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.

Accenture assists in Stanford's efforts to go paperless

Accenture has landed a seven-year contract with Stanford Hospital & Clinics, part of the Stanford University Medical Clinic in Stanford, Calif., for a connected health technology initiative.

Caspio releases chart, dashboard apps

Caspio has made available new chart applications to create visual web-based charts and dashboards for any database and assist users' understanding of large data sets.

KLAS: Enterprise resource planning vendors don't have a leg to stand on

No enterprise resource planning (ERP) vendor overwhelmingly satisfies clients more than the others, but with so few optionsand none performing wellmigrating to a new vendor may not be worth the cost, according to a report published Aug. 11 by market research firm KLAS.

HIMSS: Business intelligence may be key to success in the ED

To make a muddled emergency department system more transparent and better report on patient satisfaction and performance indicators, staff at the Hospital of Central Connecticut implemented a business intelligence model to simplify workflow and increase doctor to patient time, said Jeff A. Finkelstein, MD, chief of emergency medicine during a presentation at the HIMSS virtual conference expo June 9.

New editor-in-chief to take reins at JAMIA

The American Medical Informatics Association (AMIA) board of directors has selected Lucila Ohno-Machado, MD, PhD, as the new editor-in-chief of Journal of the American Medical Informatics Association (JAMIA).

Siemens deploys Soarian AIM

Siemens Healthcare will begin deploying its new Soarian AIM [Agile Implementation Methodology], at all future Soarian Health Information System installations.

KLAS: Better business intelligence requires models from outside healthcare

Unlike most segments of health IT, which are dominated by a handful of healthcare-focused vendors, the enterprise business intelligence technologies deployed at hospitals are more likely to come from general software companies like SAP and IBM, according to a report from healthcare research firm KLAS.

JAMIA: Business intelligence leverages patient safety, financial efficacy

Targeted deployment of health analytics, or business intelligence applications, could improve patient outcomes, increase safety, enhance operational efficiency and reduce costs of healthcare, according to an article in the April edition of the Journal of the American Medical Informatics Association.

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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