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.

Leapfrog grades hospitals for safety, deflects criticisms

The Leapfrog Group is now to hospitals as a teacher is to studentsat least in the age-old educators duty of grading exams from A for outstanding to F for failing. The Washington, D.C.-based healthcare-quality watchdog launched its hospital report-card system, the Hospital Safety Score, June 6 to show healthcare consumers how their local hospitals measure up on various criteria for safety.

11 providers to share data on 1.1M patients for diabetes registry

Eleven integrated health systems have combined de-identified data from their EHRs to form a private-sector diabetes registry.

George Washington launches legal website on health data

George Washington Universitys Hirsh Health Law and Policy Program in Washington, D.C., has launched an online resource, Health Information and the Law.

JAMIA: Dictated EHR documentation low on quality totem pole

Which EHR documentation style best suits the quality of care a physician performs? Research published online May 19 in the Journal of the American Medical Informatics Association suggested dictated EHR documentation appears to fare worse than structured and free text documentation.

WEDI, MGMA differ on ICD-10 timeline

The staff at Centers for Medicare & Medicaid Services (CMS) likely dont have easy days at the office. With notices of proposed rulemaking being drafted with great speed relative to traditionally thought-of government timelines, the onslaught of opinions from the public to reconcile should come as no surprise. Last week, the Workgroup for Electronic Data Interchange (WEDI) and Medical Group Management Association (MGMA) offered slightly differing opinions on the ICD-10 implementation process.

Commonwealth Fund recommends core PCMH evaluation measures

To properly evaluate and compare results that will aid in the implementation of the patient centered medical home (PCMH) effort and other initiatives, the Commonwealth Fund recommended a standard set of core measures in a data brief released this month.

Circ: Medication adherence as a performance metric doesnt measure up

Medication adherence may not be a useful performance measure, based on results of a study that assessed the association between medication adherence and blood pressure control at the clinic level. Treatment intensification may be a suitable metric for gauging quality, but the authors cautioned that it may prove difficult for some providers to capture the data accurately and may have unintended adverse consequences in some hypertensive patients.

Study: Proactive approach to hospital infections could cut costly readmissions

A new study confirms the suspicion that infections contracted in hospitals correlate strongly with readmissions, prompting the authors to recommend that patients discharged with positive clinical cultures receive additional planning resources before heading home.

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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