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.

Surescripts recognizes 51 vendors and health systems for quality eRx

Surescripts has named 51 software vendors and health systems as recipients of its 2013 White Coat of Quality Award, which recognizes continuous quality improvement in e-prescribing through its Quality Management Program.

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N. American healthcare cloud computing market to reach $6.5B by 2018

The North American healthcare cloud computing market is predicted to grow to almost $6.5 billion by 2018, according to a report from research firm MarketsandMarkets.

Mayo partners with Optum to mine data

BOSTON--Mayo Clinic took a big leap of faith partnering with Optum Labs, said Cris Ross, CIO, speaking at the Medical Informatics World Conference on April 29.

Workers confidence poll offers another positive sign for healthcare sector

Although healthcare employment growth has remained small due to the impact of reductions in government spending and increased regulatory burdens, the sector may be turning around. Along with increased popularity in hospital stocks by investors, a Harris Poll conducted on behalf of staffing firm Randstad Healthcare finds U.S. healthcare workers' confidence levels rebounded in the first quarter of 2014, rising 2.9 points to 58.0.

Healthcare spending spiked in first quarter

The U.S. Department of Commerce Bureau of Economic Analysis (BEA) found that healthcare spending surged at a 9.9 percent annual rate in the first quarter largely driven by the expansion of insurance coverage under the Affordable Care Act.

How to build an analytics-driven organization

BOSTON--What’s the best word to describe building an analytics-driven organization? “The word I would pick is strategy, as you have to be aligned with the corporate strategy or the whole system breaks down,” said Inderpal Bhandari, PhD, senior vice president and chief data officer at Cambia Health Solutions, speaking at the Medical Informatics World Conference on April 29.

Enthusiasm for hospital stocks tempered by HCA earnings

Hospital operator HCA Holdings, Inc., of Nashville, Tennessee, did not see a major effect from the rollout of the Affordable Care Act (ACA) individual mandate in its first quarter financials and missed revenue expectations by $70 million.

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RAND on driving low cost, high value medical product innovation

Lack of basic scientific knowledge about some disease processes, costs and risks of FDA approval, limited rewards for medical products that could lower spending, treatment creep and the medical arms race all tend to increase healthcare spending without conferring major health benefits, according to a recent report.

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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