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.

Almost 80% of knowledge workers bring their own GenAI to work
Around the world, 3 of 4 workers who routinely handle information are now using generative AI on the job. And almost half of them are new to the technology, having begun using it only over the past half-year.
Use of AI in radiology revenue cycle management
Dave Walker, senior director of revenue cycle, Radiology Associates of North Texas, explains how his practice uses artificial intelligence for revenue cycle management during the Radiology Business Management Association (RBMA) 2024 meeting.
GenAI-focused market researchers: ‘The payer–provider divide is wide and has dangerous implications’
Providers and payers disagree on a lot of things. But the camps are united in their appreciation of workers who have skills relevant to advancing GenAI in healthcare.
Overheard in Africa: AI may be just what the doctor ordered for better healthcare, stronger society
Technology leaders and academic researchers joined with healthcare professionals in Nigeria Nov. 13 to sketch out the future of African healthcare.
CMS increases reimbursement for AI-powered heart failure platform
Ultromics thinks the significant payment increase will help ramp up utilization among U.S. healthcare providers.

Press Ganey to Partner with Boston Children’s Hospital

Boston, Massachusetts, February 17, 2015 – Press Ganey announced today it has signed a multi-year agreement with Boston Children’s Hospital, a leading pediatric hospital, to capture and assess patient and family experience data through the newly created Child Hospital Consumer Assessment of Healthcare Providers and Systems (Child HCAHPS) hospital survey.

February 23, 2015

David W. Baker, MD, FACP, MPH, Named Joint Commission Executive Vice President

The Joint Commission announced today the appointment of David W. Baker, MD, FACP, MPH, to the position of executive vice president for the Division of Healthcare Quality Evaluation. In this senior leadership position, Dr. Baker will oversee the Departments of Quality Measurement, Health Services Research and Standards and Survey Methods.

February 18, 2015

Truven Health Analytics and MEDITECH Expand Collaboration to Include Integrated Consumer Health Education Solution

ANN ARBOR, Mich.--Truven Health Analytics™ today announced an expansion of its long term strategic collaboration with MEDITECH, provider of Health Information® Electronic Health Record (EHR) systems, to include additional products from its Micromedex® Patient Connect Suite. 

February 9, 2015

Under Armour buys MyFitnessPal, Endomondo for $560 million

Sports apparel maker Under Armour is continuing its push into the quantification of fitness and health with the acquisition of fitness apps MyFitnessPal for $475 million and Endomondo for $85 million.

February 5, 2015

Isabel Healthcare Announces AffiniPartner Agreement with American Academy of Physician Assistants (AAPA)

Ann Arbor, Michigan, February 03, 2015 -- Isabel Healthcare announced today an agreement with the American Academy of Physician Assistants (AAPA) to offer the Isabel diagnosis decision support tool to its physician assistant (PA) members through their Affinity Partner member benefits program.

February 3, 2015

Healthgrades Announces 2015 Distinguished Hospital Award for Clinical Excellence™ Recipients

DENVER--Healthgrades, the leading online resource for comprehensive information about physicians and hospitals, today announced the 261 recipients of the 2015 Distinguished Hospital Award for Clinical Excellence™ (DHA-CE).

January 20, 2015

Practice Fusion Announces Positive Results of Population Health Vaccine Initiative Conducted in Collaboration with Merck

SAN FRANCISCO, Jan. 14, 2015 -- Practice Fusion, the #1 cloud-based electronic health record (EHR) for doctors and patients, announced the results of a recent collaboration with Merck & Co. Inc. 

January 19, 2015

Apervita Nets $18 Million in Series A Funding to Democratize Health Analytics

CHICAGO--Apervita, Inc. (www.apervita.com), formerly known as Pervasive Health, Inc., the first health analytics marketplace, today announced it has completed an $18 million Series A round of funding.

January 7, 2015

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.

Economics

Almost 80% of knowledge workers bring their own GenAI to work

Use of AI in radiology revenue cycle management

GenAI-focused market researchers: ‘The payer–provider divide is wide and has dangerous implications’

Overheard in Africa: AI may be just what the doctor ordered for better healthcare, stronger society

CMS increases reimbursement for AI-powered heart failure platform

Around the web