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.

Pantheon tasked with building AHRQ's public reporting tool

Pantheon has entered into a five-year, $11.6 million contract with the federal government to redesign and expand a website building tool offered by the Agency for Healthcare Research and Quality.

Leapfrog Group issues fall 2012 Hospital Safety Score

Many hospitals are making strides toward safer environments for their patients, but errors and infections persist as top safety concerns, according to an update to the Hospital Safety Score published by the Leapfrog Group.

Aviacode to deliver coding services to NextGen customers

NextGen Healthcare Information Systems has partnered with Aviacode, a Salt Lake City developer of technology-enabled medical coding services, to provide cloud-delivered medical coding services to NextGen's clients.

FICO acquires CR Software

FICO, a Minneapolis-based developer of analytics and decision management technology, has acquired CR Software, a developer of enterprise collections and recovery technologies for credit issuers, government organizations, collection agencies, retailers and healthcare providers.

VA's million vets program grows

The Department of Veterans Affairs (VA) has taken advantage of its resources to launch the Million Veterans Program, a “mega-database” that will hold genomic and clinical information for future studies about veterans who receive their care from the VA and who volunteer to participate in the program.

Report offers guidance for state drug monitoring programs

State prescription drug monitoring programs can help reduce prescription drug abuse but there is room for improvement, according to a report prepared by MITRE for the Office of the National Coordinator for Health IT, in partnership with the Substance Abuse and Mental Health Services Administration.

ONC names KBCore winner of Patient Safety Reporting System challenge

KBCore, which developed and submitted for consideration a suite of unified web and mobile apps to collect and analyze event reports, was announced the winner of the Office of the National Coordinator for Health IT’s Patient Safety Reporting System Challenge.

McKesson pairs with HCI3 on bundled payments software

McKesson and the Health Care Incentives Improvement Institute (HCI3) have entered an agreement to combine the McKesson Episode Management software with HCI3’s Prometheus Payment model.

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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