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.

Florida network moves toward ACO model with MDI software

Community Health Network of Central Florida, an integrated delivery network in partnership with Parrish Medical Center, has implemented MDIs Viewpoint Analytics healthcare technology in the hopes of moving toward creating an accountable care organization (ACO).

New NCQA standards take patient-centered medical home to next level

The National Committee for Quality Assurance (NCQA) has released new standards for its patient-centered medical home (PCMH) program. The new standards call on medical practices to be more patient-centered and reinforce federal meaningful use incentives for primary care practices to adopt health IT.

New Jersey hospital selects Meta Health's documentation tech

Newark Beth Israel Medical Center, a 673-bed regional care hospital based in Newark, N.J., has licensed Meta Health Technology's eCDI software application to assist and automate the clinical documentation process.

Houston hospital opens virtual surgical training center

The Methodist Hospital in Houston has opened a 35,000 square-foot interactive, simulation-based surgical training center created to help practicing physicians acquire skills including image-guided therapies and surgical robotics.

Federal healthcare fraud efforts saved $4B in 2010

More than $4 billion in 2010 was recovered and returned to the Medicare Health Insurance Trust Fund through the Obama Administrations healthcare fraud prevention and enforcement efforts, according to a report from the U.S. Department of Health and Human Services (HHS).

3 million received prescription drug relief under PPACA to date

Three million Medicare beneficiaries nationwide have received prescription drug cost relief through the Patient Protection & Affordable Care Act (PPACA), according to U.S. Department of Health and Human Services (HHS) Secretary Kathleen Sebelius. Those beneficiaries, who fell into the drug coverage gap in 2010, have been mailed a one-time, tax-free $250 rebate check.

Survey: Change management crucial to EMR adoption

Change management is as critical to EMR deployment success as IT planning and execution, according to a recent survey by Accenture.

Health insurance exchanges get new funding source

Health and Human Services (HHS) Secretary Kathleen Sebelius has announced a new funding opportunity for grants to help states implement health insurance exchanges.

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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