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Managed care in cardiology
1New England Heart Institute, Manchester, NH, USA.
The Journal of Cardiovascular Management : the Official Journal of the American College of Cardiovascular Administrators
|December 8, 1996
Summary
Cardiovascular disease affects 60 million people, costing over $151 billion annually. High procedural costs in cardiology are under intense scrutiny from healthcare stakeholders.
Area of Science:
- Cardiology
- Health Economics
Background:
- Cardiovascular disease (CVD) impacts approximately 60 million individuals.
- The economic burden of CVD is substantial, exceeding $151 billion annually.
- Specific procedures like coronary artery bypass, angioplasty, and cardiac catheterization represent significant healthcare expenditures.
Purpose of the Study:
- To highlight the significant financial impact of cardiovascular disease.
- To underscore the intense scrutiny faced by the field of cardiology from government, payers, and healthcare purchasers.
Main Methods:
- Analysis of healthcare spending data related to cardiovascular disease.
- Review of current trends in cardiology practice and reimbursement.
Main Results:
- Cardiovascular disease affects a large population segment.
- Healthcare costs associated with CVD are exceptionally high.
- $31 billion is spent on key cardiovascular interventions annually.
Conclusions:
- The high cost of cardiovascular disease necessitates greater efficiency and value in cardiac care.
- Increased scrutiny of cardiology practices by external stakeholders is evident.