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.

Value-based payment models drive physicians to use EHRs to improve care

Physicians who use EHRs and are in accountable care organizations or patient-centered medical homes are more likely to use care coordination, quality measurement, patient engagement and population health management strategies, according to a study published in the American Journal of Managed Care. 

AHIMA's IG pilot participants offer lessons learned

The healthcare organizations that began taking part in AHIMA’s information governance (IG) pilot program are ready to offer several best practices and critical success factors. 

Federal audit finds $10 million wasted in Oregon Medicaid

A Health and Human Services audit of Oregon’s Medicaid program found $10 million in waste in 2014.

IBM's new Health Corps to connect tech with public health initiatives around the globe

IBM unveiled its new corporate citizenship program called the IBM Health Corps, which will bring IBM's top talent and cognitive technologies to help communities address health challenges such as primary care gaps, health worker shortages and access to safe water and nutritious food.

U.S. drug spending climbs 12 percent in 2015

Total spending on prescription drugs in the U.S. rose 12.2 percent to nearly $425 billion in 2015, continuing a steep climb fueled by the introduction in recent years of expensive new drugs for cancer and infections, as well as price hikes for older drugs, according to The Wall Street Journal.

States poised to take the lead on healthcare cost control

A new report from the Center for American Progress outlines how states are well-positioned to be leaders in implementing policies to help control health care costs and improve quality. 

IBM Watson Health ready to disrupt diagnosis and treatment

BOSTON--Bill Evans’ own healthcare experience only served to strengthen his work on IBM Watson Health and its potential benefits to all patients. 

FDA's open data initiatives driving innovation

BOSTON—The FDA is working on building community openness through initiatives that aim to drive innovation, explained Taha Kass-Hout, MD, MS, the agency’s first chief health informatics officer as well as director of its Office of Health Informatics, speaking at Bio-IT World Congress.

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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