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.

Truven Health Analytics and Cerner Partner to Make Micromedex Integrated CareNotes Available to Cerner EHR Clients

ANN ARBOR, Mich.--Truven Health Analytics™ today announced an agreement with Cerner Corporation, a leading provider of health information and electronic health record (EHR) systems, to resell its Micromedex® CareNotes® product, a part of the Patient Connect Suite of patient and consumer education and engagement solutions.

October 29, 2014

ActX Joins Greenway Online Marketplace for Comprehensive Health IT Solutions, Offering Integrated Genomic Decision Support

SEATTLE--ActX today announced it has joined the Greenway Health online Marketplace of value-added partners for users of Greenway’s integrated electronic health record (EHR) and practice management solutions.

October 15, 2014

COTA Closes $3.7M of Planned $7M Series A Funding Round to Transform Cancer Outcomes and Reimbursement

HACKENSACK, NJ – September 23, 2014 – COTA, Inc. today announced it has closed $3.7 million in a planned $7 million Series A funding round led by Horizon Healthcare Services, Inc. (Horizon), with participation from Med-Metrix.

September 25, 2014

Startup mines consumer data to offer drug-taking info and advice

Iodine, a new company slated to launch next week, will harness Google Consumer Surveys to provide an online service with tailored drug-taking information and advice, reports The New York Times.

September 24, 2014

NextServices™ and Quantta Analytics Establish Partnership to Develop Advanced Analytics For Hospitals, Surgery Centers and Multi-Specialty Groups

Ann Arbor, Michigan, September 12, 2014 -- A cornerstone of the partnership is to use data to help healthcare systems and organizations make informed decisions to deliver and improve patient care. Core elements of the partnership include:

September 18, 2014

eClinicalWorks Customers Generate Savings with ACO Model

WESTBOROUGH, Mass.--eClinicalWorks®, a leader in ambulatory healthcare IT solutions, recognizes the success of Accountable Care Organizations (ACOs) in generating savings for the healthcare industry. Through eClinicalWorks Care Coordination Medical Record (CCMR®), the company currently works with a wide variety of Medicare, Medicaid and other shared savings programs, aiding them in population health management. Many of these organizations are experiencing the benefits outlined by the U.S. Department of Health and Human Services (HHS) this week.

September 18, 2014

Choice and Suncoast Solutions Create Largest Quality Benchmarking Group

Clearwater, FL, September 10, 2014 -- CHOICE (Coalition of Hospices Organized to Investigate Comparative Effectiveness), a quality improvement benchmarking network, will soon have the largest patient-level, multi-hospice dataset to date.

September 15, 2014

The Data Quality Campaign Becomes National Cyber Security Awareness Month Champion

WASHINGTON, DC, September 5, 2014—The Data Quality Campaign joins a growing global effort among government, corporate, non-profit, and academic sectors to promote online safety awareness.

September 5, 2014

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