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.

Kaiser: State Medicaid spending growing more slowly than total spending

Implementation of the coverage expansions in the Affordable Care Act resulted in higher enrollment and total overall spending growth in Medicaid during fiscal years 2014 and FY 2015, but full federal government financing of the Medicaid expansion population means that state Medicaid spending has grown more slowly than total spending, according to the Kaiser Family Foundation.

ActX Joins Greenway Online Marketplace for Comprehensive Health IT Solutions, Offering Integrated Genomic Decision Support

SEATTLE--ActX today announced it has joined the Greenway Health online Marketplace of value-added partners for users of Greenway’s integrated electronic health record (EHR) and practice management solutions.

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Nursing home chain to pay $38M settlement for improper billing, poor care

Extendicare, one of the largest nursing home chains in the U.S., has agreed to a $38 million settlement to resolve federal claims that it improperly billed for physical therapy and provided such poor care that it was effectively worthless, reports The New York Times.

Prime Healthcare to acquire six hospitals

In a controversial move, Prime Healthcare Services has reached a deal to acquire six hospitals in California, reports Los Angeles Times.

Male docs receive vast majority of payments from drug companies

More than 90 percent of the 300 doctors who received money from drug companies in exchange for speaking and consulting are men, reports The New York Times.

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Factoring workflow into big data tools

CHICAGO—Media reports indicate big data is going to cure everything but “we have major care institutions that have employed very high-end EMRs and cannot extract their data,’ said Gabriel Escobar, MD, speaking at the 2014 Healthcare Leadership Forum.

FDA strategic plan includes focus on health IT

The FDA’s four-year strategic plan includes several health IT-related goals.

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AHRQ offers ‘snapshots’ into states’ progress on care quality

The Agency for Healthcare Research and Quality has published ‘state snapshots’ that offer insight into states’ progress on the quality of their healthcare delivery.

Around the web

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”

FDA Commissioner Robert Califf, MD, said the clinical community needs to combat health misinformation at a grassroots level. He warned that patients are immersed in a "sea of misinformation without a compass."

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