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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AHIMA releases information governance principles

The American Health Information Management Association released a framework to help organizations implement information governance during its 86th annual Convention and Exhibit in San Diego this week.

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Bill would authorize more telemedicine services at ACOs

Legislation proposed in the House seeks to improve accountable care organizations by allowing them to expand their use of telemedicine.

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HIX small business plans 7% cheaper on average

Health plans available to small businesses in health insurance exchanges are on average about 7 percent cheaper than comparable plans offered elsewhere, reports The Washington Post.

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Post ACA, virtual doc business thriving

The Affordable Care Act, and its push to reign in healthcare spending, is catalyzing a new wave of telemedicine ventures.

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Philips merges healthcare, consumer goods assets

Philips is merging its healthcare and consumer goods assets into one operation called Healthcare, reports Bloomberg. Together, these assets are valued at $19 billion. 

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Four more drop out of Pioneer ACO program

Four more healthcare organizations are quitting Medicare’s Pioneer Accountable Care Organization program, reports several news sources.

COTA Closes $3.7M of Planned $7M Series A Funding Round to Transform Cancer Outcomes and Reimbursement

HACKENSACK, NJ – September 23, 2014 – COTA, Inc. today announced it has closed $3.7 million in a planned $7 million Series A funding round led by Horizon Healthcare Services, Inc. (Horizon), with participation from Med-Metrix.

Startup mines consumer data to offer drug-taking info and advice

Iodine, a new company slated to launch next week, will harness Google Consumer Surveys to provide an online service with tailored drug-taking information and advice, reports The New York Times.

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Around the web

Cardiovascular Business
Payment cuts and beyond: Key takeaways for cardiologists from the 2025 Medicare Physician Fee Schedule

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. 

AI in Healthcare
A modest proposal to rally AI regulators around a simple game plan

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.”

Cardiovascular Business
FDA commissioner urges clinicians to join fight against medical misinformation

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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