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.

Webinar: HIMSS Analytics gauges hospitals' progress on meaningful use

In a survey to assess hospitals' adoption of health IT and meeting meaningful use, 27 percent of 442 hospitals are expecting to achieve all 14 core meaningful use measures by May 2012, according to John P. Hoyt, executive vice president of organizational services at the Health Information Management and Systems Society (HIMSS) during a webinar this week concerning public policies and health IT adoption.

SAS, GE Healthcare team up to boost patient safety

SAS and GE Healthcare have entered into a joint development and marketing agreement that enables GE Healthcare to apply SAS technology to analyze patient safety information to help hospitals prevent adverse medical events.

Elsevier/MEDai hones clinical surveillance tools

Elsevier/MEDai, a provider of clinical analytics systems, has launched the latest version of Pinpoint Review, its real-time clinical surveillance system for hospitals. The new version will feature an expanded set of clinical watch triggers, expanded core measure alerts and three new predictions: ICU Admission Prediction, Length of Stay Prediction and Mortality Prediction.

GAO says no to contract protests

The U.S. Government Accountability Office (GAO) last week denied protests to over $372 million for two contracts related to healthcare.

HHS debuts quality indicator data portal

The Department of Health and Human Services (HHS) has launched a web portal providing health and healthcare indicator data to support IT innovations. The Health Indicators Warehouse includes a vast collection of health and healthcare indicators along with technologies to support automated data services through application programming interfaces.

St. Anthony's enlists REACH3 for CRM

St. Anthony's Medical Center, based in the St. Louis, has gone live with REACH3's healthcare customer relationship management (CRM) technology, CRM Custom, to assist patient outreach efforts.

Florida group opts for McKesson billing services

Radiology Associates of South Florida has sourced its billing claims, support and reporting to McKessons Revenue Management Solutions, which will also offer financial analysis and performance assessment to the Miami-based radiology group.

Welch Allyn, Masimo integrate

Health IT companies Welch Allyn and Masimo have agreed on an integration strategy that will make the Masimo rainbow SET Pulse CO-Oximetry technology platform an offering in Welch Allyn's new product line.

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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