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.

Lockheed exec joins CCHIT board

The Certification Commission for Health Information Technology (CCHIT) has appointed Richard Campanelli to its board of trustees.

WHITIA launches Healthy Communities Initiative

World Health Imaging, Telemedicine & Informatics Alliance (WHITIA), a healthcare nonprofit focused on bringing healthcare technologies to medical facilities in limited-resource areas, has launched its Healthy Communities Initiative (HCI) to help urban and rural community health centers obtain technologies such as digital x-ray and telemedicine systems.

HP to develop Texas HIE under $30M services contract

Hewlett-Packard has signed a 52-month services agreement with the Texas Health and Human Services Commission to create a statewide Medicaid health information exchange (HIE).

Survey: Admin costs, reimbursement top list of practice challenges

Practice administration costs and reimbursement issues continue to be major sources of concern for most physicians, according to a survey of small to mid-sized medical practices conducted by Practice Fusion, a web-based EHR provider.

Report: Boomers to drive adoption of tech-enabled health products

With baby boomers turning 65 in 2011, a shift toward patient-centric care, adoption and incorporation of mobile and social technologies and increased health awareness will lead to a personalization of health and wellness tools, according to a January report from MIT Enterprise Forum of the Northwest, one of the 27 chapters of the MIT Enterprise Forum dedicating to the advancement of technology entrepreneurs.

GE, KeyHIE expand HIE collaboration

GE Healthcare and Keystone Health Information Exchange (HIE), which serves central and northeast Pennsylvania communities, are expanding the regions HIE to augment its chronic disease management capabilities and broaden its reach to many more healthcare providers.

Virginia REC selects Pulse Complete EHR

EHR and practice management company Pulse Systems and Virginia Health IT (VHIT), the regional extension center (REC) for the state, have signed a definitive agreement to provide Virginia physicians with complete EHR technology.

HealthTrust to offer 3M tech for ICD-10 transition

HealthTrust Purchasing Group has signed an agreement with 3M Health Information Systems to offer 3M clinical documentation improvement consulting services and software, and 3M ICD-10 transition planning services to HealthTrusts network.

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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