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

Suman Tandon, MD, an American Society of Nuclear Cardiology board member, explains the group's call on Congress to update a number of healthcare policies. 

The 2026 MPFS proposed rule includes higher conversion factors across the board. However, some cardiology groups remain concerned about a series of reimbursement reductions for high-value cardiology services. 

The Heart Rhythm Society and its new advocacy arm plan on pushing CMS to include certain policy improvements in the 2026 MPFS.