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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HIT jobs take longer to fill

Health informatics positions stay open longer than the national average posting, according to a study from Burning Glass Technologies, a Boston-based workforce technology and consulting firm. 

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Reliability, capacity and pace key to meeting core measures

CHICAGO—Lakeland HealthCare a Davies Award winner, strives toward perfection in all 79 core measures through “exemplary reliability, capacity and pace,” said Michael Getty, speaking during a session of the Quality Symposium held during the 2015 Annual HIMSS Conference & Exhibition.

Identify value proposition for successful eCQMs

CHICAGO—Providers will support electronic clinical quality measures (eCQMs) if there is a value proposition, said Michael Zaroukian, MD, PhD, vice president and PhD, CMIO of Sparrow Health System, speaking at the Quality Symposium at the 2014 HIMSS Annual Conference & Exhibition.

Capsule Debuts Early Warning Scoring System for SmartLinx Chart Xpress

ANDOVER, Mass., April 22, 2015 – (ANIA booth #401/403)—CapsuleTech today announced the release of its Early Warning Scoring System (EWSS) for its SmartLinx Chart Xpress® electronic charting solution, utilizing real-time vital sign data to provide clinical decision support at the bedside. Automated, simple-to-use and customizable, the new EWSS option for Chart Xpress analyzes patient data and identifies patterns consistent with patient deterioration that often occur hours in advance of a critical event. 

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FDA grant to determine drug safety through EHRs

The FDA is offering a grant to turn EHR data into usable figures highlighting postmarket risks of various drugs. 

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Uptick expected for healthcare analytics market

The combined annual growth rate in the analytics market during the 10 years from 2010-2020 will be in the 8-11 percent range, according to estimates by IDC Health Insights, making analytics among the top areas of spending growth for hospitals and health systems during this decade.  

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Intermountain CMIO: MU wasn't worth it

CHICAGO—Knowing what we know now, the $29 billion spent on Meaningful Use wasn’t worth it, said Stanley Huff, MD, CMIO of Intermountain Healthcare, delivering the closing keynote at the Physicians IT Symposium during the 2015 HIMSS Annual Conference & Exhibition.

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Industry vet signs on with new company with a fresh view

After 50 years in healthcare, spanning biomedical engineering, health policy, IBM’s Watson supercomputer effort and more, Martin Kohn, MD, has seen a lot. But, he decided to join Sentrian, the first remote patient intelligence company, serving as chief medical scientist.

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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.