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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CMS dataset reveals hospital pricing for 100 services

The Centers for Medicare & Medicaid Services (CMS) released data showing significant variation among U.S. hospitals in charges for the same services.

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NYU big data project to pinpoint undiagnosed diabetes patients

Philadelphia insurer Independence Blue Cross (IBC), New York University (NYU) and NYU Langone Medical Center are jointly collaborating to develop machine-learning algorithms to identify undiagnosed diabetes and pre-diabetes in patients, according to NYU’s April 29 announcement.

CMS/HHS collaboration with Archimedes to enable 'unprecedented' data access

The Centers for Medicare & Medicaid Services (CMS) and the Department of Health and Human Services (HHS) will collaborate with Archimedes—a Calif.-based Kaiser Permanente innovation healthcare modeling and analytics company—to supply “unprecedented” access to synthetic CMS claims data, according to Archimedes' May 1 announcement.

ED costs may be triple current estimates

The true cost of emergency department (ED) services may be as much as three times the amount of longstanding federal estimates.

ONC Health IT dashboard updated

The Office of the National Coordinator for Health IT’s (ONC) has updated its open government product, Health IT Dashboard, with 100,000 new data points.

Blue Cross Blue Shield of Vermont Selects MedeAnalytics' Medical Management Analytics

EMERYVILLE, Calif., April 30, 2013 -- MedeAnalytics, a leading provider of healthcare performance management solutions, announced today that Blue Cross Blue Shield of Vermont (BCBSVT) selected MedeAnalytics' Medical Management Analytics. BCBSVT's vision is to provide population health management--which includes an integrated approach to physical and mental health--as well as future episode-based contracting, also known as bundled payments.

NextBio Announces Translational Medicine Partnership with Sanofi

SANTA CLARA, Calif., April 30, 2013 -- NextBio today announced a multi-year collaboration with Sanofi (NYSE:SNY) aimed at using NextBio Clinical to incorporate patient omics and clinical data into Sanofi's drug research and development, as part of Sanofi's Translational Medicine for Patients (TM4P) program.

2013 Data Design Diabetes Innovation Challenge finalists announced

Sanofi has selected five finalists for its 2013 Data Design Diabetes Innovation Challenge, which will reward $100,000 to the team that develops the greatest innovative, data-driven design to improve diabetes health outcomes in the United States, according to its website. The winning team will receive the prize money at the Health Datapalooza IV in Washington, D.C. on June 4.

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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.

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