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.

CMS announces new access to data

The Centers for Medicare & Medicaid Services has adopted a new policy that will allow innovators and entrepreneurs to access CMS data, such as Medicare claims. 

US, UK issue Obesity Data Challenge

A new data challenge is underway with $40,000 in prizes available for data visualization tools focused on obesity. 

Precision Advisors Digital Trends Study: Less Than Half of Managed Care Organizations Have Access to Electronic Medical Records Data

NEW YORK, May 27, 2015 /PRNewswire/ -- Precision Advisors (www.precisionadvisors.com), a Precision for Medicine Company, announced the findings from its 2015 Digital Trends Study of 145 managed care executives. The study concludes that decision makers are aware of the concepts of big data and predictive analytics, but are not equipped to fully implement them. 

Introducing Health Catalyst Academy: An Innovative Approach for Accelerating Outcomes Improvement

SALT LAKE CITY, May 26, 2015 /PRNewswire/ -- Health Catalyst, a leader in healthcare data warehousing and analytics, today launched Health Catalyst Academy, an immersive educational offering designed to help health systems build the internal capacity to exponentially improve their clinical quality and operational efficiency. 

EHR model identifies high-risk readmission

EHRs can help predict which inpatients are at high risk for readmission in real time, according to a study published in BMC Medical Informatics and Decision Making. 

EHNAC creating data registry accreditation program

The Electronic Healthcare Network Accreditation Commission is developing an accreditation program for data registries to ensure that these entities meet the privacy and security obligations expected of all large-scale handlers of protected health information. 

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New ‘trigger tool’ scans EMRs for harms in pediatric hospitals

Patients are harmed at troublingly high rates in hospitals, as evidenced by Medicare’s penalizing of one out of every seven in the current fiscal year. Adding to the worry, hospitals caring for children fare no better on this score than their adult counterparts. So six pediatric hospitals have combined forces to develop and test a new “trigger tool” that retrospectively scans pediatric patients’ EMRs for signs of medical errors.

Xerox acquires Healthy Communities Institute, leader in cloud-based public health data

Xerox (NYSE: XRX) today announced its acquisition of Healthy Communities Institute (HCI), a Berkeley, Calif.-based company with a leading cloud platform that puts socioeconomic and community health information at the fingertips of hospitals, public health agencies and community coalitions. 

Around the web

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.

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.

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.