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.

White House faults McKinsey survey methodology

McKinsey & Company has released details regarding the methodology of a survey that concluded that employer-sponsored insurance (ESI) will drop by a third after 2014. The White House blasted the methodology in a blog posted yesterday.

AMA: Inaccuracy in claims payment is on the rise

Inaccurate claims payments have increased by 2 percent overall among commercial health insurers during the past year, according to the American Medical Associations (AMA) fourth annual National Health Insurer Report Card.

NEJM: Linking data is critical to ending care disparities

Collecting data and linking them to quality measures are vital for targeting efforts at reducing racial and ethnic disparities in care, according to a June 16 perspective in the New England Journal of Medicine.

Study: FQHCs treating more patients, chronic conditions

Use of nonprofit community clinics and health centers is increasing, and these facilities are seeing more uninsured patients and more chronic conditions, according to a report from Direct Relief.

Study: Physician-rating websites' validity is suspect

Online physician rating sites are gaining popularity, yet patients who post on online physician rating sites are less likely to comment on perceived low-quality physicians, and more apt to exaggerate their opinions as compared to offline populations, according to a paper presented June 20 at the Institute for Operations Research and the Management Sciences (INFORMS) Healthcare 2011 conference in Montreal.

N.H. court nixes anti-healthcare reform legislation

The New Hampshire Supreme Court has branded House Bill 89, an act requiring state Attorney General Michael Delaney to join State of Florida et al v. U.S. Department of Health and Human Services et al., the lawsuit challenging the Patient Protection & Affordable Care Act (PPACA), unconstitutional.

CBO forecasts 29.4% cut in Medicare rate

The Congressional Budget Office (CBO) has projected that, under the current law, Medicare payment rates for physician services will be reduced by 29.4 percent in 2012.

JAMIA: Handle EHR data exceptions with care

Exception situations can enable clinicians to get around the limitations of structured data during clinical documentation in an EHR but must be handled carefully to avoid errors, according to a case report published online June 14 in the Journal of the American Medical Informatics Association.

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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