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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Wachter: Transparency is 'inexpensive and effective tool'

The pressure to deliver high-value care has led to massive growth in understanding the need for transparency, said Robert Wachter, MD, professor and interim chair of the Department of Medicine at the University of California, San Francisco, speaking at the Aug. 20 installment of the HIT Safety Webinar Series. 

Compensation structure for docs in ACOs similar to non-ACO physicians

Primary care physicians working in accountable care organizations (ACOs) received around half of their compensation from salary, according to an analysis of a physician practice survey administered in 2012 and 2013. Only 3.4 percent of their compensation was based on the quality of care they delivered.

Intel, OHSU partner to battle cancer in a more personalized, efficient way

Along with the Knight Cancer Institute at Oregon Health & Science University, Intel has launched Collaborative Cancer Cloud, a service designed to enable providers and researchers to securely share genomic, imaging and clinical data among patients.

Care Management Technologies Announces New Client: Alliance Behavioral Healthcare

Care Management Technologies (CMT), a data-driven population health analytics company that specializes in behavioral health, today announced its newest client, Alliance Behavioral Healthcare.

NLP market to jump to $2.67B by 2020

The global market for natural language processing is projected to reach $2.67 billion by 2020, according to a MarketsandMarkets report. 

CMS expands bundled payment initiative

The Centers for Medicare & Medicaid Service is ramping up its Bundled Payment for Care Improvement Initiative with the addition of hundreds of providers.

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QM task force focuses on decision support, MU

In response to its charge to provide a set of recommendations regarding clinical quality measurement (CQM) provisions in Centers for Medicare & Medicaid Services payment rules, the Health IT Policy Committee’s Quality Measurement Task Force focused on three areas.

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Rumor confirmed: GE sells its healthcare-lending biz to Capital One for $9B

Hospitals, retirement homes and makers of medical devices are among the healthcare organizations and businesses that may now consider calling Capital One, long known primarily as a credit-card company, when they want to borrow big bucks.

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.