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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N. American healthcare cloud computing market to reach $6.5B by 2018

The North American healthcare cloud computing market is predicted to grow to almost $6.5 billion by 2018, according to a report from research firm MarketsandMarkets.

Mayo partners with Optum to mine data

BOSTON--Mayo Clinic took a big leap of faith partnering with Optum Labs, said Cris Ross, CIO, speaking at the Medical Informatics World Conference on April 29.

How to build an analytics-driven organization

BOSTON--What’s the best word to describe building an analytics-driven organization? “The word I would pick is strategy, as you have to be aligned with the corporate strategy or the whole system breaks down,” said Inderpal Bhandari, PhD, senior vice president and chief data officer at Cambia Health Solutions, speaking at the Medical Informatics World Conference on April 29.

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RAND on driving low cost, high value medical product innovation

Lack of basic scientific knowledge about some disease processes, costs and risks of FDA approval, limited rewards for medical products that could lower spending, treatment creep and the medical arms race all tend to increase healthcare spending without conferring major health benefits, according to a recent report.

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KLAS: Analytics becoming a ‘must-have’

The need for analytics is growing as healthcare organizations move from volume to value-based care. As a result, vendors are rushing to the market with a wave of new products, including more targeted solutions, according to a report from KLAS, a Utah-based research firm.

Twitter data grant winners include three health projects

Three health projects were chosen as recipients of Twitter’s #DataGrants pilot program, which aims to give a handful of research institutions access to its public and historical data.

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GS1 Healthcare issues UDI guidance

Supply chain standards development organization GS1 Healthcare US has released guidance for using certain standards to implement Unique Device Identification requirements as promulgated by the FDA in September 2013.

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Two biomarkers validated as predictive of renal failure

A new study validates two novel biomarkers as predictive of acute kidney injury, or acute renal failure, an asymptomatic condition that often is fatal.

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.

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