeMD offers on-demand telehealth services to more than 5 million patients. Fabric said the buyout will be a smooth transition with no impact on patient care.

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Around the web

Cardiovascular Business
Cardiology groups cheer new bill that would improve access to Medicare claims data

If passed, this bill would help clinician-led clinical registries explore Medicare data for research purposes. The Society of Thoracic Surgeons and American College of Cardiology both shared public support for the bipartisan legislation. 

Cardiovascular Business
Watchdog group, fearful of fraud, wants more oversight for remote patient monitoring

Cardiologists and other physicians may soon need to provide much more information when ordering remote patient monitoring for Medicare patients.

Cardiovascular Business
Most recalled cardiovascular devices gained FDA approval with little to no clinical evidence

Why are so many cardiovascular devices involved in Class I recalls? One possible reason could be the large number of devices hitting the market without undergoing much premarket clinical testing. 

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