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.

Smartphone as disruptive medicine

The smartphone as disruptive medicine

Healthcare providers looking to engage patients will find a key enabling—and potentially disruptive—tool in their back pockets: the smartphone.  Writing in the Saturday edition of the Wall Street Journal, cardiologist Eric Topol, MD, reviews a growing portfolio of powerful new applications and devices that can diagnose an ear infection, monitor mental health, track heart rhythms and even generate x-rays.

January 13, 2015

Prison term for ID theft

A breach at an Alabama hospital that resulted in a two-year jail term for a hospital employee suggests that insider threats to patient data security may be greater challenge than many providers understand.

January 12, 2015

Looking ahead: Compliance with regulations on CT equipment and dose monitoring

One of the topics weighing heavily on the minds of those providers who perused all the new CT imaging equipment on display at RSNA 2014 was the new legislation dedicated to medical imaging as it relates to making provisions to more strictly control CT dosage requirements under NEMA Standard XR-29-2013.

December 23, 2014

CareCore National and MedSolutions merge

BLUFFTON, SC AND FRANKLIN, TN – December 4, 2014 – CareCore National, LLC ("CareCore") and MedSolutions, Inc. ("MedSolutions"), two leading providers of Specialty Benefits Management (SBM) services to managed care organizations and risk-bearing provider organizations, today announced the completion of a merger that will help advance the companies‘ collective commitment to containing healthcare costs and achieving quality medical outcomes.

December 4, 2014
Middle class healthcare spending

Middle class healthcare spending rose 24% between 2007 and 2013

The Wall Street Journal released sobering analysis of basic spending by the American middle class this week based on consumer spending data from the Bureau of Labor Statistics. The report puts into stark relief the rising role of consumerism in healthcare delivery: Healthcare spending was up 24% and income rose a mere half percentage point.

December 4, 2014

RamSoft PowerServer Achieves ONC HIT 2014 Edition Complete EHR Certification from ICSA Labs

RamSoft PowerServer 6.0 has achieved ONC HIT 2014 Edition complete EHR certification, which designates that the software is capable of supporting eligible providers with meeting the Stage 1 and Stage 2 Meaningful Use measures required to qualify for funding under the American Recovery and Reinvestment Act (ARRA).  PowerServer 6.0 was certified on October 10, 2014 by ICSA Labs, an Office of the National Coordinator-Authorized Certification Body (ONC-ACB) and is compliant in accordance with applicable criteria adopted by the Secretary of Health and Human Services (HHS).

November 11, 2014
vRad analytics portfolio

vRads expands analytics portfolio with global practice information (GPI) report for radiology practices

MINNEAPOLIS, MN — (October 21, 2014) vRad (Virtual Radiologic), the nation‟s largest telemedicine company and radiology practice with over 500 physicians, now offers clients the GPISM (Global Practice Information) Report, a one-stop, automated, monthly analytics solution providing a 24x7 look inside their radiology practice, including consolidated summary and facility-level onsite and teleradiology metrics for effective overall practice management.

October 23, 2014

PenRad partners with Clinithink to optimize ICD-10 coding compliance at the point of dictation

ATLANTA--(BUSINESSWIRE)--PenRad Technologies, Inc, the market leader in Mammography Information Systems (MIS), today announced its partnership with Clinithink to refine the process of clinical documentation for radiologists in real-time. PenRad is embedding Clinithink's CNLP (Clinical Natural Language Processing) platform into its MIS solution to increase productivity, accuracy and efficiency of the mammography reporting workflow for its existing install base.

September 16, 2014

Around the web

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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