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.

Have $13 to spare? You could’ve bought a hospital

The shuttered Mineral Area Regional Medical Center in Farmington, Missouri, was sold for just $13, according to the St. Louis Post-Dispatch.

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AI detects melanoma in earliest stages

Researchers from the University of Waterloo and the Sunnybrook Research Institute in Toronto have developed machine learning software capable of detecting melanoma skin cancer. This early detection method aims to provide tools necessary to catch and treat skin cancer in its early and most treatable stages.

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What attendees want from vendors at AHIMA 17

An expanded vendor hall is one of the draws for repeat attendees at this year’s American Health Information Management Association (AHIMA) conference, being held in Los Angeles from Oct. 7-11. Attendees are expecting to find “anything that makes their job easier,” according to group’s vice president of health information management (HIM) practice excellence, Lou Ann Wiedemann, MS.

Harvard Health, Outcome Health partner with aim to improve digital care

Harvard Health Publications (HHP) and Outcome Health have joined forces to bring Harvard Medical School (HMS)’s insight to 40,000 waiting and exam rooms through Outcome Health’s digital platform.

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Ascension to acquire Chicago’s Presence Health

Ascension Health, already the largest integrated health system in the U.S. by number of facilities, will grow larger by acquiring Chicago-based Presence Health, the largest Catholic health system in Illinois.

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Frequent messaging improves diabetes management

Communication between patients and providers through secure patient portals offers an extension of care. A study published in Diabetes Care showed patients with diabetes using secure messaging for medical advice have improved levels of management.

Innovations for the improvement of patient identification

Maintaining accurate patient records is key to providing high quality care without errors, yet many of the electronic records stored by healthcare organizations cannot be transferred from one hospital to another. A study published in the Journal of AHIMA examined innovations to improving real-time patient identification and record matching to ensure accurate records.

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3 things to know about Moody’s hospital report

Moody’s Investor Service released its latest review of financial performance for the 323 not-for-profit hospitals it rates on Aug. 21, showing tighter profit margins and a milestone being reached for outpatient revenue in 2016 while retaining a stable outlook for the sector.

Around the web

Stryker, a global medtech company based out of Michigan, has kicked off 2025 with a bit of excitement. The company says Inari’s peripheral vascular portfolio is highly complementary to its own neurovascular portfolio.

RBMA President Peter Moffatt discusses declining reimbursement rates, recruiting challenges and the role of artificial intelligence in transforming the industry.

Mark Isenberg, executive vice president of Zotec Partners, discusses key developments that will reshape the specialty this year.