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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Banner Health and University of Arizona Health Network pursue merger

A definitive agreement may be signed as early as September. The potential affiliation would make Banner Health Arizona’s largest private employer with a combined 37,000 people, as well as make it the first non-profit statewide integrated care network.

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Pennsylvania helps Highmark and UPMC come to agreement on care of patients after 2015

The ongoing dispute between Highmark and UPMC in Pennsylvania had created considerably concern in the state over what would happen to patients with Highmark health plans who receive care from UPMC after 2015 when the contract between the two organizations ends.

Boston Medical Center innovation reduces alarm fatigue

A pilot at Boston Medical Center that reduced clinically significant alarms in its cardiac unit made it easier for nurses to respond to alarms signaling genuine problems, according to the Agency for Healthcare Research and Quality.

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AHRQ fact sheet aligns providers to National Quality Strategy

The Agency for Healthcare Research and Quality has published a new fact sheet to align providers to the National Quality Strategy.

Struggling hospitals investing less in analytics, population health

Financial system transformation is taking center stage as a hospital technology priority as healthcare executives look to remain financially solvent. As such, many struggling hospitals are putting population health and analytics on the back burner, according to a survey from Black Book.

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Time to Reassess MU

Some of us have been publicly calling for relief in the timelines of the Meaningful Use program since it was created by ARRA in 2009. The recently proposed program changes are thus welcome.  Do they go far enough?

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HFMA survey: Strategy now beats competitive advantage as reason to merge

The pressure to control costs and manage risk-based payment systems is changing the reasons why healthcare providers merge finds a new survey of Healthcare Financial Management Association (HFMA) members.

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4 factors expected to increase healthcare sector growth in 2015

For 2015, the PricewaterhouseCoopers (PwC) Health Research Institute (HRI) is forecasting an end to the five-year contraction in the $2.8 trillion health industry. It predicts medical cost growth of 6.8 percent, up from the 6.5 percent it projected for 2014.

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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