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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Could telemedicine be a fad?

Telemedicine is taking over the healthcare space, but is still controversial and disconnected from mainstream medicine. Will this innovation become the powerful force of change for healthcare or will it fizzle out? 

Healthcare providers are finally joining the world of telemedicine

A survey conducted by KPMG have analyzed the telemedicine rates of adoption in healthcare systems and found that both payers and managed care organizations have interest in the adoption of this technology to help lower the costs of care and have started offering the service as a part of their benefits packages, reports ModernMedicine.  

New app for lung cancer patients proves stellar in early trial

A smartphone called Moovcare may help lung cancer patients live longer and better by monitoring symptoms and alerting doctors to potential problems, reports U.S. News. 

Artificial intelligence will play a larger role in healthcare

Artificial intelligence is evolving and integrating almost every industry, including healthcare. Growing from a $600 million to a $6-billion-dollar industry in just two years, the AI market is poised to take over the healthcare industry. Systems can assess enormous amounts of patient data, provide guidance and decision support, and improve clinical workflow.

Editorial: EMR implementation is broken

With billions of dollars being invested by hospitals to implement EMR’s the technology should be running smoothly, but it’s actually the exact opposite. The transition from paper was meant to make healthcare faster and more efficient, but things haven’t improved with data being incomplete and inconsistent.

Healthy Interactions, MedCurrent collaborate on new end-to-end CDS technology for chronic care

Two health IT companies, Chicago-based Healthy Interactions and Toronto-based MedCurrent, have launched a new end-to-end clinical decision support (CDS) platform designed to manage chronic care conditions.

Online Rx fills gaps in mental healthcare

Telehealth is being implemented in many health systems across the United States, but mainly for primary care to those in rural areas. Well, why not mental care?

Tech company raises $19M for cognitive computing in EHR

Looking to provide more structure for healthcare data, Apixio has announced it’s raised $19.3 million in venture capital to fund new cognitive computing platforms.

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Around the web

Health Exec
These health systems have the biggest digital health portfolios

U.S. health systems are increasingly leveraging digital health to conduct their operations, but how health systems are using digital health in their strategies can vary widely.

Health Exec
Toylike robot pleases counseling clients where humanoid counterpart struggles to connect

When human counselors are unavailable to provide work-based wellness coaching, robots can substitute—as long as the workers are comfortable with emerging technologies and the machines aren’t overly humanlike.

Health Exec
Medsender, Patagonia Health team up to aid public health efforts against COVID-19

A vendor that supplies EHR software to public health agencies is partnering with a health-tech startup in the cloud-communications space to equip state and local governments for managing their response to the COVID-19 crisis.