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.

Medical Informatics: Predictive modeling enables ACO transition

Discharge practices are “woefully inadequate” and need a makeover in the form of better predictive modeling, in particular as providers transition to an ACO model, said Julie Meek, PhD, clinical associate professor, school of nursing at Indiana University, at the Medical Informatics World Conference on April 8.

Medical Informatics: Driving data analytics

BOSTON—The global healthcare ecosystem sees about $2 trillion in waste per year, said Heather Fraser, global life science and healthcare lead at the IBM Institute for Business Value, speaking at the Medical Informatics World Conference on April 9.

Core Informatics and OpenEye Scientific Software Forge Partnership

BRANFORD, Conn. and SANTA FE, N.M., April 9, 2013 -- Core Informatics, a leading provider of data management solutions to the life sciences, molecular diagnostics, and energy industries, and OpenEye Scientific Software, a leading developer of innovative molecular modeling and cheminformatics solutions for molecular discovery, announce a new partnership and the integration of OpenEye cheminformatics software into Core Informatics' web-based Laboratory Information Management System (Core LIMS) and Electronic Lab Notebook (Core ELN).

Catholic Health Initiatives and Accenture Apply Analytics to Identify Health Risks among Patient Populations

ENGLEWOOD, Colo; April 08, 2013 – Catholic Health Initiatives (CHI), one of the nation’s largest non-profit health providers and Accenture (NYSE: ACN) have teamed on a nine-month initiative that will apply analytics to identify at-risk factors among patient populations.

JAMA: Opportunities and challenges for big data

A viewpoint published by the Journal of the American Medical Association covers the opportunities and barriers of big data in healthcare.

Better documentation processes needed for good data

“Doctors are not excited about EMRs but they are enthusiastic about speech recognition,” said Adem Arslani, BSN, RN, MS, director of information systems and clinical informatics at Advocate Good Shepherd Hospital in Chicago. Success requires a large investment in training, knowledge and information constantly, he said. “You can’t do it without the right resources. You can tell a lot about an organization by their training.”

GS1 Us Celebrates 40 Years Of The Barcode And Adoption Of Global Standards For Conducting Business

LAWRENCEVILLE, N.J. (April 3, 2013) – Today marks the 40th anniversary that organizations united to adopt a universal way to conduct business using GS1 Standards. Beginning with a U.P.C. (Universal Product Code) barcode, the GS1 System of Standards has set the foundation for a technological revolution that has changed the way companies, from manufacturers to retailers, conduct business around the world. Now, more than five billion GS1 barcodes are scanned every day.

Perceptive Informatics Improves Clinical Trial Management with New Release of Impact® CTMS Solution

Boston, MA, April 3, 2013 -- Perceptive Informatics, a leading eClinical solutions provider and a subsidiary of PAREXEL International Corporation (NASDAQ: PRXL), today released an enhanced version of its comprehensive IMPACT® clinical trial management system (CTMS). Notable features include improved data entry as well as site management and monitoring capabilities. The system is designed for pharmaceutical and biotechnology companies of all sizes, and has more than 26,000 users in studies of up to tens of thousands of subjects and millions of visits.

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."

Trimed Popup
Trimed Popup