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.

Stanford breach affects 20K, suit seeking $20M in damages

A class action complaint has been filed against Stanford Hospitals and Clinics for the unlawful disclosure of confidential medication information obtained from patients on a public website.

NCI grants Harris $37M contract for clinical data management

Harris, an International communications and IT company based in Melbourne, Fla., has been awarded a $37 million contract by the National Cancer Institutes Center for Cancer Research, in which Harris will manage clinical data for the NCIs intramural clinical trials program.

NEJM: Healthcare reform jurisdictional issues are not cut-and-dry

The jurisdictional issues of the Patient Protection and Affordable Care Act (PPACA) are currently cloudy with a low chance of predictability in how the Supreme Court will resolve them, according to a perspective paper published Oct. 5 in the New England Journal of Medicine.

AHIMA: Failing to see healthcare quality as a science is 'huge mistake'

SALT LAKE CITYCarolyn M. Clancy, MD, director of Agency for Healthcare Research and Quality (AHRQ), used a quotation from Peter Pronovost, MD, PhD, an intensive care physician from Johns Hopkins in Baltimore to lay out her keynote presentation at the American Health Information Management Association (AHIMA) conference: The fundamental problem with the quality of American medicine is that weve failed to view the delivery of healthcare as a science thats a mistake, a huge mistake.

JAMIA: Duke unlocks cohort identification potential

Complementary approaches are needed to harness both retrospective and real-time data to identify potential study recruits and alert appropriate staff, according to an article published in an online article in the Journal of the American Medical Informatics Association.

Verizon, Duke to tackle health IT efforts as one

Communications company Verizon and Duke University have formed a strategic agreement to jointly develop health IT initiatives to attempt to drive better care, expand access and lower costs.

Stanford to defend itself against class action suit on data breach

A purported class action lawsuit was filed against Stanford Hospital & Clinics (SHC) and outside vendor Multi-Specialty Collection Services (MSCS) on grounds that MSCS caused some confidential information about patients who visited Stanford Hospitals emergency room to be posted on a website. SHC intends to vigorously defend the lawsuit that has been filed as it acted appropriately and did not violate the law as claimed in the lawsuit, an Oct. 3 statement from the Stanford, Calif.-based provider stated.

NEJM: Patient-centered gov't institute sets to raise healthcare bar

Patient-Centered Outcomes Research Institute has outlined the research organization's goals and mission in a perspective article in the New England Journal of Medicine, published Sept. 29.

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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