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.

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.

HIMSS: Buying an EMR system? Ask the tough questions up front

ATLANTA--The EMR vendor had the sharpest booth at a HIMSS show several years ago, with the nicest signage and the best demonstration. The vendor was also facing a lawsuit from customers who said it didn't deliver as promised.

Alpha II supplies partners with updated code sets

Healthcare coding, compliance and reimbursement provider, Alpha II, will equip its partners end-users with its latest code sets, ICD-9 CM, Current Procedural Terminology and Healthcare Common Procedure Coding System.

athenahealth buys SaaS provider for $22.3M

Watertown, Mass.-based athenahealth, a provider of Internet-based business services for physician practices, has signed a definitive agreement to acquire Anodyne Health Partners, which develops Software-as-a-Service (SaaS) business applications for healthcare providers.

athenahealth books 42% revenue increase for Q2

Internet-based physican-business service provider athenahealth has booked an increase in its unaudited 2009 second quarter fiscal results, which ended June 30.

CodeRyte, Coding Strategies partner for coding education

Coding Strategies, a auditing, education and reference consulting firm, and CodeRyte, a provider of computer-assisted coding, have announced plans to pool their collective resources to offer educational opportunities and coding expertise for the healthcare industry.

Around the web

HHS has thought through the ways AI can and should become an integral part of healthcare, human services and public health. Last Friday—possibly just days ahead of seating a new secretary—the agency released a detailed plan for getting there from here.

Philips is recalling the software associated with its Mobile Cardiac Outpatient Telemetry devices after certain high-risk ECG events were never routed to trained cardiology technicians as intended. The issue, which lasted for two years, has been linked to more than 100 injuries. 

Heart Rhythm Society President Kenneth A. Ellenbogen, MD, detailed a new advocacy group focused on improving EP reimbursements, patient care and access. “If you’re not at the table, you’re on the menu," he said.