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.

Cumberland Consulting Group Acquires Cipe Consulting Group

NASHVILLE, Tenn. (June 16, 2014) – Cumberland Consulting Group, a national healthcare technology implementation and project management firm, today announced that it has acquired the assets of Seattle-based Cipe Consulting Group, LLC, a growing healthcare technology consulting firm specializing in electronic health records and revenue cycle system implementation and support, including workflow and business analytics.

West Corporation Completes Health Advocate Acquisition and Updates 2014 Guidance

OMAHA, Neb., June 16, 2014 -- West Corporation, a leading provider of technology-driven communication services, today announced it has completed the acquisition of Health Advocate(TM), Inc., the nation's leading independent provider of healthcare advocacy services.

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.

Humana Once Again Named Top Payer in athenahealth® PayerView® Rankings

LOUISVILLE, Ky.--For the second year in a row, Humana Inc. (NYSE: HUM) was ranked as the number one company for its ease of doing business with providers. Humana ranked number one in overall performance among 148 U.S. health insurers based on a review of 2013 claims-payment data conducted by athenahealth, Inc. (NASDAQ: ATHN).

MedCPU Closes $9.3 Million in Series B Funding to Expand Clinical Decision Support Solutions for Healthcare Providers

NEW YORK--MedCPU, Inc., a leader in enterprise clinical decision support solutions, announced today the close of a $9.3 Million Series B funding round that will provide the company with capital to maximize its growth opportunities in the expanding market for clinical decision support solutions for healthcare providers. Investors in the B round of financing include Merck Global Health Innovation Fund, Easton Capital Investment Group and New Richmond Ventures.

FIGMD, Inc. Announces Launch of Clinical Data Registry Platform on Google Glass

CHICAGO--FIGMD, Inc. is excited to announce the launch of its Clinical Data Registry Platform on Google Glass. A first in the health care quality measurement space, FIGMD’s innovative approach enables Doctors and other health care providers across the country to leverage the power data at the point of care.

Quintiles Announces Agreement to Acquire Encore Health Resources

RESEARCH TRIANGLE PARK, N.C.-- As part of its continued efforts to strengthen and expand its service capabilities across the healthcare continuum, Quintiles today announced that it has signed an agreement to acquire Encore Health Resources (Encore). Encore is a leader in the health-information analytics and technology services industry focused on healthcare providers. Through its consulting services and solutions, Encore assists customers with a wide range of strategy, advisory, implementation, process-redesign, optimization, analytics and performance-improvement initiatives.

Moody’s Predicts Two-Midnight Rule Will Pressure Hospital Finances

Hospital operators feeling the pinch from reduced inpatient volumes due to the Centers for Medicare & Medicaid Services’ new regulations to better define when a short-term stay should count as an inpatient stay are certainly not alone. According to financial analysts at the prestigious Moody's Investors Service,  the new inpatient billing rule referred to as the “two-midnight rule” will put financial pressure on hospitals for some time to come.

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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