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.

Strata Rx 2013: Data driven physician selection

BOSTON--“There is no best physician,’ Vinay Mohta, chief technology officer at health data management firm Kyruus, told an audience at Strata Rx 2013.

Strata Rx 2013: A look at data analytics at Mount Sinai

BOSTON—Mount Sinai Hospital in New York City is on the cutting edge of harnessing data analytics to improve the quality of care at its 1,400-bed teaching facility. Jeff Hammerbacher, founder and chief scientist of Cloudera, and an assistant professor at the Icahn School of Medicine at Mount Sinai, shared some of the organization's data analytics initiatives at Strata Rx 2013.

Strata Rx 2013: Sivak talks health data liberation

BOSTON—Bryan Sivak, chief technology officer and “entrepreneur in residence” at the Department of Health and Human Services, told an audience at Strata Rx 2013 that he is on a mission to liberate healthcare data.

Strata Rx 2013: Data analytics for organizational change

BOSTON--Healthcare leaders should harness the power of data analytics to identify, prioritize and make strategic, operational and clinically actionable changes at the organizational level, said Eugene Kolker, chief data officer at Seattle Children’s and head of the bioinformatics & high-throughput analysis laboratory at Seattle Children’s Research Institute, at Strata Rx 2013.

AHIMA debuts new health informatics journal

The American Health Information Management Association (AHIMA) and the AHIMA Foundation have launched a new online scholarly peer-reviewed journal that focuses on teaching and workforce issues related to health informatics and information management.

Nearly half of U.S. hospitals use clinical and business intel solutions

Approximately 46 percent of U.S. hospitals use clinical and business intelligence solutions, according to HIMSS Analytics’ recent industry report, 2013 U.S. Clinical & Business Intelligence Study.

Pilot launching for automated data transfer, translation

A new partnership will use the Automated Data Intake Program to extract data from UHC members' IT systems, seamlessly transfer the data to UHC and translate data from disparate systems for comparison.

AHIMA: Focus on managing data

The use of healthcare data is improving healthcare and reconfiguring health information management departments, according to an article in the September issue of Journal of AHIMA.

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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