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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Allina signs $100M deal to outsource data analytics

Allina Health, a $3.7 billion nonprofit that serves nearly 1 million patients in Minnesota and western Wisconsin, has signed a deal worth more than $100 million with vendor Health Catalyst to outsource its data warehousing, analytics and performance improvement.

FDA expands medical device surveillance program

After five years, the FDA is transitioning its Mini-Sentinel program to a full-scale Sentinel System.

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Teaching hospitals take brunt of medical error penalties

Half of U.S. teaching hospitals are being penalized by Medicare for high rates of infection and medical errors.

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Details emerge on CHIME and KLAS partnership

The College of Healthcare Information Management Executives has formalized its partnership agreement with research firm KLAS Enterprises to accelerate industry performance and provide support to health IT leaders.

Stanson Health partners with Consumer Reports to deliver guidance to patients at the point of care

LOS ANGELES, Dec. 22, 2014 /PRNewswire-USNewswire/ -- Stanson Health, a population health clinical decision support (CDS) and analytics company, announced today that it has licensed health content from Consumer Reports for distribution within Stanson's next-generation CDS solution.

CMS releases quality data for public consumer sites

The Centers for Medicare & Medicaid Services has released data on the quality of care by physician groups, accountable care organizations and hospitals on multiple consumer websites.

White House launches Disaster.Data.Gov

The White House’s Office of Science and Technology Policy has launched Disasters.Data.Gov, a public resource to foster collaboration and the continual improvement of disaster-related open data.

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Colorado payers launch data-sharing tool

Seven health payers in Colorado are joining forces to develop a multi-payer data sharing online tool to improve healthcare delivery in the state.

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Around the web

Cardiovascular Business
FDA says years-long tirzepatide shortage is resolved, will give limited leeway to compounders

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.

AI in Healthcare
From Capitol Hill to a hospital near you? 5 federal recommendations for healthcare AI policy

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. 

Cardiovascular Business
Merck spends up to $2B to license new weight loss drug with potential heart benefits

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.