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.

Patient-centered medical homes boom in Mich.

Blue Cross Blue Shield of Michigan has doubled the number of physicians it considers to be part of patient-centered medical homes (PCMH) since 2009, now designating 2,500 Michigan physicians in roughly 770 practices as PCMH providers.

ADA enlists mobile health, Beacon Communities to manage diabetes

The American Diabetes Association (ADA) and the Centers for Disease Control and Prevention (CDC) are working with the Office of the National Coordinator for Health IT (ONC) to increase the use of IT.

UVA nabs $300K to pioneer type 2 diabetes program

The University of Virginia (UVA) Health System in Charlottesville has received a $300,000 grant to study the Call to Health model, which uses text messages, stress reduction and other techniques to help African-American women manage type 2 diabetes.

Mass. AG finds global payment doesn't lower costs

A report from the Massachusetts Attorney General's office questions whether a shift to global payments will control rising costs if healthcare provider price disparities are not addressed and consumers are not encouraged to make prudent healthcare purchasing decisions.

AHA calls for additional ACO funds, flexibility

Accountable care organization (ACO) formation will require significant upfront investments, so the Centers for Medicare & Medicaid Services (CMS) Innovation Center should combine the Advance Payment Initiative with a grant program to offset that extensive investment, according to the American Hospital Association (AHA).

Fallon to join Atrius, pending Mass. AG oversight

Fallon Clinic, a multi-specialty medical group based in Worcester, Mass., is affiliating with Atrius Health, an alliance of five community-based medical groups serving nearly 700,000 patients in eastern Massachusetts. Fallon Clinic will continue to function as a locally operated, multi-specialty medical group serving central Massachusetts.

McKesson to acquire Portico Systems

McKesson has signed a definitive agreement to acquire healthcare services provider Portico Systems.

Singapore deploys nationwide EHR

Accenture and Singapore's Ministry of Health (MOH) Holdings have launched a national EHR system. The first phase of the national EHR implementation will provide a single health record for healthcare professionals across the continuum.

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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