Fri.Feb 25, 2022

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Telehealth revenue could hit $20B in five years, say analysts

Healthcare It News

A new report released this week from Bloomberg Intelligence predicted that the telehealth sector could bring in $20 billion in U.S. revenue by 2027. The Digital Reshaping the Health Care Ecosystem publication said that virtual care is set to "become a staple" of healthcare delivery. "The COVID-19 pandemic has accelerated the adoption of telehealth by years, providing safe and convenient access to telehealth services," said Duane Wright, senior research analyst at Bloomberg In

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FTC seeks public comments on pharmacy benefit managers' impact on patients, pharmacies

Health Care Dive

After a failed bid to launch a formal inquiry into PBMs, the FTC now says it wants to collect comments from the public to study a wide array of PBM practices.

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Vaccine credentials enabling wider progress on public health interoperability

Healthcare It News

First announced in January 2021, the Vaccine Credential Initiative – co-founded by MITRE Corporation and others including Cerner, Change Healthcare, Epic, Mayo Clinic, Microsoft, Oracle, Salesforce and others – has made big progress over the past year-plus on new approaches to interoperable record-keeping. The public and private partnership collaborated on developing a standard model for "trustworthy, traceable, verifiable, and universally recognized digital record of vaccinatio

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DOJ moves forward with suit to block UnitedHealth's acquisition of Change

Health Care Dive

The lawsuit alleges that if UnitedHealth acquired Change, the payer would be able to gain a competitive advantage by seeing "very competitively sensitive" data from other insurers.

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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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The Lives of Veterans Experiencing Homelessness

The Rand Blog

The United States pledged in 2009 to end veteran homelessness. The numbers have fallen by nearly half since then, but there are still more than 37,000 veterans living in their cars, in temporary shelters, or in makeshift camps. Researchers followed 26 of them for one year to see how they live and what keeps them on the streets.

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Continuity of Government in Ukraine

The Rand Blog

On February 23 Russia launched a war on Ukraine. Ukraine's president Volodymyr Zelensky and its parliament might accelerate steps to ensure the continuity of government, a need made more urgent because of the risk that Kyiv could soon fall.

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Latest CMS, CDC and NHSN Nursing Home COVID-19 Data

Briggs Healthcare

Mary Madison, RN, RAC-CT, CDP Clinical Consultant – Briggs Healthcare. CMS has posted the nursing home COVID-19 data for the week ending February 13, 2022. Comparing the February 13 th data to the February 6 th as well as to the January 16 th data (approximately 1 month ago), note these differences: Resident vaccination rate remains the same as the previous week as well as the rate for January 16 th Residents with booster doses ( new the week of 2/6 ) increased by 1% this past week Staff vaccin

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7 Causes Of Waking Up With Chest Pain

Healthcare Associates

Chest pain happens to everyone from time to time, especially when it’s caused by indigestion or stress. However, chest pain may indicate you have a more serious problem if it’s waking you up in the middle of the night or if it happens every morning. Here are seven reasons you may be waking up with heart pain, and how to know when it’s time to see a doctor for treatment. 7 Reasons You Are Waking Up With Chest Pain.

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Definitive Healthcare Acquires Analytical Wizards, Healthcare Analytics Platform

HIT Consultant

What You Should Know: – This week, Definite Healthcare announced the acquisition of Analytical Wizards , an advanced analytics company revolutionizing analytics in healthcare by combining our AI/ML-powered technology, domain expertise, and high-touch relationship model. Financial details of the acquisition were not disclosed. – Founded in 2015, Analytical Wizards automates complex analytic models using tools that expedite efficient big data mining using artificial intelligence (AI) a

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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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Addus Steadfast on Growing Home Health Segment, Hit Hard By Labor Pressures

Home Health Care

Addus HomeCare Corporation (Nasdaq: ADUS) is the latest publicly traded home-based care company to disclose just how hard it was hit by workforce-related issues during the Omicron surge. LHC Group Inc. (Nasdaq: LHCG) executives revealed Thursday that cost constraints due to labor issues cost the company approximately 2,500 admissions and a loss of $13.8 million in revenue in the fourth quarter.

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Webinar: A Discussion with States on Medicaid Unwinding

NASHP

Webinar: A Discussion with States on Medicaid Unwinding. Friday, March 11, 2022, 2–3 p.m. ET. REGISTER NOW. As required by federal law, during the COVID-19 federal public health emergency (PHE) states have suspended disenrollments for Medicaid enrollees to provide coverage stability for millions. During this time, due to the unpredictable economy and changing employment market, Medicaid enrollment has increased significantly.

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Weekender 2/25/22

HIStalk

Weekly News Recap Teladoc Health’s Q4 results beat expectations,

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Additional and New Resources: COVID-19 Vaccines and Boosters

Briggs Healthcare

Mary Madison, RN, RAC-CT, CDP Clinical Consultant – Briggs Healthcare. Earlier this week, I provided a couple of resources from the TMF QIN Networks – one of which was Fuel Versus Friction Tip Sheet designed to offer interventions for increasing vaccine uptake. In this blog, I am providing access to the on-demand recording of the TMF QIN webinar with the same title as the Tip Sheet.

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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Modivcare Maps Out Strategic Priorities for New Home Division

Home Health Care

When Modivcare Inc. (Nasdaq: MODV) reorganized its home-based services under the business division Modivcare Home, it was part of a larger strategy to lean into value-based care initiatives. A month after Modivcare’s operational realignment announcement , the company is beginning to see its plan come to fruition. “Consolidating our home-based services under Modivcare Home puts us in a position to accelerate our value-based care initiatives,” Daniel Greenleaf, president and CEO of Modivcare, said

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Updated COVID-19 Treatment Guidelines

Briggs Healthcare

Mary Madison, RN, RAC-CT, CDP Clinical Consultant – Briggs Healthcare. The National Institutes of Health (NIH) has updated the Coronavirus Disease 2019 (COVID-19) Treatment Guidelines website as of February 24, 2022. Here’s what you’ll see on the landing page: The What’s New in the Guidelines information is located here. It includes: Therapeutic Management of Hospitalized Adults With COVID-19 Therapeutic Management of Hospitalized Pediatric Patients With Multisystem Inflammatory Syndrome in Chil

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CVS Health Releases Drug Trend Report

HIT Consultant

What You Should Know: – CVS Health released their Drug Trend Report , examining the drivers of overall and specialty drug trend through the first three quarters of 2021. Data were calculated on a cohort of 1,014 PBM clients—employers and health plans—covering approximately 22 million lives. – The report details how CVS Health delivered an overall drug trend of 2.4% for commercial PBM clients, with 35.9% having a negative trend.

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Strategies to Overcome Challenges in Commercializing Treatments for Rare Diseases

Health Advances

By Kelly Cockerill, Vice President, Marsha Pelletier, Director, Philippe De Gaiffier, Consultant, and Carrie Jones, Partner. Rare Disease Day serves as a reminder of the ongoing collaborative effort in the healthcare industry to bring valuable new treatments for the over 300MM global rare disease patients. Despite the rapidly advancing science and established unmet need for patients, rare disease drug manufacturers face several unique challenges when commercializing new products.

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Enhance Healthcare Efficiency With Top Payroll & HCM Services

Running a healthcare facility requires precision and care, not just for patients but also for your staff. Our guide, "A Buyer’s Guide to Payroll & HCM Services," helps healthcare providers choose the best provider. Efficient payroll management ensures timely, accurate payments, critical for maintaining staff morale and trust. Compliance support helps navigate complex healthcare regulations and avoid costly fines.

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Amino Launches its Healthcare Guidance Platform in Spanish

HIT Consultant

What You Should Know: – Amino , the leading employer-sponsored healthcare guidance platform, is adding Spanish Language capabilities and Mental Health providers. This will allow employees to easily find in-network mental health providers in either English or Spanish. – By guiding members to top mental health providers, Amino expands and accelerates access to high-quality, cost-effective mental health services, which can be difficult to find.

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Judge Strikes Down Part Of Administration’s Surprise Billing Rules In Win For Physicians

Triage Health Law

The Biden Administration’s Interim Final Rule implementing provisions of the No Surprises Act suffered its first major legal setback yesterday. Judge Kernodle of the Eastern District of Texas issued a decision vacating portions of the Rule relating to the independent dispute resolution (“IDR”) process that the Act creates. As we’ve previously reported , the No Surprises Act tasks IDR entities with resolving disputes between providers and insurers over the appropriate rate of reimbursement for o

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GuideWell Becomes First U.S. Payer to Automate Prior Authorizations

HIT Consultant

What You Should Know: – GuideWell , one of the 10 largest health insurance providers in the U.S., became the first U.S. payer to automate prior authorization approvals through AI-powered clinical reviews from Olive , resulting in faster care for patients — up to 10 days faster — and greater provider satisfaction. – After launching a pilot with Olive in Florida, GuideWell saw its time to decision reduced by 10 days when immediate responses were available, decreased unnecessary prior a

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Responding to Russia, Sex Trafficking, Anti-Bias Education: RAND Weekly Recap

The Rand Blog

This weekly recap focuses on the false choice between responding to Russia or deterring China, how substance use and sex trafficking are connected, providing anti-bias education in U.S. schools, and more.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.

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Viz.ai Awarded 510(k) Clearance for AI-Powered Cerebral Aneurysm Detection Solution

HIT Consultant

What You Should Know: – Viz.ai , a San Francisco-based provider of AI-powered intelligent care coordination for stroke, has received FDA 510(k) clearance for Viz ANEURYSM (formerly Viz ANX), the first and only AI-powered cerebral aneurysm detection solution designed to facilitate population screening and enhanced care management. – The new algorithm uses AI to detect suspected cerebral aneurysms, enabling hospital systems to ensure that once detected, patients are captured and the an

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Accenture & Astellas Pharma Create Next-Generation Cloud-Based IT Core Platform

HIT Consultant

What You Should Know: – Accenture announced it helped Astellas Pharma Inc. create a cloud-based core IT platform that serves as the foundation for an advanced, data-driven management model for the company’s global operations, which has been rolled out in the Americas, EMEA and Japan, with plans for further deployments. – The new platform will help Astellas to rapidly incorporate new and emerging technologies; accommodate business expansions, such as mergers and acquisitions; accelera

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Ventilator Consumables Market Analysis: COVID-19 Pandemic Repercussions

HIT Consultant

Consumables are often associated with low-cost, standardized products. This has often been the case with breathing system solutions used in ventilation. However, the COVID-19 pandemic has highlighted the importance of sufficient infection control in the hospital environment, subsequently uplifting demand for solutions that reduce infection risk. Vendors of all calibers grabbed this opportunity to expand market share, but questions remain on whether they will keep up in a crowded and price-sensit