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.

Commentary: UKs P4P initiative has had ambiguous impact on care

A commentary on the National Quality Measures Clearinghouse website titled Pay for Performance in U.K. General PracticeThe Ambiguous Impact of the Quality and Outcomes Framework, offers a mixed review of the pay-for-performance (P4P) initiatives of the National Health Services' Quality and Outcomes Framework.

AHRQ: Healthcare access, quality uneven

Healthcare quality is improving, but access is still uneven and disparities exist, especially for minority and low-income groups, according to the 2010 National Healthcare Quality Report and National Healthcare Disparities Report from the Agency for Healthcare Research and Quality (AHRQ).

HIMSS: Nuance moves to the cloud, pairs with 3M for ICD-10

Nuance Communications highlighted Nuance Healthcare Development Platform, a cloud-based platform, at HIMSS11 and emphasized its partnership with 3M.

Leadership and Succession Planning for Health Care

Multiple factors stand to shake up health care organizations' leadership structures in the coming years, says Will Powley, senior consulting leader with GE Healthcare's Performance Solutions group: economic recovery, health care reform, and, perhaps with the most impact, the impending retirement of the Baby Boomer generation. Combined, these three

Improving Financial Performance Through Employee Engagement: BHS Case Study

By early 2007, Birmingham, Alabama-based Baptist Health System (BHS) was facing significant systemic problems with its staff and management—problems that were creating tough-to-surmount financial repercussions. Alan Bradford, chief human resource officer at BHS, clearly recalls the difficulties the organization was facing: "The momentum of the

HIMSS: Hard-wiring standards via CPOE equates to better outcomes, revenues

ORLANDO, Fla.--Facility-wide physician education, along with the implementation of a computerized provider order entry (CPOE) system, can result in improved standardization and a reduction of blood transfusions, said medical oncologist C. Eric Hartz, MD, CMIO at Eastern Maine Medical Center in Bangor. Hartz described the project and its results at his facility during a Feb. 21 presentation at HIMSS11.

HIMSS: Value emerging from secondary uses of EHR data

ORLANDO, FLA. -- Much to my amazement, standards and interoperability [for health IT] have occurred, said Christopher G. Chute, MD, DrPH, of Mayo Clinic in Rochester, Minn., during an educational session Feb. 20 at the Physicians IT Symposium at HIMSS.

Report: Healthcare takes 10.7% share of U.S. employment

U.S. healthcare employment accounted for 10.7 percent of total employment in January, an increase of more than one percentage point since 2007, according to a recent report from Altarum Institute.

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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