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.

Healthcare Analytics & Medical Analytics Market (Predictive Modeling, Clinical Analytics, Financial Analytics & Others) - Trends & Global Forecasts to 2017

Healthcare organizations have large amounts of data but often do not have the tools to bring the data together for useful business information and planning. Healthcare analytics is the systematic use of data and related business insights developed through applied analytical disciplines such as, statistical, contextual, quantitative, predictive, cognitive, other including emerging model to drive fact-based decision making for planning, management, measurement and learning. Analytics may be descriptive, predictive or prescriptive.

Patent Covering GNS Healthcare's Big Data Analytics in Healthcare Issued

GNS Healthcare today announced that U.S. Patent 8,571,803, entitled "Systems and Methods for Modeling and Analyzing Networks," has been issued, relating to significant innovations in automated causal data analytics.  The patent covers key methods underlying REFS(TM), a computational platform that automatically builds predictive and explanatory models from big data.

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HCLF: CDS, IT to reduce disparities, meet MU

CHICAGO—The ultimate vision of the Meaningful Use program is to create significant and measurable improvements in population health through a transformed healthcare delivery system, said George Hripcsak, MD, MS, chair of the department of biomedical informatics at Columbia University. Hripcsak spoke during the Healthcare Leadership Forum on Nov. 15.

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HCLF: Adverse events higher than previously reported

CHICAGO—Adverse events in hospitals may be ten times greater than previously measured, according to research conducted by David C. Classen, MD, MS, CMIO of Pascal Metrics and assistant professor of the department of medicine at the University of Utah, who spoke during the Healthcare Leadership Forum on Nov. 14.

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HIMSS Analytics debuts maturity model

The DELTA Powered Analytics Assessment, the first healthcare-industry benchmark designed to measure and score analytical maturity, was launched by HIMSS Analytics and The International Institute for Analytics.

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HCLF: Halamka discusses standards to come

CHICAGO—As a Pioneer Accountable Care Organization (ACO), Beth Israel Deaconess Medical Center in Boston created registries and repositories to help with its quality measurements, said John D. Halamka, MD, CIO, speaking during the Healthcare Leadership Forum on Nov. 15.

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HCLF: 'EHRs must become smarter'

CHICAGO—Personalized medicine may bring clinicians at odds with evidence-based medicine, said Howard C. Bauchner, MD, editor-in-chief of the Journal of the American Medical Association, speaking at the Healthcare Leadership Forum. Healthcare is working on “reconciling patient preference with evidence-based medicine,” he said.

UK, US launch large, public cloud-based data repository

The White House Office of Science and Technology Policy launched an international collaboration as part of its efforts to create large, cloud-based open health data repositories.

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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