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.

Partnership to focus on data exchange, predictive modeling for pediatric patients

Texas-based Children’s Medical Center has announced a collaboration with Dallas-based, non-profit research and development firm PCCI on two new projects aimed at improving children’s health using predictive modeling and networking technologies.

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Data Analytics: Building Knowledge for Better Health

Data holds great promise for improved outcomes and reduced cost­—but proceed with caution. Start with the basics and work up to advanced predictive analytics for the best results, according to the experts.

GAO report: HHS should do more to drive registries

The Department of Health & Human Services (HHS) should do more to ensure that clinical data registries improve the quality and efficiency of healthcare for Medicare beneficiaries, according to a report from the Government Accountability Office (GAO).

ONC offers recommendations to begin improving patient data matching

The Office of the National Coordinator for Health IT released initial findings from a patient identification and matching study during a Dec. 16 meeting on the subject.

Healthcare analytics market valued at $21.3M by 2020

The global healthcare analytics market is estimated to grow from $4.4 million in 2013 to $21.3 million by 2020, according to a report by global market research and consulting company Markets and Markets.

Eleven hospitals recognized for website transparency

URAC and The Leapfrog Group unveiled winners of their second annual 2013 Hospital Website Transparency Awards Program, which identifies hospital websites that promote transparency of safety and quality measures in a useful, user-friendly manner for consumers.

Study: MU med mgmt. cuts ADEs

Hospitals that adopted five medication management components of Meaningful Use Stage 1 had a lower likelihood of adverse drug events, according to a study published in the American Journal of Managed Care.

Greenway Medical Technologies and Inovalon Enter into Strategic Agreement

Inovalon, Inc., a leading provider of data-driven healthcare solutions, today announced that Greenway Medical Technologies, Inc. has entered into a multi-year engagement that enables Inovalon's advanced healthcare data analytics for payers and providers to leverage Greenway's PrimeSUITE electronic health record (EHR) platform, further enabling improvements in clinical and quality outcomes, and financial performance.

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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