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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CMS chief data officer awarded as data liberator

Niall Brennan, chief data officer and director of the Office of Enterprise Data and Analytics at the Centers for Medicare & Medicaid Services (CMS), is the recipient of the Health Data Consortium's Health Data Liberators Award.

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Apertiva, Mayo partner on self-service measures platform

Apervita and Mayo Clinic are partnering to establish a self-service health measures platform. 

CMS announces new access to data

The Centers for Medicare & Medicaid Services has adopted a new policy that will allow innovators and entrepreneurs to access CMS data, such as Medicare claims. 

US, UK issue Obesity Data Challenge

A new data challenge is underway with $40,000 in prizes available for data visualization tools focused on obesity. 

Precision Advisors Digital Trends Study: Less Than Half of Managed Care Organizations Have Access to Electronic Medical Records Data

NEW YORK, May 27, 2015 /PRNewswire/ -- Precision Advisors (www.precisionadvisors.com), a Precision for Medicine Company, announced the findings from its 2015 Digital Trends Study of 145 managed care executives. The study concludes that decision makers are aware of the concepts of big data and predictive analytics, but are not equipped to fully implement them. 

Introducing Health Catalyst Academy: An Innovative Approach for Accelerating Outcomes Improvement

SALT LAKE CITY, May 26, 2015 /PRNewswire/ -- Health Catalyst, a leader in healthcare data warehousing and analytics, today launched Health Catalyst Academy, an immersive educational offering designed to help health systems build the internal capacity to exponentially improve their clinical quality and operational efficiency. 

EHR model identifies high-risk readmission

EHRs can help predict which inpatients are at high risk for readmission in real time, according to a study published in BMC Medical Informatics and Decision Making. 

EHNAC creating data registry accreditation program

The Electronic Healthcare Network Accreditation Commission is developing an accreditation program for data registries to ensure that these entities meet the privacy and security obligations expected of all large-scale handlers of protected health information. 

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.