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.

Can software reduce unnecessary spending in healthcare industry?

Technology can improve organization of patient files, create limbs with 3D printers and connect patients and doctors around the world. Jon Markman, president of Markman Capital Insight, thinks that technology just might be able to cure healthcare.

Portable diagnostic test can help ID 16 pathogens in rural settings

Testing for multiple drug-resistant pathogens in rural parts of developing countries is often difficult due to the lack of laboratories and resources. Researchers have developed a portable detection system designed to improve care to these remote patients by identifying 16 different pathogens.

Physician burnout affects quality, safety

Physician burnout can negatively impact both quality of care and patient safety. Psychologists from the School of Science at Indiana University-Purdue University Indianapolis (IUPUI) have completed a study focused on the links between burnout, quality and safety.

Dedicated time tops list of most used strategy for resident handoff

Improving resident handoffs has been at the top of the list for many major healthcare organizations. Where they fall short is knowing specifically which recommended strategy is the most effective.

Online communities can improve support for rural patients

A study, by University of Maryland business professors Ritu Agarwal and Guodong Gao, examined if online communities were measured on whether they could reduce disparities in healthcare among rural and urban popoulations.

Color, text changes on medication packaging reduce error rates

Researchers are attempting to minimize errors caused by confusing labels on over-the-counter medications by incorporating changes in fonts and text colors. The team was able to drop error rates from 68 percent to 16 percent in elderly patients.

2016: The year of digital health and recalibration

As 2016 comes to a close, the year has had its share of ups and downs. But looking specifically at the healthcare field, the year proved to be one of recalibration. 

Nationwide Children’s Hospital joins TriNetX

To help create clinical trials, Nationwide Children’s Hospital, pediatric hospital Columbus, Ohio, has signed an agreement to join TriNetX, a software company in Cambridge, Massachusetts. 

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.