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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Arizona’s Carondelet Health Network reaches $35 million false claims settlement with DOJ

Non-profit Catholic health system Carondelet Health Network, which operates Carondelet St. Mary’s Hospital and Carondelet St. Joseph’s Hospital in Tucson, Arizona, will settle civil allegations that its hospitals improperly billed the government for inpatient rehabilitation services. The settlement amount, $35 million, is the largest ever False Claims Act recovery in that state, according to the Department of Justice (DOJ).

Digital Health Panel Discussion with Healthcare IT Industry Experts: We Have All of This Patient Generated Health Data, Now What?

San Diego, CA (PRWEB) August 21, 2014 -- Achieve Health the healthcare technology division of Achieve Internet, an Open Source software engineering firm, is co-hosting a panel discussion and business networking event at the Pillsbury, Winthrop, Shaw, Pittman offices in San Diego CA – September 9th at 5:30PM. The event will include industry experts from the healthcare technology sector who focus on building innovative technology platforms to improve patient engagement, patient to physician communications, patient generated data visualization and helping to drive healthy decisions and improved care.

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Sen. Murphy: For-profit hospitals drive up healthcare costs

A report issued Friday by the office of Senator Chris Murphy (D-Conn.) finds that states where for-profit hospitals dominate spend around 3 percent more per Medicare beneficiary than states where not-for-profit hospitals dominate.

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AHIMA develops QA resource kit

Two professional associations have partnered to create a resource kit that addresses healthcare organizations' need for quality assurance programs.

Tonic Health Selected by Wake Forest Baptist Medical Center to Increase Patient Engagement with Innovative and Intuitive Ipad-Based Data Collection Platform

PALO ALTO, Calif.--Tonic Health today announced that it has been selected by Wake Forest Baptist Medical Center to provide an iPad- and web-based patient data collection platform. By leveraging Tonic Health’s innovative and easy-to-use data collection platform, Wake Forest Baptist can more effectively register, screen and manage their patient populations over time.

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CA health dept. launches Open Data Portal

The California Department of Public Health (CDPH) has launched an Open Data Portal to provide user-friendly access to publicly available information for researchers, clinicians, developers and the public.

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CMS, ONC release Quality Data Model 4.1

The Centers for Medicare & Medicaid Services and the Office of the National Coordinator for Health Information Technology announced the release of the Quality Data Model 4.1.

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IPPS final rule fortifies quality reporting, penalties for readmissions

The final rule that updates Medicare payment policies and rates for inpatient stays at general acute care and long-term care hospitals includes improvements in the quality of care that limit payment for hospital-acquired conditions and readmissions.

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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