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.

MedCPU Closes $9.3 Million in Series B Funding to Expand Clinical Decision Support Solutions for Healthcare Providers

NEW YORK--MedCPU, Inc., a leader in enterprise clinical decision support solutions, announced today the close of a $9.3 Million Series B funding round that will provide the company with capital to maximize its growth opportunities in the expanding market for clinical decision support solutions for healthcare providers. Investors in the B round of financing include Merck Global Health Innovation Fund, Easton Capital Investment Group and New Richmond Ventures.

Moody’s special report confirms importance of hospitals diversifying

It’s not quite “diversify or die,” but a new report from Moody’s Investors Service on the not-for-profit hospital sector does stress the need for hospitals to expand into outpatient services, along with making investments in efficiency and information technology.

CHE Trinity partners with Walgreens in latest strategic step

Since Richard Gilfillan, M.D., left his post as director of the Centers for Medicare & Medicaid Services (CMS) Innovation Center last June to become CEO of newly merged CHE Trinity Health, the healthcare systems has made several strategic moves to align itself with changes driven by healthcare reform. The latest came this week when it announced a deal with Walgreens, the nation’s largest drugstore chain, to collaborate on clinical care and population health initiatives.

Milliman measure finds healthcare cost growth slowing to 5.4%

The annual Milliman Medical Index estimate of the projected total cost of healthcare for a hypothetical family of four is out and the good news is that the amount only increased 5.4 percent this year, the lowest rate of annual increase since Milliman first began tracking this cost in 2002. The bad news is that the cost is now up to $23,215.

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Partners HealthCare reaches deal with Massachusetts’ attorney general

Massachusetts Attorney General Martha Coakley says her office has reached an agreement with Partners HealthCare that lets New England’s largest not-for-profit health system purchase an additional community hospital in the state in exchange for agreeing to adhere to certain terms that limit its ability to continue to grow and leverage its size and market dominance to raise prices.

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FTC official hints at increased policing of healthcare mergers

Writing in Health Affairs, Martin Gaynor, director of the Bureau of Economics of the Federal Trade Commission (FTC), in Washington, D.C., observed that given new findings on the impact of healthcare mergers on prices, it is important for the FTC to work with the Department of Justice (DOJ) and other government agencies to maintain “antitrust enforcement and consumer protection in healthcare markets.”

AHIMA making information governance a strategic imperative

“The time has come for healthcare to govern its information,” said Meryl Bloomrosen, MBA, vice president of public policy for the American Health Information Management Association, speaking at the fourth annual CMS eHealth Summit on May 19. “Trust in health information depends on it.” Leaders from the association called for a greater focus across healthcare on information governance.

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AHRQ: Quality of hospital care is improving rapidly

Quality of hospital care is improving more rapidly than quality of ambulatory care, according to the Agency for Healthcare Research Quality’s National Healthcare Quality Report 2013.

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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