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.

Report: Reimbursement cuts instill fear in hospital CEOs

While hospital CEOs work to provide unwavering care to patients, most agree that cuts to reimbursement and the ambiguity of future payment models as a result of healthcare reform will be the biggest challenge, according to a survey of top hospital CEOs conducted by Thomson Reuters.

AMA to Congress: Consider the physicians in cutting healthcare costs

Despite the temptation to conclude that anything that drives down medical fees is good for consumers, many policy experts have asserted that lower fees paid by insurers may result in high premium for patients, according to a Sept. 9 statement submitted to the U. S. House Ways and Means Health Subcommittee by the American Medical Association (AMA).

Health Affairs: Infection interventions could save lives, dollars

Hospital acquired infections are expensive, deadly and, most importantly, preventable, noted the authors of a recent study published in the September issue of Health Affairs, who found that the implementation of cost-effective prevention measures may not only save thousands of lives, but also billions of dollars.

Health Affairs: Are ACOs ready for prime time?

An article published in the September edition of Health Affairs highlighted lessons from accountable care organization (ACO) models where the authors concluded that not all providers are equally ready to enter into these arrangements with health plans, thereby suggesting that flexibility be built into the design of these arrangements.

AHIMA selects Thomas Gordon as new CEO

The American Health Information Management Association (AHIMA) board of directors has appointed Lynne Thomas Gordon, MBA, as CEO, effective Sept. 29.

Major Stanford breach openly posts medical info online

A privacy breach of limited medical information caused certain patients information from the emergency department of the Stanford Hospital & Clinics to be posted on a website.

Health Affairs: System-wide quality definition can lead to improved outcomes

A multispecialty group practice, hospital, employers and health plans can define quality and align performance and payment along common goals, according to an article publish in the September edition of Health Affairs.

Studies: Insurance access, medical home benefit undocumented children

Undocumented children who have access to health insurance are healthier and more engaged in school than those without insurance, according to researchers at the Keck School of Medicine of the University of Southern California (USC) in Los Angeles. Findings from the data were published in two separate studies.

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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