Wed.Apr 17, 2024

article thumbnail

ACOs led by independent physicians save Medicare ‘substantially’ more money, CBO says

Health Care Dive

Independent practices have clearer financial incentives to lower medical spending than hospitals participating in accountable care organizations, according to the Congressional Budget Office.

article thumbnail

AI medical assistants see rapid growth as health systems turn to tech as a cure for the burnout crisis

Fierce Healthcare

Health systems across the country face the same pressing problem — rising levels of burnout among physicians. It’s a challenge that’s reaching a crisis point. | A growing number of hospitals and health systems are betting on advancements in AI as part of the cure for what ails physicians. Rush University System for Health is partnering with Suki to trial its AI assistant and Children’s Hospital Los Angeles is rolling out Nabla's Copilot tool.

Hospitals 323
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Elevance notches $2.3B in profit, unfazed by Change attack

Health Care Dive

The insurer says it has caught up on claims delayed due to the cyberattack on the clearinghouse earlier this year, and shared more details on a new primary care venture with a private equity firm.

article thumbnail

Most doctors, consumers need transparency to trust generative AI in clinical decisions, survey finds

Fierce Healthcare

Though physicians are quickly growing more comfortable with generative AI, the vast majority expect models to be transparent and trained on credible information, a new

Doctors 318
article thumbnail

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.

article thumbnail

Over 20% of healthcare bankruptcies last year were linked to private equity: report

Health Care Dive

Another wave of private equity-backed bankruptcies is expected this year, according to the Private Equity Stakeholder Project.

article thumbnail

Bankruptcies among PE-backed healthcare companies spiked in 2023, report finds

Fierce Healthcare

More than a fifth of the healthcare companies that filed for bankruptcy last year were owned by private equity firms, which also have a hand in many healthcare companies teetering on the brink in 2 | Private equity-backed companies represented more than 20% of last year's healthcare bankruptcies, handily outpacing those of the past five years. Further, nearly all of the companies with high credit risk going into 2024 were owned by private equity firms.

More Trending

article thumbnail

Payer Roundup—Elevance Health acquires New York-based MCO; Sentara Health Plans under investigation

Fierce Healthcare

Below is a roundup of payer-centric news for the week of April 15, 2024. | This week, Elevance Health acquires its competitor in New York, a Virginia health plan is under investigation and the OIG office looks into vertical consolidation.

198
198
article thumbnail

Why Gynecology Medical Billing Service?

p3care

Several challenges are faced by billers in the dynamic world of OBGYN/Gynecology medical billing. Keeping physicians out of the dilemma of assisting patients and administrative workflow alongside, P3 Healthcare Solutions facilitates a gynecology medical billing system that minimizes the administrative load to the max. So that, physicians focus more on patients’ health.

article thumbnail

Envision Healthcare names permanent CEO

Health Care Dive

Jason Owen took on the leadership role this week, months after the physician staffing firm emerged from bankruptcy restructuring.

article thumbnail

North Carolina treasurer joins FTC's opposition to Novant Health's $320M hospital deal

Fierce Healthcare

The Federal Trade Commission's push to nix Novant Health's $320 purchase of two Community Health Systems hospitals has the official backing of North Carolina Treasurer Dale Folwell. | Allowing the purchase of two Community Health Systems hospitals would force taxpayers and employees "to subsidize the resulting monopolist's profits," North Carolina Treasurer Dale Folwell wrote in a friend of the court brief.

Hospitals 122
article thumbnail

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

article thumbnail

Accenture Federal Services to Acquire Cognosante

HIT Consultant

What You Should Know: – Accenture Federal Services has entered into an agreement to acquire Cognosante , a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. – Founded in 2008 by Michele Kang, Cognosante has grown rapidly to become a trusted provider of innovative technology solutions with its federal government clients, including healthcare programs supporting veterans, active-duty mil

article thumbnail

Modernize Podiatry Medical Billing:  Ensuring Efficient Practice Management and Enhanced Patient Care

Advanced Data Systems

The healthcare industry is notoriously complex, particularly when it comes to medical billing. Podiatry practices, with their unique set of services and patient demographics, face specific challenges that can significantly impact their operational efficiency and financial stability. This comprehensive guide explores the intricacies of podiatry medical billing, the benefits of outsourcing these tasks, and how modern solutions like those provided by Advanced Data Systems (ADS) can transform a prac

article thumbnail

Pennsylvania Names Ophelia First Virtual-First Opioid Use Disorder Center of Excellence

HIT Consultant

What You Should Know: – Ophelia , a leading provider of virtual care for opioid use disorder (OUD), has been designated as a Center of Excellence (COE) by Pennsylvania’s Department of Human Services. – The milestone achievement makes Ophelia the first statewide and virtual-first COE in the state, offering a critical new access point for Pennsylvanians battling addiction.

article thumbnail

Must read and watch interviews to set the tone for 2024

Meditech

While conference season provides an excellent opportunity to meet with fellow healthcare leaders in our booth and reconnect with our customers face-to-face, it is also an opportunity to share with the industry what makes MEDITECH Expanse “ The Intelligent EHR Platform ” and to highlight the success of our amazing customer base.

article thumbnail

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.

article thumbnail

Trilliant Health Joins Databricks Marketplace to Provide Free Access to its National Provider Directory

HIT Consultant

What You Should Know: Trilliant Health , a premier analytics and market research firm in healthcare, has unveiled its entry-level tier of the Provider Directory on Databricks Marketplace. Today, Trilliant Health announced the launch of its Provider Directory’s basic tier on Databricks Marketplace, marking a significant step in healthcare analytics accessibility.

article thumbnail

Elara Caring Partners With Constant Therapy Health To Drive AI, Time-Saving Solutions

Home Health Care

Elara Caring has teamed up with the digital health company Constant Therapy Health. The partnership will enable Elara Caring to deliver AI-driven speech-language and cognitive therapy across multiple markets. “[The partnership] very much honors our values of exceptional service, innovation and results,” Thomas Southern, administrator of skilled home health at Elara Caring, told Home Health Care News.

87
article thumbnail

COTA & Sanofi Partner to Leverage Real-World Data and AI to Accelerate Cancer Trials

HIT Consultant

What You Should Know: – COTA , a leading real-world data (RWD) and analytics company in oncology, has announced a new collaboration with Sanofi. – The strategic partnership aims to leverage RWD and artificial intelligence (AI) to accelerate clinical trials specifically focused on multiple myeloma, a cancer affecting white blood cells. The findings from this partnership have the potential to significantly impact future clinical trial designs for multiple myeloma.

article thumbnail

Why Won't Health Insurance Companies Pay for New Drugs?

The Rand Blog

The FDA is prioritizing listening to patients by approving treatments quickly. So why are health insurers standing in the way?

94
article thumbnail

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!

article thumbnail

Ilant Health Secures $5.5M for Value-Based Obesity Management & Cardiometabolic Health

HIT Consultant

What You Should Know: – Ilant Health , a pioneering leader in value-based obesity management and cardiometabolic health solutions, announced today the extension of its seed round of fundraising from $3 million to $5.5 million. – The women-led startup received additional funds from a combination of new health-oriented investors, including funds from LifeX Ventures, Celtic House Asia Partners, and Cornucopian Capital, as well as existing investors reaffirming their commitment to Ilant

article thumbnail

What Could Liquid Biopsy Do for Oncology in the UK and What Is Needed to Realise Its Potential?

The Rand Blog

Liquid biopsy has the potential to provide better and quicker testing for cancer, helping to improve diagnosis and treatment and improving cancer outcomes overall. As potential useful tests emerge, now is the time to consider what is needed to put them into everyday practice across the NHS.

61
article thumbnail

While You Were Sleeping: HHS Releases New Guidance on Sensitive Examinations

HKLaw

The U.S. Department of Health and Human Services (HHS) issued a letter to teaching hospitals and medical schools announcing new guidelines regarding informed consent, focusing on patients under anesthesia.

article thumbnail

Pink eye vs. allergies: know the difference and when to seek help

Healthcare Associates

When your eyes start itching, turning red, or watering, it’s natural to wonder why. Is it pink eye or just allergies? You need to know the difference because it affects how you treat these conditions. Let’s dive into what you need to know, keeping things straightforward. Pink eye, medically known as conjunctivitis, is an inflammation of the thin, clear covering of the white part of the eye and the inside of the eyelids.

Doctors 52
article thumbnail

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.

article thumbnail

Wolters Kluwer Health Unveils AI-Powered Tool to Help Medicare Advantage Plans Ace Risk Adjustment Audits

HIT Consultant

What You Should Know: Wolters Kluwer Health , a leading provider of healthcare information and analytics, has introduced a new weapon in the fight against potential financial penalties for Medicare Advantage Organizations (MAOs) – the Regulatory Audit Module. – The AI-enabled tool leverages artificial intelligence (AI) to streamline the risk adjustment audit process, potentially saving MAOs millions of dollars.

article thumbnail

Healthcare AI News 4/17/24

HIStalk

News Kontakt.io raises $47.5 million in a Series C funding.

article thumbnail

Isospec Analytics Secures $1.9M to Transform Molecular Identification

HIT Consultant

What You Should Know: – When developing new drugs, nutritional products, or pesticides, it’s critical that unknown molecules are identified correctly. But accurate identification is a lengthy process and all too often unsuccessful, leading to failed regulatory processes, or worse, consumer health being put in danger. – Isospec Analytics has raised $1.9M to commercialize new technologies for molecular analysis that rapidly identify unknown molecules in minutes, helping pharmaceuticals

article thumbnail

Morning Headlines 4/18/24

HIStalk

Medicus IT Strengthens Commitment to Community Health Centers through Acquisition.

45
article thumbnail

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.

article thumbnail

Solera Health Expands its Curated Network to Help Payers and Employers Address High-Cost Cardiometabolic Disease

HIT Consultant

What You Should Know: – Solera Health , the premier technology platform for connecting people seamlessly and easily to health solutions that work, today announced the latest expansion of the Solera HALO™ platform, a next-generation omni-condition management solution. – The additional solutions enable payers and employers to address high-cost conditions associated with cardiometabolic health – integrating several proven, industry-leading digital health partners.

article thumbnail

Why BrightStar Care Founder Shelly Sun Handed The Keys Off To A New CEO

Home Health Care

COVID-19 took a lot out of Americans, both personally and professionally. For Shelly Sun, the founder and then-CEO of BrightStar Care, 100-hour work weeks in 2020 and 2021 became commonplace. Sun was no stranger to hard work. She had led her company from a single location home care agency to a nationwide home care franchise brand, after all. But even she had finally reached the point of burnout.

article thumbnail

In the Congo: Applying Research to Issues of Poverty and Servitude

The Rand Blog

The Democratic Republic of the Congo faces a series of seemingly intractable issues that have left much of its population in poverty and servitude to multinational mining interests. International engagement and research could help.

44
article thumbnail

Ideas Worth Pursuing with Scott Nelson | E. 108

Vie Healthcare

Episode Introduction Scott reveals the two signs that an idea has potential, why market trumps everything in innovation, and why leaders should focus on eliminating pain points for their end users. He also advises innovators to connect with potential strategic acquirers at an early stage and explains why leaders of startups shouldn’t put all their eggs in the venture capital basket.

article thumbnail

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.