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.

AMA to Congress: Consider the physicians in cutting healthcare costs

Despite the temptation to conclude that anything that drives down medical fees is good for consumers, many policy experts have asserted that lower fees paid by insurers may result in high premium for patients, according to a Sept. 9 statement submitted to the U. S. House Ways and Means Health Subcommittee by the American Medical Association (AMA).

Health Affairs: Infection interventions could save lives, dollars

Hospital acquired infections are expensive, deadly and, most importantly, preventable, noted the authors of a recent study published in the September issue of Health Affairs, who found that the implementation of cost-effective prevention measures may not only save thousands of lives, but also billions of dollars.

Health Affairs: Are ACOs ready for prime time?

An article published in the September edition of Health Affairs highlighted lessons from accountable care organization (ACO) models where the authors concluded that not all providers are equally ready to enter into these arrangements with health plans, thereby suggesting that flexibility be built into the design of these arrangements.

AHIMA selects Thomas Gordon as new CEO

The American Health Information Management Association (AHIMA) board of directors has appointed Lynne Thomas Gordon, MBA, as CEO, effective Sept. 29.

Major Stanford breach openly posts medical info online

A privacy breach of limited medical information caused certain patients information from the emergency department of the Stanford Hospital & Clinics to be posted on a website.

Health Affairs: System-wide quality definition can lead to improved outcomes

A multispecialty group practice, hospital, employers and health plans can define quality and align performance and payment along common goals, according to an article publish in the September edition of Health Affairs.

Studies: Insurance access, medical home benefit undocumented children

Undocumented children who have access to health insurance are healthier and more engaged in school than those without insurance, according to researchers at the Keck School of Medicine of the University of Southern California (USC) in Los Angeles. Findings from the data were published in two separate studies.

ONC introduces new population health effort

The Office of the National Coordinator for Health IT (ONC) has cut the ribbon on a new initiative to query EHRs for population health data.

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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