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.

Ambient Clinical Analytics Technology Takes Home First Place for the University of Minnesota’s Carlson School of Management in Health Case Competition

ROCHESTER, MN (July 15th, 2014) - Ambient Clinical Analytics, Inc., the provider of powerful bedside real-time critical decision support tools for ICU, Operating Room and Emergency Departments, was precisely chosen by the University of Minnesota’s Carlson School of Management to be the focus of their case study in the annual Business School Alliance for Health Management competition. The Carlson School earned first place by showcasing the technology from AmbientClinical Analytics.

July 16, 2014
Partnering for more strategic gain.

HFMA survey: Strategy now beats competitive advantage as reason to merge

The pressure to control costs and manage risk-based payment systems is changing the reasons why healthcare providers merge finds a new survey of Healthcare Financial Management Association (HFMA) members.

June 24, 2014

HIMSS Analytics Announces Siemens as Certified Educator of the DELTA-Powered Analytics Assessment

CHICAGO (June 23, 2014) – HIMSS Analytics today named Siemens Healthcare a Certified Educator of the DELTA PoweredTM Analytics Assessment.

June 23, 2014

ConvergeHEALTH by Deloitte and Regenstrief Institute Announce Collaboration to Accelerate the Use of Real World Evidence in Health Care

NEW YORK, INDIANAPOLIS, June 17, 2014 – ConvergeHEALTH by Deloitte and the Regenstrief Institute, Inc. are announcing that Regenstrief, an internationally recognized informatics and health care research organization, has become a member of ConvergeHEALTH’s real-world evidence and analytics consortium. 

June 19, 2014

Press Ganey Acquires National Database of Nursing Quality Indicators (NDNQI®)

June 10, 2014, Boston, Massachusetts – Press Ganey today announced the acquisition of the National Database of Nursing Quality Indicators (NDNQI®), the leading quality improvement and nurse engagement tool developed by the American Nurses Association (ANA) and managed by The University of Kansas School of Nursing. The acquisition strengthens Press Ganey’s ability to empower nurses and nursing leaders in their mission to reduce patient suffering and improve the patient experience.

June 19, 2014

Deyta Offers Submission Services to Hospices for Automated Submission of Hospice Item Set Data to CM

Louisville, KY, June 19, 2014 -- Deyta, LLC announced today that it will offer Submission Services with its new Quality Actionboards to further alleviate administrative burdens associated with ensuring Hospice Item Set (HIS) compliance. As part of the CMS Hospice Quality Reporting Program (HQRP), all Medicare-certified hospices will be required to capture, validate and report the 64 patient-level data elements that comprise the HIS for all patients admitted on or after July 1, 2014.

June 19, 2014

Aetna and LHS Health Network Reach New Agreement

PARSIPPANY, N.J.– Aetna (NYSE: AET) and LHS Health Network, an affiliate of Lourdes Health System, today announced a new accountable care organization (ACO) agreement that will improve the coordination and delivery of patient care. The LHS Health Network will deliver a better patient experience for more than 20,000 Aetna members in Camden, Burlington and Gloucester counties. In addition, Aetna and LHS Health Network will begin a new Medicare provider collaboration serving more than 2,000 Aetna Medicare members.

June 17, 2014

Cumberland Consulting Group Acquires Cipe Consulting Group

NASHVILLE, Tenn. (June 16, 2014) – Cumberland Consulting Group, a national healthcare technology implementation and project management firm, today announced that it has acquired the assets of Seattle-based Cipe Consulting Group, LLC, a growing healthcare technology consulting firm specializing in electronic health records and revenue cycle system implementation and support, including workflow and business analytics.

June 17, 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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