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.

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New IT company from McKesson, Change will focus on value-based care

McKesson Technology Solutions has merged with Change Healthcare, retaining the latter’s name for a new IT company aimed at helping payers, providers and customers “as they strive to achieve the best healthcare outcomes as efficiently as possible in this new environment.” 

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McKesson, Change Healthcare finalize new IT company

The creation of a new data and analytics company, combining McKesson’s technology solutions unit with Nashville, Tenn.-based Change Healthcare, has been completed. The merger unites “the majority” of McKesson Technology Solutions with substantially all of Change, with the new company retaining the Change Healthcare name and Neil de Crescenzo as CEO.

80% of patient advocacy groups take money from drug, device companies

The vast majority of the top nonprofit patient advocacy groups accepted donations from manufacturers of pharmaceuticals and medical devices, according to a new study published in the New England Journal of Medicine.

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HIMSS 2017: The connected healthcare revolution has started—but there are obstacles

Connected health using technologies has improved care delivery across the healthcare continuum. In a presentation at HIMSS 2017 in Orlando, Jeroen Tas, chief innovation and strategy officer at Royal Philips, examined the role of technology and barriers organizations may face in implementing connected health technology.

4 ways to improve doctor-patient communication

Improving communication between patients and physicians is easier said than done. A recent study published in the American Journal of Medical Quality outlined how a hospital-wide communication training program was able to improve patients' perceptions by 9 percent.

Apps can boost healthy behaviors, if they properly engage users

Having productive conversations is the baseline in providing high quality care to patients, but can communication reach such a level through an app or website? Researchers conducted a study, published in Human Communication Research, testing the effectiveness of online health tools when using different tones. 

Trial takes a different approach to classifying cancer treatment

A new study called the NCI-MATCH trial that analyzes patients’ tumors to determine whether they contain gene abnormalities for which a targeted drug exists and assigns treatment based on the abnormality has gained popularity since its open enrollment in August 2015.

HIMSS 2017: Wearable-gathered data improves care for seniors

J. Patrick Bewley, CEO of Big Cloud Analytics, and Moulay Elalamy, VP of information technology at Benchmark Senior Living, presented a study at HIMSS 2017 in Orlando on the effects of wearable technology on seniors living in a community center.

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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