Tue.Feb 27, 2024

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ViVE 2024: Veradigm buys ScienceIO in $140M deal to build out healthcare AI solutions

Fierce Healthcare

LOS ANGELES — Healthcare data and tech company Veradigm is picking up ScienceIO in a $140 million deal to build out large language models for healthcare. | Veradigm plans to use the company's platform to create its own proprietary large language models on its own massive dataset, which includes 400,000 providers and over 200 million patients.

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Froedtert/Inception Health is using AI for preventive care recommendations and much more

Healthcare It News

The health system has efforts to use artificial intelligence to, among other things, streamline patient scheduling and provide personalized preventive care recommendations. Dr. Melek Somai, the CTO, explains how.

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Nearly all doctors suffer burnout, survey finds, but many cautiously hopeful that AI could help

Fierce Healthcare

Nearly all physicians in the U.S. | Nearly all physicians in the U.S. said they feel regularly burned out and over half of them have considered either leaving the profession or adopting non-patient-facing roles, according to a new Athenahealth survey.

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Lobby-funded study argues Medicare Advantage rate cuts are worse than CMS expects

Health Care Dive

Medicare Advantage payment per month, per beneficiary could drop by 1% next year if regulators finalize rates as proposed, according to the analysis backed by the Better Medicare Alliance.

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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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Alignment Healthcare to eliminate ACO REACH exposure, exceeds revenue expectations

Fierce Healthcare

Insurtech Alignment Healthcare has recorded $1.82 billion in revenue for full-year 2023 and beat market expectations for quarterly revenue by more than $20 million, the company announced Feb. | Alignment Healthcare stressed it should reach profitability this year and announced it would pulling back from the ACO REACH program, the company said during a fourth-quarter earnings call.

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Catholic health system taps CommonSpirit executive as next CEO

Health Care Dive

E.J. Kuiper, who has served in leadership roles at multiple faith-based healthcare organizations, will replace Richard Vath as CEO of Franciscan Missionaries of Our Lady Health System effective May 1.

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Veradigm will likely delist after missing Nasdaq deadline

Health Care Dive

The healthcare IT firm also announced plans to acquire AI company ScienceIO as it prepares to be suspended from trading.

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ViVE 2024: Optum Health CEO talks cyberattack, what's next for value-based care

Fierce Healthcare

LOS ANGELES — Optum Health CEO Amar Desai took the stage at ViVE on Monday morning to discuss the company's value-based care ambitions and strategy, but there was a clear elephant in the room: | LOS ANGELES — Optum Health CEO Amar Desai took the stage at ViVE on Monday morning to discuss the company's value-based care ambitions and strategy, but there was a clear elephant in the room: the cyberattack on Change Healthcare that's still causing disruption nationwide.

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A Health Consumer Bill of Rights: Assuring Affordability, Access, Autonomy, and Equity

Health Populi

Let’s put “health” back into the U.S. health care system. That’s the mantra coming out of this week’s annual Capitol Conference convened by the National Association of Benefits and Insurance Professionals (NABIP). (FYI you might know of NABIP by its former acronym, NAHU, the National Association of Health Underwriters).

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ViVE 2024: Consumer wellness marketplace Vale Health launches with 16 health systems in its corner

Fierce Healthcare

Sixteen health systems have put their weight behind Vale Health, a new online marketplace of vetted wellness offerings for consumers. | Vale Health is tapping the expertise of its provider backers to offer vetted wellness products to consumers. It launched this week with a marketplace designed with and for patients of Froedtert & the Medical College of Wisconsin health network.

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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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Integrating AI Co-Pilots: A New Era of Intelligent Healthcare Management

HIT Consultant

Akshay Sharma, Chief AI Officer, Lyric The integration of AI into healthcare workflows presents a tremendous opportunity for transformation –– and for new levels of productivity in a time when administrative functions surrounding claims adjudication, provider reimbursement, and related functions are complicating operations and affecting efficiency. AI Co-Pilots offer an innovative approach to addressing these issues by driving efficiency, accuracy, and value in payment integrity.

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Universal Health Services beats on earnings, revenues and projects 'conservative' earnings growth for 2024

Fierce Healthcare

Universal Health Services (UHS) beat estimates for the fourth quarter and is forecasting higher, though still "conservative," full-year earnings for 2024. | The acute and behavioral care hospital operator logged earnings of $3.16 per diluted share for the final quarter and a 7.4% year-over-year jump in net revenues.

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Biosimilars Role in Improving Patient Access

Healthcare ECONOMIST

Today I was on Mark Hansan and Scott Howell’s podcast Prescription for Better Access Podcast on the topic “ Biosimilars Role in Improving Patient Access “ The full episode with description is below or you can download the audio-only podcast here. Biosimilars are entering the market at their fastest pace ever. In this episode, we interview a renowned health economist and an expert consultant in biosimilar distribution and patient support to explore the complex landscape of biosi

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Addressing Top Health System Challenges: How the Right Education Solution Can Help

Fierce Healthcare

By Amanda Heidemann, MD, FAAFP; Chief Medical Information Officer, CMIO Services, LLC | A clinical leader shares how a health education solution helped with resource limitations, workforce crises, and consumerization of healthcare.

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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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How to Use NBA in Pharma Sales: Best Practices

HIT Consultant

Doron Aspitz, CEO, Verix Next Best Action has been one of the most important approaches for sales in recent years, including for pharmaceuticals. But because selling pharma is significantly different than selling other products, pharma-oriented NBA approaches need to be significantly more sophisticated than NBA for other industries. Pharma sales teams looking to implement NBA need to embrace an updated, data-driven version of this approach, known as NBA 2.0, along with the appropriate tools, inc

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Your Comprehensive Checklist for Selecting the Best Healthcare Revenue Cycle Management Software

Advanced Data Systems

Choosing the right healthcare revenue cycle management (RCM) software is a critical decision that can significantly impact the financial health and operational efficiency of your organization. To ensure you make an informed choice, we've compiled a comprehensive checklist to guide you through the process of finding the best RCM software, with a special focus on the advanced solutions offered by Advanced Data Systems Corp (ADSC).

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Know Labs Unveils KnowU: Wearable Non-Invasive CGM Poised to Revolutionize Glucose Monitoring

HIT Consultant

What You Should Know: – Know Labs (NYSE American: KNW), a leading innovator in non-invasive medical diagnostic technology, today announced the unveiling of its KnowU™, a wearable, non-invasive continuous glucose monitor (CGM). – With over 270 patents issued, pending, and in process, Know Labs has established a solid foundation for its technology, creating a competitive advantage in the non-invasive CGM landscape.

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With Amedisys Deal Pending, Justice Department Opens Antitrust Investigation Into UnitedHealth Group

Home Health Care

The Department of Justice is targeting UnitedHealth Group (NYSE: UNH) in an antitrust investigation, The Wall Street Journal reported Tuesday. Specifically, the Justice Department is interviewing subjects around interactions between UnitedHealth Group and its health care provider services arm, Optum. UnitedHealthcare is one of the largest insurers in the country.

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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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Imprivata Unveils Imprivata Biometric Patient Identity

HIT Consultant

What You Should Know: – Imprivata , a provider of digital identity solutions for critical industries, today announced the launch of Imprivata Biometric Patient Identity. This innovative solution utilizes facial recognition technology to address the growing issue of patient misidentification in healthcare. – Integrated with Epic, Imprivata Biometric Patient Identity empowers healthcare providers to confidently deliver improved patient care while mitigating the risks associated with mi

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NLP Framework Could Improve Medical Summarization Tools

Health IT Analytics

Researchers have developed a framework to fine-tune the natural language processing models used in medical text summarization tools.

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Color Health, BCBS National Labor Office Partner to Empower Unions in the Fight Against Cancer

HIT Consultant

What You Should Know: – Color Health , a leader in comprehensive cancer solutions, announced today a Strategic Alliance partnership with the Blue Cross Blue Shield (BCBS) National Labor Office (NLO). – Through this alliance, Color Health and BCBS NLO aim to empower union leaders with the tools and resources needed to equip their members for the fight against cancer, promoting early detection, comprehensive care, and essential support services.

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State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment 

NASHP

A growing number of states are covering housing-related services under Medicaid , including pre-tenancy and tenancy-sustaining services. Many states leverage their contracts with managed care organizations (MCOs) to support housing-related interventions. Regardless of whether a state has pursued an 1115 waiver or other Medicaid authority , Medicaid MCOs can be an important player in developing partnerships and coordinating resources to deliver housing supports and services.

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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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FamilyWell Secures $4.3M to Combat Maternal Mental Health Crisis

HIT Consultant

What You Should Know: – FamilyWell Health , a company dedicated to improving maternal mental health, announced today they have secured $4.3 million in seed funding led by.406 Ventures , with participation from GreyMatter Capital and Mother Ventures. – The funding will fuel FamilyWell’s national expansion, tackling the crucial issue of maternal mental health.

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Using Data and Performance Measurement to Guide MCO Efforts to Meet Housing Needs 

NASHP

This report is one section of State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment. See the full resource guide. For more information on financing housing-related services, please visit our Medicaid and Housing toolkit. Data sharing and reporting are critical components of planning, implementing, and evaluating interventions to address housing needs.

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Veradigm Acquires ScienceIO for $140M in Cash to Accelerate AI Innovation in Healthcare

HIT Consultant

What You Should Know: – Veradigm Inc. (NASDAQ: MDRX), a provider of healthcare data and technology solutions, announced an agreement to acquire ScienceIO , a leader in healthcare AI platform and foundation models. – The acquisition is valued at $140 million in cash, with $44 million deferred and payable in installments over three years. Veradigm will fund the transaction entirely from existing cash reserves.

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Executive Summary: State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment

NASHP

This is one section of State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment. See the full resource guide. For more information on financing housing-related services, please visit our Medicaid and Housing toolkit. Executive Summary Health and housing supports and services are critical for many individuals and families to obtain and maintain stable housing in community settings.

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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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Arcadia Launches Lakehouse-Powered Data Platform

HIT Consultant

What You Should Know: – Arcadia , a healthcare technology company, announced today the launch of its next-generation data platform powered by an open lakehouse architecture. – By providing a robust, secure, and scalable data platform, Arcadia empowers healthcare organizations to leverage the power of big data, accelerate their digital transformation journey, and ultimately improve patient care.

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Signify Health Expands At-Home Care Offerings

Home Health Care

Signify Health — a part of CVS Health (NYSE: CVS) — has added heart arrhythmia tests to its diagnostic and preventive services offerings. These screenings are part of the company’s in-home services aimed at achieving earlier detection and diagnoses. One of the reasons Signify Health is focused on heart arrhythmias is because of how common it is among the population the company serves.

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Psychedelic Inequities and Unexplored Risk: Colonization, Commercialization, and Regulation

Bill Of Health

By Tegan M. Carr As a researcher studying the psychedelic experiences of people of color in hopes of driving equitable psychedelic health care, I’m concerned about the ways in which Black, Brown, and Indigenous contributions have been excluded in the development of the psychedelic field and investigation of novel psychedelic therapies. By excluding diverse contributions to the psychedelic field, we risk establishing psychedelic practices that exacerbate racial health inequities (disparities) in

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REGISTRATION OPEN! SNF QRP: Achieving a Full APU Webinar – Update

Briggs Healthcare

The Centers for Medicare & Medicaid Services (CMS) is offering a webinar to provide updated instructions to help providers understand how to achieve a full Annual Payment Update (APU) in the Skilled Nursing Facility (SNF) Quality Reporting Program (QRP). For more information and to register for the webinar, please visit the SNF Quality Reporting Program (QRP) Training page.

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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.