Wed.Jun 12, 2024

article thumbnail

2024 shaping up to be a big year for healthcare AI companies. But some investors remain cautious

Fierce Healthcare

AI deal activity is dominating healthcare investment with one in four dollars invested in healthcare going toward companies leveraging AI, according to a new report. | So far, in 2024, $2.8 billion has already been invested in AI healthcare companies, with SVB projecting the sector to see $11.

article thumbnail

National health spending reached $4.8T last year, CMS actuaries estimate

Health Care Dive

More Americans had insurance in 2023 than at any other time in the nation’s history, spurring medical utilization and accelerating healthcare spending faster than growth in the overall economy, according to government projections.

Insiders

Sign Up for our Newsletter

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

article thumbnail

AMA, lawmakers aim renewed prior authorization crackdown on insurers

Fierce Healthcare

The American Medical Association (AMA) and a bipartisan group of Congressional leaders are looking to stop unfair prior authorization practices from health plans. | A large coalition of bipartisan lawmakers and national advocacy organizations are renewing their efforts in reforming prior authorization.

321
321
article thumbnail

White House partners with Microsoft, Google on cybersecurity for rural hospitals

Health Care Dive

The technology giants will offer free or low-cost cybersecurity tools to rural hospitals, which often have limited resources to combat the rising number of cyberattacks.

Hospitals 298
article thumbnail

Fertility Benefits Playbook: How HR Leaders Are Delivering Value in 2025

Speaker: Kaitlin Ruby Carroll

Fertility benefits have become a crucial component of employee well-being and retention strategies. In today’s competitive landscape, creating a fertility benefits program that aligns with both employee needs and organizational goals can be more complex than it seems. From cycle-based to flat-dollar and telehealth models, each solution offers unique advantages and challenges that directly affect employee satisfaction and financial well-being.

article thumbnail

CMS projects national health spending grew 7.5% in 2023 to $4.8T

Fierce Healthcare

National health spending is estimated to have outpaced the rest of the country’s economy in 2023, growing by 7.5% with projected expenditures of $4.8 trillion, according to newly published calculat | Record-high insurance coverage rates from pandemic policies alongside other trends like high utilization pushed health spending past the nominal GDP growth rate in 2023, according to new projections from government actuaries.

317
317

More Trending

article thumbnail

Sens. Warren, Markey introduce bill to jail executives who 'loot' healthcare system

Fierce Healthcare

Massachusetts’ progressive senators have debuted a federal bill that would introduce criminal and civil penalties for executives who “loot” healthcare organizations to the detriment of patient care | Citing Steward Health Care as a paradigm, the progressive lawmakers say the civil and criminal penalties in their bill will prevent private equity firms that "steal from America's healthcare system to feed their corporate greed.

article thumbnail

Court strikes down FTC’s latest attempt to block Novant-CHS deal

Health Care Dive

This is the second time a district court has shot down the antitrust agency’s request to stop the deal.

157
157
article thumbnail

Cybersecurity lessons from the Change Healthcare hack

Fierce Healthcare

In late February, UnitedHealth Group’s Change Healthcare unit faced a significant ransomware attack, sending shockwaves through the healthcare sector with far-reaching financial consequences. | In this week’s episode of “Podnosis”, Senior Writer Paige Minemyer sits down with Clearwater CEO Steve Cagle to explore the lessons healthcare organizations can learn from the Change Healthcare cyberattack and what it reveals about the industry’s current state of security readiness.

article thumbnail

ComForCare Ups The Ante On Caregiver Training With ‘DementiaWise 2.0’

Home Health Care

ComForCare is building on its DementiaWise training program with the rollout of a 2.0 version. “We do feel that the DementiaWise program is a differentiator,” Stephanie Wierzbicka, director of strategic health programs at ComForCare, wrote in an email to Home Health Care News. “The program is designed to equip caregivers with the tools and knowledge to provide a high level of care to the clients that are living with dementia.

Home Care 109
article thumbnail

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.

article thumbnail

Better Health raises $14M to deploy expanded payer partnerships

Fierce Healthcare

Medical supplier Better Health has raised $14 million in a strategic funding round backed by CareFirst BlueCross BlueShield’s venture capital arm, Healthworx. | Better Health has now received more than $27.5 million in funding to grow its medical supply business for chronic conditions.

173
173
article thumbnail

With $350 Million Gentiva Deal, Addus Puts Its Money Where Its Mouth Is

Home Health Care

This article is a part of your HHCN+ Membership On Monday, Addus HomeCare Corp. (Nasdaq: ADUS) announced what would be the biggest transaction of 2024 thus far. Its $350 million deal for Gentiva’s personal care business could reflect a tide change in the recently slow home-based care M&A market. It’s also reflective of Addus’ impressive ability to deliver on its strategic vision.

Home Care 103
article thumbnail

New AMA president says he's ready to take on big challenges facing doctors amid payment cuts and rising burnout rates

Fierce Healthcare

New AMA president says he's ready to take on big challenges facing doctors amid payment cuts and rising burnout rates ebeavins Wed, 06/12/2024 - 17:29

Doctors 182
article thumbnail

Q&A: George Church on Genomics of Cognitive Enhancement

Bill Of Health

Interviewed by William Leonard Pickard George Church, PhD , is the Robert Winthrop Professor of Genetics at Harvard Medical School, Professor of Health Sciences and Technology at Harvard University and the Massachusetts Institute of Technology. He is a founding member of the Wyss Institute for Biologically Inspired Engineering at Harvard. His research efforts include the first direct genome sequencing method, collaborating in initiating the Human Genome Project, and creating the Personal Genom

article thumbnail

Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

article thumbnail

Christus Health deploying Abridge's generative AI tool for clinical documentation

Fierce Healthcare

Abridge, a startup that develops generative AI tools for medical documentation, inked another major health system partnership. | Christus Health, based in Irving, Texas, signed an enterprise-wide technology agreement with Abridge after it piloted the technology the past few months with some primary care and specialist physicians.

article thumbnail

Brightside Health Now Offers Virtual Intensive Outpatient Programs

HIT Consultant

What You Should Know: – In line with its commitment to providing the highest quality care, Brightside Health now offers virtual intensive outpatient programs (IOP) for substance use disorder (SUD). – Brightside Health’s acquisition of Lionrock Recovery launched this new service, enabling the company to provide comprehensive telemental health treatment for a wider range of mental health conditions, including anxiety, depression, suicidal thoughts, alcohol use disorder, and SUD.

article thumbnail

Wisp expands into fertility care with partners Proov, PherDal to offer at-home testing, insemination kits

Fierce Healthcare

Wisp, a sexual and reproductive telehealth provider, has added a fertility vertical with several partners meant to help birthing people navigate getting pregnant. | The offerings come amid growing consumer demand, the company says. A recent Wisp survey of its customers revealed 70% are interested in more education on and access to products for fertility.

130
130
article thumbnail

Wheel Launches AI-Powered Platform for Virtual Care, Horizon

HIT Consultant

What You Should Know: – Wheel , a leading provider of telehealth and virtual care solutions, announces the launch of its AI-driven Horizon™ platform. – Horizon sets a new standard in care delivery by using AI to provide health plans, digital health solution providers, and life sciences companies with an ‘easy button’ to instantly scale their new and existing virtual care programs across the U.S.

article thumbnail

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.

article thumbnail

The Promising Convergence of Payer Strategy and Compliance with the CMS Interoperability and Prior Authorization Final Rule

Fierce Healthcare

The Promising Convergence of Payer Strategy and Compliance with the CMS Interoperability and Prior Authorization Final Rule jpiatt Wed, 06/12/2024 - 13:37

130
130
article thumbnail

The Most Trusted Brands of 2024 Tell Us A Lot About Health Consumers

Health Populi

From bandages to home hygiene, OTC pain meds and DIY home projects, Morning Consult’s look into the most-trusted brands of 2024 give us insights into health consumers. I’ve been tracking this study since before the public health crisis of the coronavirus, and it always offers us a practical snapshot of the U.S. consumer’s current ethos on trusted companies helping people risk-manage daily living — and of course, find joy and satisfaction as well.

article thumbnail

Optum unveils new benefits management solution for durable medical equipment

Fierce Healthcare

Optum is rolling out a new offering that seeks to make it easier and faster for patients to secure durable medical equipment. | Optum is rolling out a new offering that seeks to make it easier and faster for patients to secure durable medical equipment.

133
133
article thumbnail

Komodo Health Unveils Integrated Patient Insurance Dataset for Life Sciences

HIT Consultant

What You Should Know: – Komodo Health, a provider of real-world healthcare data and analytics, today announced the launch of Komodo Patient Insurance™ (KPI). – The new offering delivers the most comprehensive view of patient insurance status available, encompassing over 200 million de-identified U.S. patient lives. KPI: Unprecedented Depth and Accuracy KPI surpasses traditional solutions by providing in-depth insights into a patient’s pharmacy and medical insurance enrollment s

article thumbnail

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.

article thumbnail

Healthcare AI News 6/12/24

HIStalk

News Apple announces its long-awaited Apple Intelligence capability, which will.

article thumbnail

NeuroFlow Acquires Owl, Creating Behavioral Health Measurement Powerhouse

HIT Consultant

What You Should Know: – NeuroFlow , a provider of behavioral health technology infrastructure, announced the acquisition of Owl , a measurement-based care (MBC) technology company. – The strategic acquisition positions NeuroFlow as a leader in behavioral health measurement and engagement, offering a comprehensive suite of solutions for a wider range of healthcare settings. – While expanding its reach and service offerings, NeuroFlow remains dedicated to customer collaboration a

article thumbnail

Why sustainability is the future of healthcare

Nordic

The once-distant threat of climate change is now a tangible reality impacting the health and well-being of populations and health systems. Extreme weather events, like flooding, heatwaves, and wildfires, damage critical infrastructure, disrupt operations, and limit the provision of health services. Worsening air quality fuels respiratory illnesses, placing a heavier burden on already strained hospitals.

article thumbnail

University Hospitals Deploys Aidoc’s AI-Enabled Solutions Across Enterprise

HIT Consultant

What You Should Know: – University Hospitals (UH) is revolutionizing patient care with the implementation of Aidoc’s comprehensive AI platform (aiOS™) across its entire healthcare network. – By integrating Aidoc’s AI platform, UH minimizes technical hurdles and fosters a collaborative environment for ongoing AI optimization.

article thumbnail

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.

article thumbnail

Understanding Post Traumatic Stress Disorder and Grief

Icanotes

Understanding Post Traumatic Stress Disorder and Grief Post Traumatic Stress Disorder and Grief are individually complex experiences that can be manifest jointly when the right circumstances are present. Each experience is highly individualized, developing as a result of a myriad of factors which we will discuss in this article. While these two experiences may share some signs and symptoms, there are clear differentiators clinicians must keep in mind in order to avoid misdiagnosis and ineffectiv

article thumbnail

Ushur Unveils AI-Powered Solutions to Streamline Care Navigation for Health Plans and TPAs

HIT Consultant

What You Should Know: – Ushur , the leader in AI-powered Customer Experience Automation (CXA), announced the launch of pre-built, self-service solutions designed to revolutionize care navigation for health plans and third-party administrators (TPAs). – The AI-powered tools address the growing need for efficient and effective member support, particularly in navigating complex health journeys like pregnancy and chronic conditions.

article thumbnail

Book Review: Designing for Health: The Human-Centered Approach

HIStalk

“Designing for Health: The Human-Centered Approach” is a.

112
112