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.

Wolters Kluwer debuts GI query tool

Wolters Kluwer Health has released a query tool that assists the collection of data for the GI Quality Improvement Consortium (GIQuIC) benchmarking initiative, an educational organization specializing in gastroenterology.

Thomson Reuters to divest healthcare unit

Thomson Reuters is divesting its healthcare business, which provides data, analytics and performance benchmarking technologies and services to companies, government agencies and healthcare professionals, by the end of the year. 

ID Experts offers breach notification checklist

ID Experts has developed a free toolkit and checklist that can help healthcare organizations prepare for and respond to an Office for Civil Rights (OCR) data breach investigation.

SIIM: Why medicine needs business analyticsnow more than ever

WASHINGTON, D.C.As pressure grows for hospitals to provide better care at lower costs to more patients, providers can no longer linger in the the dark ages. A business analytics movement in healthcare could deliver substantial savings for providers and improved outcomes for patients, according to a June 3 session on business analytics at the annual meeting of the Society for Imaging Informatics in Medicine (SIIM).

Webinar sheds light on proposed OCR disclosure rule

The Department of Health & Human Services Office for Civil Rights' proposed disclosure rule addresses two separate rights, said Adam H. Greene, JD, MPH, from the law firm of Davis Wright Tremaine, during a webinar hosted by the Healthcare Information & Management Systems Society.

HHS revises process for handling ONC-AA misconduct

The U.S. Department of Health and Human Services (HHS) has proposed revisions to the Office of the National Coordinator for Health IT-Approved Accreditor (ONC-AA) process, which would create a process for addressing ONC-AA misconduct or failure to fulfill its responsibilities under the permanent health IT certification program.

CMS wants to publicly report on providers

The Centers for Medicare & Medicaid Services (CMS) has proposed rules that will allow certain qualified organizations access to patient-protected Medicare data to produce public reports on physicians, hospitals and other healthcare providers. These reports will combine private-sector claims data with Medicare claims data to identify hospitals and doctors providing cost-effective care, according to the agency.

Availity is EHNAC-certified for 5010 readiness

Availity has been recognized by the Electronic Healthcare Network Accreditation Commission (EHNAC), a nonprofit standards development organization and accrediting body, for achieving the requirements of EHNACs 5010 Readiness Assessment Program.

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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