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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Express Scripts expands efforts in distribution of big-money gene therapies

Express Scripts, the largest pharmacy benefits management company in the United States with annual revenue of $100 billion, looks like it’s trying to diversify its business offerings. In an interview with Reuters, Steve Miller, chief medical officer of Express Scripts, confirmed the organization is in negotiations with biotechnology companies to exclusively distribute hemophilia therapies.

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Artificial placenta created using 3D printing

Researchers at TU Wien—a university in Vienna, Austria—have created an artificial placenta by using a 3D-printing process, according to a recent study.

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Cardiogram app, Garmin wearable devices now compatible

Garmin wearable devices are now compatible with the Cardiogram heart health app. 

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Scientists express concern after gene-editing tool used on human embryo

Some scientists are showing concern after an experiment used a gene-editing tool to fix a potentially fatal heart condition in a human embryo, according to a report by The Wall Street Journal.

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Graphics, animation more effective for assessment of patient pain

The use of animations and graphics—instead of the traditional self-reporting and numerical scales—is a faster, more effective method for pain assessments in patients.

AI can't match a physician's 'gut instinct' when examining a patient

New research from the Massachusetts Institute of Technology (MIT) suggests a physician's intuition—or, in other words, gut feeling—about a patient’s condition significantly influences the amount of diagnostic imaging, which is well above the capabilities of artificial intelligence (AI).

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Pre-operative 3D image simulation does not improve satisfaction with breast augmentation

Advanced imaging techniques have shown great potential in improving diagnosis and treatment of various conditions. But a recent study of patients undergoing breast augmentation surgery showed 3D image simulation did not improve satisfaction post-procedure, though most patients preferred the use of the imaging technique.

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Can self-reported data from patients be trusted? Depends on the outcome

As the saying goes, You can’t always believe what you hear. But when it comes to patients self-reporting health care utilization, just how accurate can people be? A study, published July 30 in the Journal of Medical Internet Research, examined patients’ abilities to recall complications in the 90 days after orthopedic procedures through an automated online patient engagement survey.

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.