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.

AHIMA: ACOs may transform information managers role

Accountable care organizations (ACOs) can change the way health information is captured, maintained, used and shared. These care models also could drive evolution in the information tools required to manage that data, and in the role health information managers will play, according to a new white paper from the American Health Information Managers Association (AHIMA).

CMS to pilot e-submission of medical documentation

The Centers for Medicare & Medicaid Services (CMS) is testing a mechanism that will enable providers in the Medicare fee-for-service (FFS) program to submit documentation electronically, lowering chances of improper payment and reducing paperwork for providers.

Barton joins NCQA as VP

Mary Barton, MD, MPP, will become the National Committee for Quality Assurances new vice president for performance measurement.

Surveys: Patient dissatisfaction is global

Two-thirds of patients around the world are unhappy with their physicians, according to two recent global studies released by data analytics software developer SSI and market research firm The Research Intelligence Group (TRiG).

AMDIS video: Informatics award shines light on Military ED module

OJAI, Calif.Commander Peter J. Park, MD, deputy CMIO of Navy Medicine, spoke with CMIO about his 2011 AMDIS award in applied medical informatics. The award recognized an integrated Emergency Department (ED) module that Park and his team developed and deployed for the DoD's Essentris inpatient, clinical documentation software system across five Military Treatment Facilitieswhich has resulted in a cost avoidance savings of more than $2 million, as well as creating multiple clinical and staffing efficiencies. The award was presented to Park on June 13 at the 20th Annual AMDIS Physician-Computer Connection Symposium.

NEJM: One year in, new payment model yields modest savings

The Alternative Quality Contract (AQC), a contracting model implemented in 2009 by Blue Cross Blue Shield of Massachusetts (BCBS) based on global payment and pay-for-performance (P4P), was associated with modestly lower medical spending and improved quality in the first year after implementation, according to an article published online July 13 in the New England Journal of Medicine.

Health Affairs: Mass. program could be U.S. model

Recent research suggests that the Massachusetts eHealth Collaborative, a four-year, $50 million program that installed EHRs and provided workflow redesigns at no cost to participating physicians from 2006-2008, may be a viable model for regional efforts to expand health IT.

Hamilton named PointClear CMIO

Rodney M. Hamilton, MD, has been selected as CMIO and managing director of product strategy practice for health IT services company PointClear Solutions.

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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