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.

HIMSS Webinar: IBMs Watson to bring NLP to healthcare

IBMs Watson technology, which embeds natural language processing (NLP) technology, is primed to transform healthcare by converting unstructured information into actionable data and presenting it to decision makers in a dashboard view.

JAMA commentary: Beware surveillance bias

Although there is a trend toward accountability and standards, attention needs to be given to the quality of measurement tools, according to Johns Hopkins University researchers in a commentary published in the June 15 edition of the Journal of the American Medical Association.

Precyse, HealthStream offer ICD-10 education

Health information management services provider Precyse and HealthStream, a provider of healthcare learning and research tools, have partnered to deliver ICD-10 education program for providers in healthcare.

JAMA: Ambulatory, inpatient malpractice rates are similar

In 2009, the number of malpractice claims for events in inpatient and outpatient settings that resulted in payments were similar, and the rate of paid claims in both settings declined overall, according to a study in the June 15 issue of Journal of the American Medical Association.

RWJF recommends adjustments to proposed ACO rule

Accountable care should have, at a minimum, a focus on patients and consumers, timely and widely available data, collaborative teams and a reformed payment scheme, and should promote population health and monitor for racial, ethnic and language-related health and healthcare disparities, according to the Robert Wood Johnson Foundation (RWJF).

JAMIA: Team approach boosts IT adoption

Evidence suggests that when carefully implemented, health IT has a positive impact on behavior, as well as operational, process and clinical outcomes, stated researchers from Virginia Commonwealth University (VCU) in a case report published online June 9 in the Journal of the American Medical Informatics Association.

Survey: Less than 33% of physicians to be independent by 2013

U.S. physicians continue to sell their private practices and seek employment with healthcare systems, according to a new survey from consulting company Accenture.

CMIO Summit: Cochran discusses Vermont HIE's sustainability challenges

BOSTONDavid Cochran, MD, CEO and president of Vermont IT Leaders (VITL) outlined the organizations use of public funding to connect providers, while noting the real possibly that funding could be stripped in 2015. Cochran made his comments during a panel discussion titled Health Information Exchange: How to Play, What to Gain at the CMIO Summit Clinical IT Leadership Forum on June 10.

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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