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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Two studies address alarm fatigue in ICU

Alarm fatigue within the intensive care unit (ICU) can negatively impact patient safety and lead to life-threatening events. Researchers from Harlem Hospital and Maimonides Medical Center, both in New York, aimed to identify solutions fight such fatigue.

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YouTube videos fall short in educating patients about influenza

Watching videos is a fun and easy way to learn about something new—and healthcare professionals are taking advantage of platforms like YouTube to educate patients. In a study published in Chest, researchers evaluated the educational quality of seasonal influenza videos on YouTube.

Statement by FDA Commissioner Scott Gottlieb, MD, on medical device manufacturing recovery in Puerto Rico

During the weeks since Hurricanes Irma and Maria devastated the infrastructure of Puerto Rico, the U.S. Food and Drug Administration has joined federal and local agencies in the effort to help the people of Puerto Rico recover and begin to rebuild the island. Among the challenges the FDA has addressed is the potential for shortages of critical medical products. The FDA has been monitoring more than 40 drug products and working closely with dozens of pharmaceutical and medical device companies to help these important facilities get back online; enabling employees to return to work and manufacturers to ramp up production of medical products used by all Americans.

AMA joins leading companies, organizations to develop data model

The American Medical Association (AMA) has partnered with IBM, Cerner, Intermountain Healthcare, the American Heart Association and the American Medical Informatics Association to develop the Integrated Health Model Initiative (IHMI).

Solera Health, ADA partner to prevent type 2 diabetes

Solera Health, a preventive care benefits manager, has partnered with the American Diabetes Association (ADA) to provide at-risk type 2 diabetes patients with access to the Diabetes Prevention Program (DPP) and Solera4Me, an online platform for diabetes management.

High-tech prosthetic knees could reduce medical cost of a fall

Mayo Clinic researchers found the type of prosthetic knee used in patients has dramatically different effects on medical costs associated with falls, according to a study published in Prosthetics and Orthotics International.

Surgeons complete first 3D-printed titanium and polymer sternum implant

American surgeons have completed the replacement of a patient’s sternum and partial ribcage using a custom 3D-printed titanium and polymer implant. The technology has only been used once before to print a composition sternum and ribcage.

Wellpepper wins $125K, first prize in Amazon Alexa Diabetes Challenge

The Alexa Diabetes Challenge, a competition searching for innovators to develop a type 2 diabetes care platform utilizing the Amazon voice-enabled device, has awarded a grand prize of $125,000 to Wellpepper and its Sugarpod concept. The Challenge was sponsored by Merck & Co., supported by Amazon Web Services and run by Luminary Labs.

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Around the web

Health Exec
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.

Health Exec
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.

Health Exec
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.