# Health Economics * **Definition:** A field of study that evaluates the economic aspects of health and healthcare, focusing on the efficiency, effectiveness, value, and behavior in the production and consumption of health and healthcare, including the cost-effectiveness of treatments and interventions. * **Taxonomy:** Healthcare Topics / Health Economics ## News * Selected news on the topic of **Health Economics**, for healthcare technology leaders * 5.5K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/26/2025 | [**JAMA**](https://jamanetwork.com/journals/jama/fullarticle/2834439) | [[JAMA Network]] | | 5/8/2025 | [**RFK Jr. wants Americans' health records to study autism. It's not that easy to get them - STAT News**](https://www.statnews.com/2025/05/08/kennedy-plan-would-combine-health-records-cms-claims-data-heres-why-previous-attempts-failed/) | [[STAT]] | | 4/7/2025 | [**FIECON Joins Herspiegel to Expand Global Life Science Commercialization Services**](https://www.prnewswire.com/news-releases/fiecon-joins-herspiegel-to-expand-global-life-science-commercialization-services-302421440.html) | [[PR Newswire]] | | 4/7/2025 | [**FIECON Joins Herspiegel to Expand Global Life Science Commercialization Services**](https://finance.yahoo.com/news/fiecon-joins-herspiegel-expand-global-080000329.html) | [[Yahoo Finance]] | | 4/7/2025 | [**Revenue vs. risk reduction: Inside 4 systems' cardiac care strategies**](https://www.beckershospitalreview.com/cardiology/revenue-vs-risk-reduction-inside-4-systems-cardiac-care-strategies/) | [[Beckers Hospital Review]] | | 3/26/2025 | [**New administrative data in Truveta Data and features in Truveta Studio help researchers accelerate regulatory grade research**](https://www.globenewswire.com/news-release/2025/03/26/3049717/0/en/New-administrative-data-in-Truveta-Data-and-features-in-Truveta-Studio-help-researchers-accelerate-regulatory-grade-research.html) | [[Globe Newswire]] | | 3/24/2025 | [**Health Economics Meets European Health… - David Cabezon Egurrola - LinkedIn**](https://www.linkedin.com/posts/david-cabezon-egurrola_%F0%9D%90%87%F0%9D%90%9E%F0%9D%90%9A%F0%9D%90%A5%F0%9D%90%AD%F0%9D%90%A1-%F0%9D%90%84%F0%9D%90%9C%F0%9D%90%A8%F0%9D%90%A7%F0%9D%90%A8%F0%9D%90%A6%F0%9D%90%A2%F0%9D%90%9C%F0%9D%90%AC-%F0%9D%90%8C%F0%9D%90%9E%F0%9D%90%9E%F0%9D%90%AD%F0%9D%90%AC-activity-7309547175925997568-HQ1n) | [[Linkedin]] | | 3/12/2025 | [**Turacoz Group Leads the Future of Evidence Synthesis With AI-Powered Living Systematic ...**](https://www.prnewswire.com/news-releases/turacoz-group-leads-the-future-of-evidence-synthesis-with-ai-powered-living-systematic-reviews-at-world-evidence-pricing-and-access-epa-congress-europe-2025-302399579.html) | [[PR Newswire]] | | 3/5/2025 | [**HEOR Services Market Size Booms with CAGR 12.3Projected to Reach $3.79 Billion by 2031**](https://finance.yahoo.com/news/heor-services-market-size-booms-153000807.html) | [[Yahoo Finance]] | | 2/13/2025 | [**Truveta Data expands beyond EHR data with linked closed claims for more than 200 million patients**](https://www.globenewswire.com/news-release/2025/02/13/3025934/0/en/Truveta-Data-expands-beyond-EHR-data-with-linked-closed-claims-for-more-than-200-million-patients.html) | [[Globe Newswire]] | | 2/13/2025 | [**Truveta Data expands beyond EHR data with linked closed claims for more than 200 million patients**](https://finance.yahoo.com/news/truveta-data-expands-beyond-ehr-140000389.html) | [[Yahoo Finance]] | | 1/31/2025 | [**Ancient drug could save NHS millions each year when treating older patients with heart conditions**](https://www.news-medical.net/news/20250131/Ancient-drug-could-save-NHS-millions-each-year-when-treating-older-patients-with-heart-conditions.aspx) | [[News Medical Net]] | | 1/3/2025 | [**Artificial Intelligence, Digital Tools and the Future of Healthcare**](https://www.cioreview.com/cxoinsight/artificial-intelligence-digital-tools-and-the-future-of-healthcare-nid-40679-cid-31.html) | [[CIO Review]] | | 12/17/2024 | [**Top 5 Conference Coverage of 2024**](https://www.ajmc.com/view/top-5-conference-coverage-of-2024) | [[AJMC]] | | 12/7/2024 | [**With an anticipated CAGR of 7.5the Invasive Blood Pressure Monitoring Sensors Market ...**](https://www.linkedin.com/pulse/anticipated-cagr-75-invasive-blood-pressure-monitoring-ymmbe) | [[Linkedin]] | | 12/2/2024 | [**Future Market Trends for Electronic Health Records (EHR) System: Forecasting Size, Share ...**](https://www.linkedin.com/pulse/future-market-trends-electronic-health-records-ehr-system-forecasting-r1hde) | [[Linkedin]] | | 10/23/2024 | [**Emerging Technologies Reshaping the Health Economics & Outcomes Research (HEOR ...**](https://www.linkedin.com/pulse/emerging-technologies-reshaping-health-economics-outcomes-addoc) | [[Linkedin]] | | 10/11/2024 | [**Siloam Hospitals ramp up AI integrations and more partnership briefs - Healthcare IT News**](https://www.healthcareitnews.com/news/asia/siloam-hospitals-ramp-ai-integrations-and-more-partnership-briefs) | [[Healthcare IT News]] | | 9/12/2024 | [**Portal allows West Virginians to access vaccine records - News - fayettetribune.com**](https://www.fayettetribune.com/news/portal-allows-west-virginians-to-access-vaccine-records/article_5b3d492a-711e-11ef-84d3-6bf090a39b72.html) | fayettetribune.com | | 9/11/2024 | [**Western Tech hosts a town hall on sustainability and healthcare - News - WXOW**](https://www.wxow.com/news/western-tech-hosts-a-town-hall-on-sustainability-and-healthcare/article_13d14ecc-70a3-11ef-8260-df47a805f3fe.html) | wxow.com | | 9/4/2024 | [**The CHOICE Institute partners with Truveta to advance health economics and outcomes research**](https://www.globenewswire.com/news-release/2024/09/04/2940580/0/en/The-CHOICE-Institute-partners-with-Truveta-to-advance-health-economics-and-outcomes-research.html) | [[Globe Newswire]] | | 8/28/2024 | [**Real-World Evidence Solutions Market Share, Trends And Report 2024-2032**](http://prsync.com/imarc-group/real-world-evidence-solutions-market-share-trends-and-report---4260791/) | [[PRSync]] | | 8/15/2024 | [**Creating More Equitable Clinical Trials With Health Systems Science**](https://www.clinicalleader.com/doc/creating-more-equitable-clinical-trials-with-health-systems-science-0001) | [[Clinical Leader]] | | 7/31/2024 | [**OM1 Supporting Alzheimer's Research and Care w/Expanded Dataset**](https://hitconsultant.net/2024/07/31/om1-supporting-alzheimers-research-and-care-w-expanded-dataset/) | [[HIT Consultant]] | | 7/9/2024 | [**The Pharma CCO Market to clock a double-digit growth rate by 2027 - Daily Investor Hub**](https://dailyinvestorhub.com/the-pharma-cco-market-to-clock-a-double-digit-growth-rate-by-2027/) | dailyinvestorhub.com | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **CHOICE Institute**: A research institute at the University of Washington focusing on health economics and outcomes research. - **Inspire**: An online health community that connects patients and caregivers, focusing on health economics and outcomes research. - **Value Analytics Labs**: A company committed to driving innovation in health economics and market access. - **ValueGen.AI**: An AI platform designed to enhance evidence generation and economic modeling in health economics. - **ADVI Health**: A consulting firm that has acquired PHAR to strengthen its capabilities in health technology assessment and health economics. - **Ontada**: A McKesson business specializing in community oncology real-world data to enhance health economics and outcomes research. - **EQT Life Sciences**: An investment firm that supports health technology companies, focusing on improving healthcare quality and reducing costs. - **Truveta**: A collective of 30 US health systems providing comprehensive patient data for health economics and outcomes research. - **CMS**: The Centers for Medicare & Medicaid Services, which plays a crucial role in adopting real-world evidence for medical device coverage evaluations. - **Institute for Value-Based Medicine**: Hosts events discussing innovations in cardiac care and value-based care. - **Instacart**: Partnering with healthcare systems to address social determinants of health through food access. - **OM1**: A leader in real-world insights synthesis, focusing on personalized medicine and real-world evidence research. - **Atropos Health**: A company offering real-world data solutions to enhance drug development and commercialization. - **Banner|Aetna**: A health insurance collaboration aimed at improving member outcomes in Arizona. - **Eli Lilly**: Investing in digital health innovation and AI-powered technologies to enhance research and development in healthcare. - **NYU Langone Health**: Established a Health Informatics department to leverage emerging technologies like generative AI for improved healthcare delivery. - **Genesis Research Group**: A company enhancing real-world data analytics capabilities to support market access strategies for life sciences. - **Ochsner Health**: Collaborating with Xavier University to address health disparities through targeted interventions. - **Mass General Brigham**: A healthcare provider evaluating AI models to improve healthcare delivery. ### Partnerships and Collaborations - **CHOICE Institute and Truveta**: This partnership aims to utilize EHR data to advance health economics and outcomes research, focusing on chronic diseases and the value of care. - **American Journal of Managed Care (AJMC)**: Provides digital research relevant to health policy and decision-making in managed care. - **NYU Langone Health**: Creating a centralized hub for health informatics to improve clinical care and research. - **Genesis Research Group**: Collaborates with life sciences companies to combine stakeholder insights and data-agnostic expertise for market access strategies. - **Avelity and Janus**: Partnership focused on improving healthcare reporting and performance. - **HFMA and FinThrive**: Acquisition aimed at enhancing revenue cycle management technology. - **Ochsner Health and Xavier University**: Collaboration focused on health equity education and addressing health disparities. - **NEST and various stakeholders**: Working together to improve the quality of medical device submissions through real-world evidence. - **Healthcare AI Challenge Collaborative**: A collaborative effort to test and compare AI offerings in simulated clinical environments. - **Ontada and Datavant**: This collaboration integrates real-world data into Datavant's ecosystem to enhance insights for life science companies, supporting oncology health economics. - **Texas A&M Health and BurstIQ**: Utilizing the LifeGraph platform to enhance genomic data governance. - **Sheba Medical Center and Paradigm Health**: Created a global network to enhance clinical research and make clinical trials more accessible and patient-centered. - **Inka Health Corp. and Quantify Research**: Collaboration to explore advanced data analytics in oncology research. - **Singapore's National Healthcare Group and Nanyang Technological University**: Establishing an AI research center focused on healthcare applications. - **Surescripts and Cleveland Clinic**: Working together to streamline the prior authorization process to reduce provider burnout. - **Instacart and Northwell Health**: A partnership aimed at improving food security for underserved communities. - **Medtronic and SingHealth**: Collaboration focused on improving Type 1 Diabetes management through advanced technologies. - **Medtronic and Institut Jantung Negara**: A partnership aimed at enhancing cardiovascular care through capacity-building and knowledge sharing. - **Hyperfine and CMS**: Hyperfine's Swoop® system is set to secure reimbursement for MRI scans, expanding its market access in hospitals and clinics. ### Innovations, Trends, and Initiatives - **Health Economics Education**: Xtalks is offering free webinars to educate professionals on various health economics topics, enhancing knowledge in the field. - **Web-based Health Economics Models**: There is a shift towards web-based models for health economics due to the limitations of traditional software like MS Excel in data presentation and integration. - **Generative AI in Health Economics**: Explored for its potential to streamline systematic reviews and economic modeling. - **Real-World Evidence (RWE) and Health Economics and Outcomes Research (HEOR)**: Growing demand for RWE and HEOR to provide insights into patient safety and treatment efficacy, influencing regulatory approvals and payer decisions. - **AI in Health Economics**: Artificial Intelligence is transforming health economics by improving data analysis, streamlining clinical trials, and enabling personalized medicine. - **Health Systems Science (HSS)**: Integrating HSS into clinical trials to enhance the relevance and rigor of medical research. - **Value-Based Care**: Shifting focus towards delivering high-quality healthcare services that improve patient outcomes while controlling costs. - **Real-World Evidence (RWE)**: Increasing reliance on RWE to demonstrate the value of new treatments and assess cost-effectiveness. - **Telehealth Expansion**: Increasingly important for delivering value-based care and reducing operational costs. - **Truveta Data Enhancements**: Integration of new claims data to support health economics and outcomes research. - **Health Equity Initiatives**: The National Committee for Quality Assurance released a white paper on improving asthma care, emphasizing the need for addressing social determinants of health. - **Remote Patient Monitoring Services**: Projected growth driven by demand for cost-effective healthcare solutions and chronic disease management. - **Digital Health Solutions**: Growth in telehealth and digital mental health tools post-COVID-19, projected to significantly increase market size. - **Multiparameter Patient Monitoring**: Significant growth due to technological advancements and the aging population, focusing on chronic disease management. - **AI in Healthcare**: Emerging as a significant topic for 2024, with discussions on its potential to transform healthcare while addressing governance challenges. - **Behavioral Health Tech 2024 Conference**: Focusing on improving access to mental health care through technology and innovation. - **HTI-2 Proposed Rule**: Aimed at enhancing healthcare information exchange and interoperability among various stakeholders. - **AI and Big Data Analytics**: Transforming the collection and analysis of real-world data to derive actionable insights for healthcare professionals. - **Direct Primary Care (DPC) Model**: A healthcare model allowing patients to pay directly for services, emphasizing personalized care and aiming to simplify access to care. ### Challenges and Concerns - **Economic Burden of Diseases**: Conditions like eosinophilic esophagitis and microscopic colitis impose significant economic burdens, highlighting the need for improved disease management strategies. - **Rising Healthcare Costs**: Healthcare organizations face pressure to manage costs while delivering value-based care. - **Healthcare System Strain**: Healthcare systems are under pressure from chronic diseases, rising costs, and the need for innovative solutions to improve patient access and care. - **Healthcare Affordability**: Older adults face high out-of-pocket costs despite Medicare coverage, particularly in dental care and prescriptions. - **Evolving Healthcare Ecosystem**: Executives face challenges related to adapting to the rapidly changing healthcare landscape and stakeholder needs. - **Pharmacy Benefit Managers (PBMs)**: Concerns over PBMs' role in drug pricing and access have sparked debates about their impact on healthcare costs. - **Integration Complexities**: Challenges in integrating new technologies into existing healthcare systems, impacting efficiency and patient outcomes. - **AI Ethical Challenges**: Concerns regarding trust, safety, and equitable access to AI technologies in healthcare. - **Regulatory and Reimbursement Pathways**: Medical technology companies face challenges in demonstrating product value for reimbursement while meeting regulatory approval requirements. - **Healthcare Deserts**: Limited access to essential medical services in many U.S. counties, exacerbated by a healthcare worker shortage. - **Regulatory Scrutiny**: Increased regulatory scrutiny is impacting the pharmaceutical industry, requiring companies to adapt their market access strategies. - **Rising R&D Expenditures**: The pharmaceutical industry faces challenges due to increasing R&D costs and decreasing revenues, necessitating enhanced market access and compliance services. - **Complexity of Medical Billing**: Increased complexity necessitates effective revenue cycle management solutions. - **Data Privacy and Security**: Healthcare organizations struggle with managing cybersecurity amidst resource limitations. - **Cybersecurity Threats**: Healthcare organizations face vulnerabilities due to underfunded security budgets. - **Standardization of AI Evaluation**: Lack of standardized metrics complicates the comparison of AI tools' efficacy in healthcare. - **Cybersecurity in Healthcare**: Increased focus on proactive approaches to identify vulnerabilities and protect patient data amid rising ransomware attacks. - **Racial Disparities**: Significant disparities in asthma-related hospitalizations among Black and White children, indicating broader access and treatment discrimination issues. - **Regulatory Compliance**: Startups must ensure compliance to facilitate market entry and demonstrate economic value.