In the Spring 2013 Economic Outlook from provider alliance Premier Inc. that included surveying 530 hospitals and health systems, 43 percent of respondents expect health information technology and telecommunications to be its largest capital investment during the next...
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Roper to Pay $1 Billion for Health-Care Technology Company MHA
Roper Industries Inc. (ROP), a maker of products from medical imaging to refrigeration valves, agreed to purchase Managed Health Care Associates Inc. for $1 billion in cash, in its second large medical transaction in less than a year. The deal for closely Managed...
Beyond hospice: New models of care focus on advanced illnesses
In Michigan, new models of patient care target those not ready for hospice Proponents of emerging forms of advanced illness care are banking on new payment models, such as accountable care organizations, to bolster their efforts and provide reliable...
Like Hospitals, Skilled Nursing Facilities Could Face Readmission Penalties
Skilled nursing facilities could soon share responsibility—and accompanying penalties—with hospitals for avoidable readmissions, as the Department of Health and Human Services (HHS) included the Medicare Payment Advisory Commission’s (MedPAC) recommendation to...
GPOs want new medical device labeling faster, medical device companies ask for more time
Group purchasing organizations want the Food and Drug Administration to hurry up its timeline for implementing new medical device labels and a tracking system that could make recalling products easier and more efficient, while medical device companies fret that the...
Oxygen exposure does not promote healing for diabetic foot ulcers, researchers discover
Long-term care providers may want to think twice about including oxygen exposure in the treatment regimen for residents with diabetic foot ulcers. Oxygen treatment does not improve wound healing and may actually be harmful, according to a new study. Researchers at the...
From a Supply Chain to a True-Value Chain: Best Practices for Transforming Your Clinical Supply Chain
On Thurs., April 18, healthcare supply chain experts from three Chicago-area health systems shared best practices for managing the clinical supply chain in a panel at an educational program hosted by the Chicago Health Executives Forum. Thomas Lubotsky, vice present...
Healthcare Supply Chain Could Benefit from Using Retail’s Best Practices
A new survey by researchers at the University of Arkansas indicates that the healthcare industry’s supply chain lags behind the retail industry supply chain and could benefit significantly from adopting several of retail’s best practices. “The retail industry has a...
Day Centers Sprout Up, Luring Fit Elders and Costing Medicaid
Scores of elderly Russian immigrants played bingo under the chandeliers of a former funeral parlor in Brooklyn on a recent Monday, with a free dinner and door-to-door transportation from anywhere in the city. Nearby, older people speaking Chinese filled a...
Missed, wrong diagnoses most dangerous errors, study says
They rarely get the attention paid to never events, such as wrong-site surgery or death from a medication error, but errors involving missed, delayed or incorrect diagnoses are the most common, costly and dangerous mistakes made in the U.S. healthcare system, argue...