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.

Ortho registry driving care improvements

Orthopedic procedures are particularly vulnerable in the shift to payment bundling as they are highly customizable, yet physicians and orthopedic service line administrators do not have a real-time view of the effectiveness of the specific implants being used in each procedure.

Interest in health insurance exchanges on the rise

Interest in health insurance exchanges is rising among health plan members, according to J.D. Power and Associates’ 2013 Member Health Plan Study published on March 11. Health plan members who purchase their own insurance, and those who have high deductibles or are unsatisfied with their current plans, expressed the most willingness to explore insurance exchanges, according to the study.

HIMSS: Business analytics help tackle regulatory hurdles

NEW ORLEANS—A sound business analytics strategy can help meet regulatory requirements, navigate reimbursement changes, and improve business efficiency through enterprise-wide data integration, according to a March 6 presentation at the Health Information and Management Systems Society (HIMSS) annual conference.

HIMSS: Get ready for predictive analysis

NEW ORLEANS—When considering your patient data, “it doesn’t help to know what happened 30 days ago. It’s too late,” said Mical DeBrow, PhD, RN, Siemens Clinical Strategic Consulting, speaking during a March 5 education session at the Health Information and Management Systems Society (HIMSS) annual convention.

AMDIS/HIMSS: Managing changes in data, technology & patients

NEW ORLEANS—George Reynolds, MD, MMM, vice president, CMIO and CIO for Children’s Hospital & Medical Center in Omaha, Neb., started working on dashboards when the organization implemented a CPOE initiative in 2007. Reynolds spoke during the Physicians' IT Symposium at the Health Information and Management Systems Society (HIMSS) annual convention. The symposium is co-hosted by the Association of Medical Directors of Information Systems (AMDIS).

Analyst Forecasts Continuing Headwinds in Health-care Financial Markets

House

Consolidation, the implementation of the Patient Protection and Affordable Care Act (PPACA), and efforts to use capitation for Medicare patients will all have an impact on health-related stocks, over then next few years.

EHR use doubles colon cancer screening rate

Researchers used EHRs to identify patients who weren’t screened regularly for cancer of the colon and rectum—and to encourage them to be screened, which resulted in doubled on-time screening rates and saved health costs over two years. The March 5 issue of Annals of Internal Medicine published the randomized, controlled trial at Group Health in Seattle.

Preventionists could be more involved with EHRs

Clinical informatics systems are currently underutilized by hospital infection preventionists, according to a study published this month in the American Journal of Infection Control.

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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