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.

FICO acquires CR Software

FICO, a Minneapolis-based developer of analytics and decision management technology, has acquired CR Software, a developer of enterprise collections and recovery technologies for credit issuers, government organizations, collection agencies, retailers and healthcare providers.

VA's million vets program grows

The Department of Veterans Affairs (VA) has taken advantage of its resources to launch the Million Veterans Program, a “mega-database” that will hold genomic and clinical information for future studies about veterans who receive their care from the VA and who volunteer to participate in the program.

Report offers guidance for state drug monitoring programs

State prescription drug monitoring programs can help reduce prescription drug abuse but there is room for improvement, according to a report prepared by MITRE for the Office of the National Coordinator for Health IT, in partnership with the Substance Abuse and Mental Health Services Administration.

ONC names KBCore winner of Patient Safety Reporting System challenge

KBCore, which developed and submitted for consideration a suite of unified web and mobile apps to collect and analyze event reports, was announced the winner of the Office of the National Coordinator for Health IT’s Patient Safety Reporting System Challenge.

McKesson pairs with HCI3 on bundled payments software

McKesson and the Health Care Incentives Improvement Institute (HCI3) have entered an agreement to combine the McKesson Episode Management software with HCI3’s Prometheus Payment model.

AHRQ: Evidence is lacking for measuring quality in disabled

Little evidence is available to adequately assess measures for evaluating quality improvement outcomes among disabled people, according to a new report from the Agency for Healthcare Research and Quality.

Text mining reveals Alzheimer's biomarkers

Searching for Alzheimer's disease biomarkers can be improved through the use of text mining, according to U.K. researchers. In a study published in the Journal of Translational Medicine, the authors were able to identify 25 biomarker candidates via the data mining of publicly available databases, and say the practice could be applied to other disorders.

NQF adds quality measures to behavioral health portfolio

The National Quality Forum (NQF) has endorsed six new behavioral health quality measures and reaffirmed its support for four existing measures related to substance abuse, adherence to antipsychotic medication and post-discharge care coordination for patients hospitalized for mental illness.

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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