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.

The most popular selfie spot at ACC 2023. At one point the first day of the conference, there were about 1,0000 attendees waiting in a line about two football fields long to get a photo in front of the logo. A testament to the first post-COVID pandemic ACC and large numbers of returning clinicians to the in person event. ACC.23 had more attendees and vendor booths than in 0re-pandemic 2019. #ACC23 #ACC

ACC.24 to make the business side of cardiology a priority

While the American College of Cardiology's annual meeting has historically had a more clinical focus, presentations at this year's conference in Atlanta will spend much more time looking at the business side of things. 

Medicare money payment

Medicare will now cover weight loss drug semaglutide if taken for heart benefits

The news represents a meaningful policy shift for CMS. In the past, Medicare prescription drug plans have not covered medications designed to help patients lose weight.

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Powering down interventional imaging systems saves tens of thousands in electricity costs

Making the hypothetical adjustment of switching all idle systems to off overnight and on weekends would save one hospital about $38,000. 
 

scale money prices shopping transparency reimbursement dollar coins

Nearly 15% of claims submitted to private payers are initially denied

Private payers eventually overturned more than half of denials, with the claims paid, but only after “multiple, costly rounds of provider appeals.” 

Going green in the cath lab makes economic sense

New research explored the potential savings of turning off angiography systems at night and on weekends.

Cardiologist heart

A possible remedy for cardiology’s staffing shortages: heart failure internists

Internal medicine physicians spend a lot of time working with heart failure patients. A new commentary in JACC: Heart Failure explored the potential impact of providing IM trainees with special training so that they can deliver additional value.

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Medical image-sharing startup PocketHealth raises $33M in series B financing

Round13 Capital and the investment arms of Samsung and Deloitte all pitched in, with the company using the money to double its workforce within the next two years.

Lee Cooper US Radiology Specialists

US Radiology Specialists names new leader as founding CEO departs

Lee Cooper will take the reins at the private equity-backed practice on April 1 after previously spending nearly 30 years with GE.