Tue.Apr 16, 2024

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Steward bankruptcy likely as massive debt remains, with few options left

Health Care Dive

Steward Health Care’s forbearance period ends in less than 15 days. Analysts say this time, creditors are unlikely to extend the embattled company another lifeline.

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UnitedHealth Group posts $1.4B loss in Q1 amid Change cyberattack fallout

Fierce Healthcare

UnitedHealth Group released its first-quarter earnings Tuesday morning as the industry continues to reel from the massive cyberattack on its Change Healthcare unit. | UnitedHealth Group released its first-quarter earnings Tuesday morning as the industry continues to reel from the massive cyberattack on its Change Healthcare unit.

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UnitedHealth expects up to $1.6B hit from Change cyberattack this year

Health Care Dive

Investors on Tuesday got a clearer picture of the cyberattack's financial fallout on the healthcare juggernaut. Some said it wasn't as bad as they'd feared.

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House to discuss national data privacy bill with implications for healthcare

Fierce Healthcare

The House Energy & Commerce subcommittee on innovation will hold a hearing Wednesday to discuss data privacy and the protection of kids online. | The House Energy & Commerce Committee holds a legislative hearing to discuss a slate of privacy and online safety bills Wednesday, one of which would give consumers more control over health data collected by apps and big tech.

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How to Battle Layoffs: The Career Star Accelerator Bootcamp

Facing layoffs in your organization? Support your team members' career transition with Career Star Accelerator Bootcamp: Custom Resume & LinkedIn Revamp + 6 Weeks of Career Coaching. Our certified resume writers will create job search-winning resumes and LinkedIn profiles while they work with a career coach to learn unique strategies to stand out, attract the right employers, automate their job search, and land their dream job.

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Cybersecurity takes center stage at AHA annual meeting

Health Care Dive

In the wake of the Change Healthcare attack, experts advised hospital leaders to increase their cyber defenses. Change will not be the last sector-wide attack, they warned.

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Providers pitch their post-Change cybersecurity policy fixes to sympathetic Congress

Fierce Healthcare

Healthcare providers held the receptive ears of lawmakers during a congressional hearing Tuesday morning exploring cybersecurity and related policy changes to be made in the wake of the Change Heal | With UnitedHealth Group out of the room, lawmakers were happy to entertain providers' calls for greater third-party cybersecurity liability and antitrust during a recent subcommittee hearing.

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Payer content rules put health equity front and center

Healthcare It News

Payers will not only need to comply with the 2024 CMS Final Rule pertaining to materials and content, but they will need to go the extra mile because it affects star ratings, says Ernie Crawford, president and CEO of Crawford Technologies.

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Telehealth company Cerebral to pay $7M fine over data sharing

Health Care Dive

The Federal Trade Commission alleged the digital mental healthcare company had provided sensitive data to third parties and maintained “sloppy” security practices.

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Best practices, legislative priorities and SNFs: 4 key takeaways from the NAACOS spring conference

Fierce Healthcare

The National Association of ACOs (NAACOS) hosted a spring conference last week, with sessions on post-acute care, fraud, implementation best practices, health equity and legislative priorities. | At last week's value-based care conference, presenters explained why its best practices playbook has no health equity section, legislative priorities during a lame duck Congressional session and the future of skilled nursing facilities.

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Lawmakers raise healthcare consolidation concerns after Change cyberattack

Health Care Dive

Legislators also slammed UnitedHealth Group, which acquired Change Healthcare nearly two years ago, for not sending a representative to the House subcommittee hearing.

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5 Essentials for Healthcare CIOs: A Provider Data Management Checklist

Complete and accurate provider data is essential for health organizations to operate effectively. A better understanding of your provider network helps to understand patients and consumers, identify gaps in care, and make the best possible decisions for your businesses. A modern provider data management solution should power a complete and accurate view of each of your providers, make this data easily accessible across functional groups, and be flexible and agile enough to scale. with your needs

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Behavioral health provider Two Chairs clinches $72M in equity, debt to expand hybrid model

Fierce Healthcare

Two Chairs, a hybrid behavioral health provider, has closed $72 million in a series C equity and debt financing round. | The company operates in three states with plans to expand to new markets. It will also use the latest capital to beef up its technology.

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LunaJoy Health Secures $4.2M to Launch LunaCare & Address Disparities in Maternal Mental Health

HIT Consultant

S ipra Laddha, MD, Co-Founder & Shama Rathi, MD, Co-Founder at LunaJoy Health What You Should Know: – LunaJoy Health , a FemTech company dedicated to improving women’s mental health, has announced the launch of LunaCare, a novel integrated care program specifically focused on maternal mental health. – The initiative is backed by $4.2M in fresh funding from a distinguished group of investors, including Y Combinator , FoundersX Fund , and Goodwater Capital.

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CVS creating new ACO in South Carolina through REACH program

Fierce Healthcare

CVS Accountable Care and inVio Health Network, a collection of more than 600 providers in South Carolina, are partnering to improve care outcomes for 60,000 Medicare beneficiaries. | A new ACO is forming between CVS Health and a South Carolina-based provider health network, aimed at improving health outcomes for 60,000 Medicare beneficiaries.

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The AI Blueprint: An Implementation Guide for Revenue Cycle Leaders

HIT Consultant

Michael Gao, MD, CEO and co-founder of SmarterDx Applying artificial intelligence (AI) solutions in hospitals and health systems can be overwhelming for leaders due to AI’s complexity (it’s not one technology, but several) and rapid proliferation. This is in addition to the usual technology hurdles within healthcare that include data quality and accessibility, interoperability, and clinical validation and adoption.

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Level up Culture & EQ | Sign up for the #CultureDrop

Once a week, culture & leadership expert Galen Emanuele gives free, actionable EQ training in 5 minutes or less. Subscribe to the #CultureDrop and access free resources & content.

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Maven beefs up fertility program with focus on natural conception, male fertility care

Fierce Healthcare

Maven Clinic is expanding its fertility and family building program with additional providers and platform enhancements to streamline patient data and invoicing. | Maven has shared the details of its health coaching program, focused on natural conception, and has enhanced its provider portal to enable partner clinics to get paid quickly. It is also expanding its provider network to better support male fertility care.

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FDA Announces Recall of Heart Pumps Linked to Deaths and Injuries

KHN

A pair of heart devices linked to hundreds of injuries and at least 14 deaths has received the FDA’s most serious recall, the agency announced Monday. Related Article Patients Facing Death Are Opting for a Lifesaving Heart Device — But at What Risk? The HeartMate 3 is considered the safest mechanical heart pump of its kind, but a federal database contains more than 4,500 reports in which the medical device may have caused or contributed to a patient’s death.

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UnitedHealth says seasonal pressures on MA utilization eased in Q1

Fierce Healthcare

While all eyes were on UnitedHealth Group on Tuesday for an update on the cyberattack that's continuing to disrupt the industry, the healthcare giant also offered an update on multiple critical tre | UnitedHealth is a bellwether for the insurance industry, and was the first to sound the alarm last year about a spike in utilization among seniors that dragged the medical loss ratios of multiple companies.

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Recent Monetary Policy Updates Could Create Choke-Hold On Home Health, Home Care Dealmaking

Home Health Care

Home-based care dealmaking remains in a lull, one it hasn’t been able to shake since the historical M&A highs of 2020 and 2021. “We didn’t expect it to be that flat and that consistent for 2023,” Mark Kulik, senior managing director at M&A firm The Braff Group, said during a presentation at Home Health Care News’ Capital + Strategy conference last week.

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A Guide to Improved Sepsis Detection & Compliance: 6 Areas You Should Address

This guide highlights key areas that your sepsis detection platform should address to minimize the impact of this leading, entirely preventable cause of in-hospital deaths, as well as how to increase compliance by 20% in 30 days. Download to learn more!

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Healthcare 2030: Are We Consumers, CEOs, Health Citizens, or Castaways? 4 Scenarios On the Future of Health Care and Who We Are – Part 2

Health Populi

This post follows up Part 1 of a two-part series I’ve prepared in advance of the AHIP 2024 conference where I’ll be brainstorming these scenarios with a panel of folks who know their stuff in technology, health care and hospital systems, retail health, and pharmacy, among other key issues. Now, let’s dive into the four alternative futures built off of our two driving forces we discussed in Part 1.

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UnitedHealth Group Remains Under Duress From Change Healthcare Cyberattack, DOJ Investigation

Home Health Care

It was a turbulent start to the year for the health care giant UnitedHealth Group, driven by the cyberattack on Change Healthcare and a U.S. Department of Justice (DOJ) antitrust investigation. Amid the DOJ investigation, UnitedHealth Group’s planned acquisition of the home health company Amedisys Inc. (Nasdaq: AMED) came into focus, with reports circulating that the DOJ was considering an attempt to block that deal specifically.

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Designing for Health: Interview with Josh Liu, MD [Podcast]

Nordic

The pathway to a great patient experience is filled with potential hurdles, potholes, and unexpected twists. Connecting patients and their data with their multi-pronged care team is an essential task for a modern health system. In this endeavor, thoughtful, human-centered design that keeps both the patient and clinician in mind can lead to positive outcomes for every stakeholder in the healthcare ecosystem.

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Persistent Gray Zone Aggression in the South China Sea Calls for Increased Coordination in Rule of Law

The Rand Blog

By not providing consistent leadership on priority issues, and by allowing China to assert hegemony, the United States is losing its strategic influence in the Indo-Pacific. Establishing a Combined Maritime Forces focused on law enforcement as a soft power approach would provide a cohesive structure, improved partnerships, and a clear way to push back against Chinese gray-zone tactics and overt aggression.

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The New Tech Experience: Innovation, Optimization, and Collaboration

Speaker: Paul Weald, Contact Center Innovator

Learn how to streamline productivity and efficiency across your organization with machine learning and artificial intelligence! No matter what industry you're in - healthcare, customer service, sales, and more - it’s easier than you think to reduce wait times, monitor sentiment, and provide enhanced self-service options for all of your users. This means that you can achieve a more consistent and engaging customer experience while reducing sources of friction.

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Healthcare Trends to Watch in 2024

Healthcare ECONOMIST

Some key trends to watch from some of my colleagues at FTI in their article The Evolution of Healthcare: Trends to Watch in 2024. Commercialization of Healthcare. Over the past decade, private equity’s presence in the healthcare sector has significantly accelerated, with annual deal values soaring from $41.5 billion in 2010 to $119.9 billion in 2019.

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Clearwave Wins a Stevie® Award for Healthcare Customer Service Department of the Year 

Clearwave Inc

Reading Time: 3 minutes Patient Revenue Platform Provider’s clearwaveCARE Program Honored in 2024 Stevie Awards for Sales & Customer Service ATLANTA – April 16, 2024 – Clearwave today announced its clearwaveCARE customer support and success program won a Bronze Stevie® Award for Customer Service Department of the Year in the Healthcare Industries category.

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US Physicians Embracing Generative AI for Patient Care, But Transparency is Key

HIT Consultant

What You Should Know: – A new survey by Wolters Kluwer Health reveals a significant shift in US physicians’ attitudes towards generative AI (GenAI). – The study reveals that 40% of doctors are now prepared to use GenAI tools when interacting with patients at the point of care. This marks a rapid rise in acceptance, with nearly 70% of respondents admitting their views on GenAI have become more positive over the past year.

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DHHS Revises and Clarifies Guidelines for Patients’ Informed Consent When Providing Sensitive Medical Care

Health Care Law Blog

In recent years, Michigan has been home to two of the largest sexual abuse scandals involving doctors in history: the sexual abuse committed by Larry Nassar while employed by Michigan State University and the sexual abuse committed by Robert Anderson while employed by the University of Michigan. In both circumstances, the former doctors carried out their sexual abuse under the guise of medical procedures and without the informed consent of their targets.

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Strategies to Deal with Collaborative Healthcare Communication

Speaker: Dr. Ugo Uwaoma, MD, MBA

Due to the impact of COVID-19, integrating telehealth software into practices and organizations has become the new normal. In turn, this has increased the effectiveness of collaborative healthcare by strengthening communication amongst healthcare workers and helping combat the woes of burnout. Communication between patients and healthcare providers has also improved, allowing patients to reach their providers easily and decreasing turnaround time.

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Pine Park Health Taps Innovaccer to Optimize Population Health Analytics For Senior Living Communities

HIT Consultant

What You Should Know: – Pine Park Health , a rapidly growing primary care provider focused on senior living communities, has announced its adoption of Innovaccer’s leading healthcare AI platform. – The integration aims to optimize population health analytics and further Pine Park Health’s mission of serving residents with exceptional care.

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‘The Devil Is In The Details’: Long-Term Care Workforce Support Act Is Introduced

Home Health Care

A group of policymakers has introduced legislation aimed at strengthening the long-term care workforce. The Long-Term Care Workforce Support Act was introduced on Tuesday by Rep. Debbie Dingell (D-Mich.), along with Sens. Bob Casey (D-Penn.), Tim Kaine (D-Va.) and Tammy Baldwin (D-Wisc.). The impetus behind the bill is the instability in the caregiver workforce, which is the result of high demand, but low wages.

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inVio Health Network and CVS Accountable Care Partner to Improve Medicare Patient Care in South Carolina

HIT Consultant

What You Should Know: – inVio Health Network and CVS Accountable Care Organization, a division of CVS Health , have announced a collaboration to participate in the new Medicare Accountable Care Organization (ACO) REACH program. This initiative focuses on improving access to high-quality healthcare for traditional Medicare beneficiaries in South Carolina. – The collaboration builds upon the past achievements of Prisma Health Upstate and Prisma Health Midlands Networks, which merged in

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Japan's Alliance with the U.S. Has Just Gone Global

The Rand Blog

The most profound aspect of the recent U.S.-Japan summit was the underlying message: the U.S.-Japan alliance is now global. This is an alliance now focused on the public goods of global peace, stability, and prosperity, committed to jointly building a free and open international order.

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Top 12 Telehealth KPIs Every Health Tech Leader Should Know

Speaker: Matt McBride, CEO and Co-Founder of Mend

Patient engagement happens before, during, and after interactions. Consumer research has found that in 2021, 64% of US households reported using Telehealth services. In addition 34% of patients would prefer Telehealth visits to in-office visits. Accessible patient engagement technology can help you improve your relationships with your patients while also improving your KPIs.