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.

America's Health Plans CEO encourages more private-sector initiatives

Karen Ignagni, president and CEO of Americas Health Plans, believes that the unprecedented availability of information and opportunity make this an exciting time to be working in the healthcare industry, but said that rising costs make innovation difficult.

HealthGrades surprises with picks for top cities for hospital care

HealthGrades has released a list of Americas Top Cities for Hospital Care, with Baltimore, Phoenix/Prescott, Ariz., and Cedar Rapids, Iowa, ranking as the sequential top three. The rankings are based on a study of patient death and complication rates at nearly 5,000 U.S. hospitals.

AIM: Overuse of healthcare services must be addressed

Often healthcare services in the U.S. are overutilized, which can lead to high healthcare spending. Expanding guidelines and establishing appropriate use criteria for more healthcare services could help eliminate this overuse and in turn reduce high healthcare spending, according to an editorial published in the Jan. 24 issue of the Archives of Internal Medicine.

AJMC: Market competition doesnt drive HF quality improvement

Market competition had only a modest effect on hospital performance for heart failure (HF) care, according to a study in the December issue of the American Journal of Managed Care, prompting the authors to recommend other tools for fostering hospital quality improvement efforts.

AJR: Metrics + motivation sets stage for improved rad safety

Radiology departments must define and monitor their safety metrics to measure departmental performance, identify problem areas and track improvement, while also fostering a supportive department culture, according to an article published in the February issue of the American Journal of Roentgenology.

GAO: HHS' EHR quality measures taking too long, costing too much

The Government Accountability Office suggested that the Department of Health and Human Services (HHS) should address the performance of the National Quality Forum, a Washington, D.C-based nonprofit organization contracted by the HHS to retool existing and develop new quality measures for use in the EHR incentive programs.

Thomson Reuters selects 15 top-performing health systems

Thomson Reuters, in its fourth annual study identifying the top U.S. health systems based on balanced system-wide clinical performance, has culled data from more than 300 organizations to single out 15 hospital systems that achieved superior clinical outcomes based on a composite score of eight measures of quality, patient perception of care and efficiency.

Circ: Public reporting doesnt impact hospital market share

Public reporting on non-emergent PCIs in New York identified very high and low performers but provided insufficient information to differentiate between most hospitals, and it appeared to have had no effect on market share or physicians' decisions to leave practice, according to study authors, who published research in the January issue of Circulation: Cardiovascular Quality and Outcomes.

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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