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.

Male docs receive vast majority of payments from drug companies

More than 90 percent of the 300 doctors who received money from drug companies in exchange for speaking and consulting are men, reports The New York Times.

October 8, 2014

HIX small business plans 7% cheaper on average

Health plans available to small businesses in health insurance exchanges are on average about 7 percent cheaper than comparable plans offered elsewhere, reports The Washington Post.

September 30, 2014

Post ACA, virtual doc business thriving

The Affordable Care Act, and its push to reign in healthcare spending, is catalyzing a new wave of telemedicine ventures.

September 30, 2014

Philips merges healthcare, consumer goods assets

Philips is merging its healthcare and consumer goods assets into one operation called Healthcare, reports Bloomberg. Together, these assets are valued at $19 billion. 

September 27, 2014

COTA Closes $3.7M of Planned $7M Series A Funding Round to Transform Cancer Outcomes and Reimbursement

HACKENSACK, NJ – September 23, 2014 – COTA, Inc. today announced it has closed $3.7 million in a planned $7 million Series A funding round led by Horizon Healthcare Services, Inc. (Horizon), with participation from Med-Metrix.

September 25, 2014

Startup mines consumer data to offer drug-taking info and advice

Iodine, a new company slated to launch next week, will harness Google Consumer Surveys to provide an online service with tailored drug-taking information and advice, reports The New York Times.

September 24, 2014

NextServices™ and Quantta Analytics Establish Partnership to Develop Advanced Analytics For Hospitals, Surgery Centers and Multi-Specialty Groups

Ann Arbor, Michigan, September 12, 2014 -- A cornerstone of the partnership is to use data to help healthcare systems and organizations make informed decisions to deliver and improve patient care. Core elements of the partnership include:

September 18, 2014

eClinicalWorks Customers Generate Savings with ACO Model

WESTBOROUGH, Mass.--eClinicalWorks®, a leader in ambulatory healthcare IT solutions, recognizes the success of Accountable Care Organizations (ACOs) in generating savings for the healthcare industry. Through eClinicalWorks Care Coordination Medical Record (CCMR®), the company currently works with a wide variety of Medicare, Medicaid and other shared savings programs, aiding them in population health management. Many of these organizations are experiencing the benefits outlined by the U.S. Department of Health and Human Services (HHS) this week.

September 18, 2014

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

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