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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Data access barriers are everywhere, says patient, PhD candidate

Barriers to health data access are everywhere, said Steven Keating, PhD candidate, who made headlines earlier this year when his research on his own brain tumor led to the realization the tumor had grown and he needed an operation. 

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Patil says consumers are ready for, expect data science

Health IT shouldn't replace people but augment them, said D.J. Patil, PhD, the White House’s chief data scientist, speaking at the Office of the National Coordinator for Health IT’s fifth annual Consumer Health IT Summit on Oct. 1.

EHR model accurately predicts six-month care utilization

An online risk model using data from Maine's statewide health information exchange (HIE) predicted the healthcare utilization and needs of patients for a six-month period.

BCBS data network expanding to drive improved outcomes

All 36 independent Blue Cross and Blue Shield (BCBS) companies will contribute comprehensive data on healthcare quality and costs to Blue Cross Blue Shield Axis (BCBS Axis), collecting the data from more than 2.3 billion procedures conducted annually from mor ethan 20,000 healthcare facilities and 540,000 physicians.

U-Michigan launches $100M big data initiative

Healthcare is one of four areas targeted by the University of Michigan's $100 million, five-year big data initiative. 

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A simple concept to improve care

With all the cutting-edge software programs designed to help providers track trends, it seems the relatively simple concept of transparency is driving significant change. 

Project simplifies EHR data collection for a learning health system

Researchers from the Cincinnati Children's' Hospital Medical Center teamed up with ImproveCareNow Network to create a proof-of-concept architecture for a network-based learning health system to integrate chronic care management, quality improvement and research.

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Wachter: Transparency is 'inexpensive and effective tool'

The pressure to deliver high-value care has led to massive growth in understanding the need for transparency, said Robert Wachter, MD, professor and interim chair of the Department of Medicine at the University of California, San Francisco, speaking at the Aug. 20 installment of the HIT Safety Webinar Series. 

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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.