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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Care-coordination market poised for notable growth

If Frost & Sullivan has it right, care-coordination software is soon to start selling like hot cakes.

CMS approves Alpha II as a 2015 PQRS registry

Alpha II, LLC, a leading developer of software platforms, software as a service and publications that support the healthcare revenue cycle, announced today that it has been qualified by The Centers for Medicare & Medicaid Services (CMS) as a Physician Quality Reporting System (PQRS) Registry for the 2015 PQRS program year. 

Carestream’s Healthcare IT Platforms Support Data Aggregation from Existing Systems for a More Holistic View of the Patient

WASHINGTON, D.C., May 14 — Creating rapid, secure access to imaging data by on-site and off-site users is a major goal of informatics professionals attending the SIIM (Society for Imaging Informatics in Medicine) conference held this year from May 28-30.

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It will take time but analytics offer opportunity

BOSTON—While data often are highly granular and voluminous, poorly structured and dirty, they also offer novel, breakthrough insights into familiar challenges, said Tariq Abu-Jaber, MA MPH, vice president of medical informatics at Harvard Pilgrim Health Care, speaking at Medical Informatics World.

Getting to high-performance healthcare

BOSTON—Despite “an endless well of metrics,” healthcare is not operating at a high level of performance, said Jason Burke, senior advisor for innovation and analytics, UNC Health Care and School of Medicine, speaking at Medical Informatics World.

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Duke receives $9.75M for its big data initiative

Duke University has received $9.75 million in gifts and matching funds to support an initiative that focuses on harnessing massive amounts of information to tackle society’s biggest challenges, including healthcare.

Osheroff: Quality is a business imperative

CHICAGO—The move to value in healthcare creates new imperatives, said Jerome Osheroff, MD, principal of TMIT Consulting, speaking at the Quality Symposium held during the 2015 HIMSS Annual Conference & Exhibition.

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Much room for data analytics growth in healthcare

Only 10 percent of providers surveyed are using advanced tools for data collection with analytics and predictive capabilities, according to findings from audit, tax and advisory firm KPMG. 

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Around the web

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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.

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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.

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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.