Thu.Oct 12, 2023

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Why One Medical's CMO believes Amazon Health can make a big impact tackling chronic diseases

Fierce Healthcare

Amazon’s $3.9 billion acquisition of One Medical made big waves when it was announced in July 2022, signaling that the online retailer had bold ambitions to expand its reach in healthcare. | One Medical CMO Dr. Andrew Diamond is bullish about what Amazon is building in healthcare. He believes Amazon Health can help tackle the burden of chronic diseases in the U.S.

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Sanders criticizes nonprofit hospitals for not providing enough charity care

Health Care Dive

The report from the Chair of the Senate HELP Committee calls for more federal oversight into nonprofit hospitals' charity care, accusing the systems of providing "paltry amounts" of charity care

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Walgreens to close 60 VillageMD clinics as part of aggressive cost-cutting strategy

Fierce Healthcare

Drugstore chain Walgreens plans to close 60 underperforming VillageMD clinics and exit five markets as part of an aggressive $1 billion cost-saving strategy as it looks to boost profitability in it | Drugstore chain Walgreens plans to close 60 underperforming VillageMD clinics and exit five markets as part of an aggressive $1 billion cost-reduction strategy as it looks to boost profitability in its healthcare business.

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Walgreens, chasing profits, to close 60 VillageMD clinics in 2024

Health Care Dive

The company released a 2024 earnings outlook below Wall Street expectations on Thursday, two days after announcing a new CEO.

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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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FTC is full-steam ahead on sweeping noncompete ban, reinforcing antitrust, agency head tells docs

Fierce Healthcare

Healthcare lobbying organizations’ efforts to carve out industry-specific exemptions in recently proposed Federal Trade Commission (FTC) policies are unlikely to see their requests reflected in the | FTC Chair Lina Khan told a conference of physicians that the proposal for a broad ban on non-compete clauses was largely supported in public comments, a sign that healthcare employers' requests for exemptions are unlikely to take root.

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Elevance confirms ‘adjustments’ to resources as employees report job cuts

Health Care Dive

Elevance, formerly known as Anthem, employs nearly 100,000 associates and serves more than 117 million customers, according to the company.

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UConn Health squares away CMS audit trail and more with digital health platform

Healthcare It News

Musculoskeletal care is a critical service line in healthcare. More than 50% of the adult population in the U.S. has some form of MSK condition, and the impact on people’s lives is significant. THE PROBLEM Pain and mobility issues affect day-to-day living and independence. Quality of life changes dramatically with the compounding effects on mental health; comorbidities like cardiovascular disease, diabetes or obesity; the ability to work; and financial security.

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Three Myths Sabotaging Healthcare Innvoation

Fierce Healthcare

By Theo Koury, MD, President, Vituity | Health systems are rethinking how they engage with patients and physician ownership is paving the way. Read on to break into innovation.

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NextGen Healthcare reveals AI notetaking product

Health Care Dive

The Ambient Assist tool provides notes for clinician review within 30 seconds of a completed patient encounter, according to the health technology company.

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Solera Health utilizes step therapy approach before prescribing GLP-1 drugs

Fierce Healthcare

GLP-1 drugs commonly used for weight loss management purposes can be a miracle solution for people who have struggled with their weight, but leaders at Solera Health say there are financial and hea | Solera Health's step therapy program gives individuals personalized care to improve health conditions without GLP-1 drugs.

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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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AI, M&A and MSK: Teladoc’s head of group health shares vendor’s strategic priorities

Health Care Dive

Kelly Bliss discussed how the virtual care giant is approaching the three buzzy acronyms in an interview at HLTH.

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Oscar Health charts ACA exchange expansion for 2024, adding 165 new counties

Fierce Healthcare

Oscar Health will expand its footprint on the Affordable Care Act exchanges into 165 new counties for 2024, the insurtech announced Thursday.

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KLAS Unveils 2023 Top 20 Emerging Solutions

HIT Consultant

What You Should Know: KLAS Research presented the 2023 KLAS Top 20 Emerging Solutions awards at HLTH 2023, highlighting the top 20 emerging healthcare solutions with the greatest potential to disrupt and improve healthcare. Selected by healthcare leaders working with KLAS, the solutions were rated on how well they could advance the “Quadruple Aim of Healthcare” – improve outcomes, reduce the cost of care, improve the patient experience, and improve the clinician experience.

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'Financial distress' drove over a third of Q3 2023's health system transactions

Fierce Healthcare

Financial insecurity was the driving force behind more than a third of the hospital and health system transactions announced during the year’s third quarter, according to a report on recent merger | The past year's "extreme financial pressure" has led several hard-pressed providers to seek a deal, per a recent report. At the same time, academic systems are on the lookout for community-based health systems to relieve inpatient strain.

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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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16 Home-Based Care Companies Earn Spots On The Franchise Times’ Top 400 List

Home Health Care

The Franchise Times recently released its annual ranking of the largest franchise systems in the country. Of the 500 companies that grabbed a spot on the list, 16 are home-based care franchise companies. The list is based on last year’s global systemwide sales — total sales for both franchise and company units — performance. In order to earn a spot on the list, a company needs to be a legal U.S. franchise.

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Michigan, Vermont Blues plans finalize merger after securing key regulatory approval

Fierce Healthcare

Blue Cross Blue Shield of Michigan (BCBSM) and Blue Cross Blue Shield of Vermont (BCBSVT) have closed their merger deal after securing the OK from regulators in the Green Mountain State. | The partnership will allow the Green Mountain State insurer to gain access to better technology and other innovations without losing its appeal as a local health insurance company, according to plan officials.

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Negotiating with Russia Is Still a Bad Idea

The Rand Blog

Since the very outset of Russia's war against Ukraine, there have been calls for the United States to negotiate with Russia. As the war has dragged on, the rationale for negotiations has morphed with each phase. Once you scratch below the surface, however, the case for negotiating with Russia quickly falls apart.

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Cognizant on how healthcare systems are embracing automation

Fierce Healthcare

Access the Cognizant 2023 Healthcare Provider Automation Survey to see how your peers view and are implementing automation and generative AI.

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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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Mount Sinai, UCSD Awarded $8.5M to Establish Data Integration Hub

HIT Consultant

What You Should Know: – Researchers at the Icahn School of Medicine at Mount Sinai and the University of California San Diego have been awarded an $8.5 million grant to create a data integration hub aimed at accelerating novel therapeutics and cures for diseases within initiatives supported by the National Institutes of Health (NIH) Common Fund. – NIH Common Fund programs are large-scale projects designed to collect cutting-edge biomedical research data from human cells, tissues, and

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Elara Caring Adds Chief Development Officer; Care Advantage Names New SVP Of Operations

Home Health Care

Elara Caring adds chief development officer Elara Caring has named Brent Nash as its chief development officer, a new executive role. Nash will be in charge of maximizing the company’s growth strategy. “At Elara, we’re utilizing a world-class value-based care model and cutting-edge technologies to scale the delivery of home-based care, improving outcomes for patients, referrers and payers,” ElaraCaring CEO said in a statement.

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What MEDITECH’s top podcasts reveal about healthcare drivers

Meditech

As a health IT company, translating challenges into actionable change comes as second nature – so does keeping our audience informed. The MEDITECH Podcast offers a mobile way to examine emerging trends and innovation with industry leaders, and we learn just as much from these conversations as our listeners. Let’s take a look at our top 5 downloaded episodes to explore what they reveal about the healthcare industry and its drivers.

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Embracing a Forward-Thinking Vision to Address the Senior Care Crisis

HIT Consultant

Francis LeGasse, Jr., Owner & Managing Partner, Assured Senior Living Katherine Wells, CEO, Serenity Connect A demographic shift is looming, and we aren’t as prepared as we think. Colorado has long been revered for its stunning landscapes and outdoor pursuits, earning a reputation as a state with a youthful and active population – but, we are aging.

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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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Copulas explained

Healthcare ECONOMIST

Let’s say you want to measure the relationship between multiple variables. One of the easiest ways to do this is with a linear regression (e.g., ordinary least squares). However, this methodology assumes that the relationship between all variables is linear. One could also use generalized linear models (GLM) in which variables are transformed, but again the relationship between the outcome and the transformed variable is–you guessed it–linear.

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Predictive Models May Negatively Impact the Performance of Future Tools

Health IT Analytics

The impact of predictive modeling on patient outcomes may negatively affect the predictive performance of subsequent artificial intelligence tools.

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Walgreens, CVS Health Are Banking On Home-Based Care

Home Health Care

This article is a part of your HHCN+ Membership Walgreens Boots Alliance (Nasdaq: WBA) has invested a boatload of money into health care services and home-based care over the last three years. On Oct. 23, however, it will have a new leader. That change could affect the retailer’s home-based care plans, but maybe not in the way some expect. If anything, Walgreens will be more invested than ever.

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News 10/13/23

HIStalk

Top News FDA creates a nine-member Digital Health Advisory Committee.

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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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HHS OIG Introduces Managed Care Strategic Plan

Triage Health Law

In August, the Office of Inspector General (“OIG”) of the U.S. Department of Health and Human Services (“HHS”) introduced a new “Strategic Plan for Oversight of Managed Care for Medicare and Medicaid” (the “ Strategic Plan ”). The introduction of the Strategic Plan is in response to the continued growth of managed care in government sponsored health plans over the last several years.

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Shaq, Entrepreneurship, and Social Determinants of Health

Bill Of Health

By Bobby Stroup If advocates working to address health disparities want to overcome seemingly insurmountable obstacles, perhaps they should adopt the mindset of people who do that on a daily basis: entrepreneurs. Applying the entrepreneurial spirit to advocacy around the social determinants of health (SDOH) sounds like a potentially beneficial way to further the cause.

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Prevounce Health Closes $7M to Scale Remote Care Management Solutions

HIT Consultant

What You Should Know: – Prevounce Health , a provider of remote care management software, devices, and services closes $2.5M in new Series A funding led by Cloud Hill Partners and Michael Hammond, former co-founder of Hammond Hanlon Camp LLC and H2C Securities, with participation from additional returning investors. – The company has now raised $7M in total Series A funding and will use the Series A funding to advance its product and service offerings and scale its team to meet growi

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EPtalk by Dr. Jayne 10/12/23

HIStalk

The theme of this week’s edition of “Where in.

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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.