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.

Artificial intelligence could be exactly what American healthcare needs

If you believe the American healthcare system is in desperate need of a savior, researchers may have found a solution: the development of artificial intelligence. With computers, smartphones and mobile applications becoming commonplace within health organizations, artificial intelligence is poised to be next on the list of integrated healthcare technology.

Shut it! Keeping OR door closed reduces infections

Preventing surgical site infections could be as easy as shutting the door. Researchers testing air quality in operating rooms (ORs) found that repeatedly opening and closing the OR door increased particle distributions and the risk of contamination.

Erlanger Health projects $1 billion in revenue by 2019

Chattanooga, Tennessee-based Erlanger Health System expects to top $1 billion in annual revenues by 2019, with patient admission projected to increase by 10 percent in the next fiscal year and no signs of that rapid growth slowing down.

Paper test strip allows heart failure patients to monitor disease at home

The nearly six million people living with heart failure face a life of monitoring the disease in the event it worsens. This often involves traveling to a physician on a routine basis, but scientists have opened an avenue to in-home monitoring with a simple paper test strip.

Leaf Healthcare introduces monitoring devices tailored to hospital patients

Monitoring hospital patients requires more than what conventional fitness trackers can offer. Leaf Healthcare unveiled a comprehensive mobility monitoring system at the American Association of Critical Care Nurses' National Teaching Institute and Critical Care Exposition in Houston.

CHS rejects $2.4 billion bid by physician group for Indiana hospitals

Community Health Systems (CHS) has rejected an offer of $2.4 billion to buy out the eight-hospital Lutheran Health Network in Fort Wayne, Indiana.

Orbita and ERT Collaborate to Optimize Data Capture, Insights for Pharmaceutical and Device Trials

Orbita, Inc., a leading provider of voice-first software for connected home healthcare announced today a collaboration withERT to research innovative new approaches to data procurement and management for pharmaceutical and device customers seeking to streamline clinical trials. The collaboration combines the advanced capabilities of ERT’s EXPERT™ technology platform for clinical trial data collection, processing, and analysis with Orbita Voice™, a first-of-its-kind solution for creating conversational applications using intelligent voice agents such as Amazon Alexa and Google Assistant.

Top 5 concerns inflammatory bowel disease patients post on social media

Researchers from Cedars-Sinai have been able to extract primary concerns patients with inflammatory bowel disease (IBD) have about their biologic medications through social media posts. Findings were published in Inflammatory Bowel Diseases, the official journal of the Crohn's and Colitis Foundation.

Around the web

The tirzepatide shortage that first began in 2022 has been resolved. Drug companies distributing compounded versions of the popular drug now have two to three more months to distribute their remaining supply.

The 24 members of the House Task Force on AI—12 reps from each party—have posted a 253-page report detailing their bipartisan vision for encouraging innovation while minimizing risks. 

Merck sent Hansoh Pharma, a Chinese biopharmaceutical company, an upfront payment of $112 million to license a new investigational GLP-1 receptor agonist. There could be many more payments to come if certain milestones are met.