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.

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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.

Zoll signs testing agreement with Mass. hospital

Saints Medical Center (SMC), a nonprofit healthcare facility based in Lowell, Mass., has entered into an agreement with Zoll Medical, a medical devices and software developer, to have Zoll collaborate and test new product and technology concepts with SMC, including its emergency medical service.

KLAS: Most customers are satisfied with single sign-on

Single sign-on (SSO) satisfaction scores continue to outperform many other market segments, although scores have decreased somewhat over the past two years due to unforeseen complexities with SSO systems, according to a report from market research firm KLAS.

Louisiana hospital taps RelayHealth HIE

St. Tammany Parish Hospital (STPH) in Covington, La., has selected RelayHealth as its partner to build a community-wide health information exchange (HIE) connecting its physicians.

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Around the web

Cardiovascular Business
Boston Scientific enters renal denervation market with acquisition worth up to $540M

Boston Scientific has announced another significant M&A deal, scooping up an Israeli medtech company focused on RDN technology. 

Radiology Business
Shift toward imaging outside the hospital could save billions

Harvard’s David A. Rosman, MD, MBA, explains how moving imaging outside of hospitals could save billions of dollars for U.S. healthcare.

Cardiovascular Business
FDA announces catheter recall for Johnson & Johnson PFA system due to stroke risk

The recall comes after approximately 3% of patients treated with the device during the early stages of its U.S. rollout experienced a stroke or transient ischemic attack following surgery. The expected stroke rate is closer to 1%, the FDA explained.