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.

Zynx Health Announces Availability of Knowledge Analyzer

LOS ANGELES, July 22, 2014--Zynx Health™, the market leader in providing evidence- and experience-based clinical improvement solutions, has announced the general availability of Knowledge Analyzer™, a scalable solution that helps organizations quickly realize the full value of electronic health record (EHR) systems.

Ambient Clinical Analytics Technology Takes Home First Place for the University of Minnesota’s Carlson School of Management in Health Case Competition

ROCHESTER, MN (July 15th, 2014) - Ambient Clinical Analytics, Inc., the provider of powerful bedside real-time critical decision support tools for ICU, Operating Room and Emergency Departments, was precisely chosen by the University of Minnesota’s Carlson School of Management to be the focus of their case study in the annual Business School Alliance for Health Management competition. The Carlson School earned first place by showcasing the technology from AmbientClinical Analytics.

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HFMA survey: Strategy now beats competitive advantage as reason to merge

The pressure to control costs and manage risk-based payment systems is changing the reasons why healthcare providers merge finds a new survey of Healthcare Financial Management Association (HFMA) members.

HIMSS Analytics Announces Siemens as Certified Educator of the DELTA-Powered Analytics Assessment

CHICAGO (June 23, 2014) – HIMSS Analytics today named Siemens Healthcare a Certified Educator of the DELTA PoweredTM Analytics Assessment.

ConvergeHEALTH by Deloitte and Regenstrief Institute Announce Collaboration to Accelerate the Use of Real World Evidence in Health Care

NEW YORK, INDIANAPOLIS, June 17, 2014 – ConvergeHEALTH by Deloitte and the Regenstrief Institute, Inc. are announcing that Regenstrief, an internationally recognized informatics and health care research organization, has become a member of ConvergeHEALTH’s real-world evidence and analytics consortium. 

Press Ganey Acquires National Database of Nursing Quality Indicators (NDNQI®)

June 10, 2014, Boston, Massachusetts – Press Ganey today announced the acquisition of the National Database of Nursing Quality Indicators (NDNQI®), the leading quality improvement and nurse engagement tool developed by the American Nurses Association (ANA) and managed by The University of Kansas School of Nursing. The acquisition strengthens Press Ganey’s ability to empower nurses and nursing leaders in their mission to reduce patient suffering and improve the patient experience.

Deyta Offers Submission Services to Hospices for Automated Submission of Hospice Item Set Data to CM

Louisville, KY, June 19, 2014 -- Deyta, LLC announced today that it will offer Submission Services with its new Quality Actionboards to further alleviate administrative burdens associated with ensuring Hospice Item Set (HIS) compliance. As part of the CMS Hospice Quality Reporting Program (HQRP), all Medicare-certified hospices will be required to capture, validate and report the 64 patient-level data elements that comprise the HIS for all patients admitted on or after July 1, 2014.

Aetna and LHS Health Network Reach New Agreement

PARSIPPANY, N.J.– Aetna (NYSE: AET) and LHS Health Network, an affiliate of Lourdes Health System, today announced a new accountable care organization (ACO) agreement that will improve the coordination and delivery of patient care. The LHS Health Network will deliver a better patient experience for more than 20,000 Aetna members in Camden, Burlington and Gloucester counties. In addition, Aetna and LHS Health Network will begin a new Medicare provider collaboration serving more than 2,000 Aetna Medicare members.

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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