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.

AHIMA lists 3 ways to better prepare for audits

In a recent article from the American Health Information Management Association (AHIMA), experts discussed three possible methods to reduce the increasing amounts of audits received by providers and health information management professionals.

Moody’s reports medical device industry may see up to 5% growth

The future of the medical products and device industry is brightening, according to Moody’s investors Service, which upgraded its outlook from stable to positive. Moody’s predicts “continued product innovation” and synergies from acquisitions will drive growth of earnings before interest, depreciation and amortization (EBITDA) of between 4 and 5 percent over the next 12 to 18 months.

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7 findings on precision medicine's advancements—despite barriers

Oracle Health Sciences has announced the findings of a study outlining current and future plans, as well as barriers, for precision medicine and its impact on life sciences and healthcare communities.

Nihon Kohden Launches NK-HIQ Wireless Patient Monitoring System at HIMSS18

Nihon Kohden has announced the commercial launch of its NK- HiQTM Wireless Patient Monitoring System, a smart, secure data acquisition and management platform that leverages Wi-Fi technology to provide safe continuous patient monitoring in the hospital setting. With a suite of fully featured central station, bedside, transport and wearable patient monitors, the system captures and manages patient data from admission to discharge, seamlessly throughout the enterprise. The company will showcase its NK-HiQ system at Nihon Kohden’s HIMSS18 booth (10925) in Las Vegas, March 5–8.

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Internet searches about heart disease track geographical, seasonal hospitalization trends

Internet searchers of common heart disease symptoms closely resemble geographic and seasonal trends of coronary heart disease hospitalizations, according to a study to be presented at American College of Cardiology's 67th Annual Scientific Session.

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Shared decision-making decreases rates of LVAD

Researchers at the University of Colorado Anschutz Medical Campus have found shared decision-making making between patients and providers could improve the quality of final decisions made in high-risk situations. Findings were published online Feb. 26 in JAMA Internal Medicine.

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How a Chicago health system is tackling racial disparities

To tackle health disparities between Chicago’s West Side and wealthier, predominantly white neighborhoods elsewhere in the city, Rush University Medical Center is leading a group of nine hospitals and health systems to make investments and hire people from disadvantaged communities.

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Stress harms staff ability to deal with disasters

Lack of motivation and increased levels of clinical staff stress could lead to hospitals shutting down during major incidents like a flood or earthquake, according to a study published in Procedia Engineering.

Around the web

Updated compensation data includes good news for multiple subspecialties. The new report also examines private equity's impact on employment models and how much male cardiologists earn compared to females.

When drugs are on the FDA’s shortage list, outsourcing facilities can produce their own compounded versions. When the FDA removed tirzepatide from that list with no warning, it created a considerable amount of chaos both behind the scenes and in pharmacies all over the country. 

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. 

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