Tue.Jan 10, 2023

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CVS reportedly exploring $10B buy of Oak Street Health

Health Care Dive

Shares in Oak Street, which serves mostly seniors on Medicare, rose more than 32% in aftermarket trading following a Bloomberg report.

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With Epic-linked RPM, Lee Health is sending fewer people to hospitals and ERs

Healthcare It News

Dr. Zsolt Kulcsar, medical director at Lee Health based in Fort Myers, Florida, says what he has learned in recent years is that telemedicine is great, but it also is a little limiting. There is only so much one can solve via a video interaction. THE PROBLEM. "When the first wave of COVID-19 kind of died down, we met with all of our heads of departments, including cardiology, pulmonary and other key service lines, and we asked them about the limitation of that telehealth interaction,"

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COVID-19 vaccine prices are going up. It shouldn’t be our focus.

Health Care Dive

Vaccinating as many people as possible to reduce the spread of respiratory illness that can be especially life-threatening for the youngest and oldest Americans is key, argues vaccine law professor Richard Hughes IV.

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JPM23: CVS Health still weighing next steps as it plans foray into primary care

Fierce Healthcare

JPM23: CVS Health still weighing next steps as it plans foray into primary care. pminemyer. Tue, 01/10/2023 - 12:37.

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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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Teladoc expects $2.4B in 2022 revenue, boosted by BetterHelp

Health Care Dive

BetterHelp’s contribution implies a growth rate of 43% for the business, up from previous management targets, according to SVB Securities analyst Stephanie Davis.

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JPM23, Day 2: Cigna focusing on partnerships in primary care strategy; Omada, Intermountain launch partnership for diabetes care

Fierce Healthcare

JPM23, Day 2: Cigna focusing on partnerships in primary care strategy; Omada, Intermountain launch partnership for diabetes care. hlandi. Tue, 01/10/2023 - 11:15.

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LeanTaaS, Hospital IQ join forces to address hospital operational optimization

Fierce Healthcare

LeanTaaS, Hospital IQ join forces to address hospital operational optimization. aburky. Tue, 01/10/2023 - 15:00.

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India's insurance scheme shifts to value-based care performance measure

Healthcare It News

The National Health Authority of India will now incentivise hospitals for providing valuable service through a new initiative. Under the flagship insurance scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana or AB PM-JAY, the agency will now shift its focus from the number or volume of services provided to the value of services to measure and grade healthcare providers' performances.

Hospitals 190
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JPM23: Ascension Health details $2.5B economic recovery plan to rebound from financial, operational headwinds

Fierce Healthcare

JPM23: Ascension Health details $2.5B economic recovery plan to rebound from financial, operational headwinds. hlandi. Wed, 01/11/2023 - 00:06.

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Biden's Southeast Asia Policy Improves in Second Year, but Still Much to Do

The Rand Blog

In 2022, the Biden administration stepped up its game in Southeast Asia by showing up in person, clarifying its approach in key strategy documents, and boosting cooperation. But one obvious problem that remains is that it still has no real economic strategy to counter China in the region.

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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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Medicare Advantage, telehealth expansion allies to helm key House panels

Fierce Healthcare

Medicare Advantage, telehealth expansion allies to helm key House panels. rking. Tue, 01/10/2023 - 17:25.

Medicare 296
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Digital Health Funding Reaches $15.3B in 2022 Across 572 Deals, Rock Health Reports

HIT Consultant

What You Should Know: – In a downtrodden market climate, things don’t need to feel doom and gloom, according to Rock Health’s Annual 2022 digital health funding report. 2022 was a necessary reminder that investment is cyclical and that strong players build resilience in weathering funding climate changes. – Analysts expect that 2023 will be built up on slow, steady, and maybe even boring strategies for healthcare startups and enterprises alike: managing cash, restructuring to accommo

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Employer-sponsored coverage flatlined even as unemployment rate shrunk: study

Fierce Healthcare

Employer-sponsored coverage flatlined even as unemployment rate shrunk: study. fdiamond. Tue, 01/10/2023 - 14:31.

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The Continuing Rise of AI in the Healthcare Sector in 2023

HIT Consultant

Melissa Powell, COO of Genesis HealthCare. The announcement in September 2022 that the health tech company Iodine Software was entering into a partnership with the software platform TruCode “to upend clinical administration using artificial intelligence” serves as one of the more recent reminders of AI’s considerable impact on the healthcare sector.

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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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BMA: Medicare Advantage outperforms fee-for-service on certain diabetes outcomes

Fierce Healthcare

BMA: Medicare Advantage outperforms fee-for-service on certain diabetes outcomes. rking. Tue, 01/10/2023 - 13:17.

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90% of Americans Used Telehealth in The Past Year, Survey Finds

HIT Consultant

What You Should Know: – Independa, an award-winning TV-based platform providing remote engagement, education and care, recently announced the results of their latest commissioned survey examining behaviors and attitudes of smart TV users and their experiences surrounding telehealth. – Results from the November 2022 study found that over 90% of Americans used telehealth services in the last year, and that 90% enjoyed their experience.

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JPM23: Cigna CEO David Cordani says coming biosimilar wave offers 'tremendous' opportunity

Fierce Healthcare

JPM23: Cigna CEO David Cordani says coming biosimilar wave offers 'tremendous' opportunity. pminemyer. Tue, 01/10/2023 - 21:02.

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Exec Hires: Former WebMD Exec Joins ODAIA as New Chief Commercial Officer

HIT Consultant

Dr. Eric Trepanier, Chief Commercial Officer at ODAIA. What You Should Know: – ODAIA , the company empowering pharma’s next generation of engagement with healthcare professionals through predictive analytics announces the appointment of Dr. Eric TrĂ©panier (Pharm.D, CFA) as its new Chief Commercial Officer. – As Chief Commerical Officer, TrĂ©panier will drive sales of ODAIA’s MAPTUAL Sphere and MAPTUAL Field products, which aim to expand and deepen relationships between physicians and

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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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Thousands of patients could lose mental health services if pandemic-era rules end, Talkiatry data show

Fierce Healthcare

Thousands of patients could lose mental health services if pandemic-era rules end, Talkiatry data show. aburky. Tue, 01/10/2023 - 17:16.

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M&A: Avel eCare Acquires NightWatch to Expand Remote Pharmacy Services

HIT Consultant

What You Should Know: – Avel eCare, the nation’s leading provider of clinician-to-clinician telemedicine services, today announced the acquisition of NightWatch , a West Virginia-based company that provides remote pharmacy services to hospitals, clinics and nursing homes throughout the Midwest and mid-Atlantic region. – The expansion of remote pharmacy services strengthens Avel eCare’s portfolio of telemedicine offerings and helps meet the growing demand for pharmacy telemedicine ser

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Women's health company expands to Illinois, will manage one of state's largest OB-GYN physician groups

Fierce Healthcare

Women's health company expands to Illinois, will manage one of state's largest OB-GYN physician groups. agliadkovskaya. Tue, 01/10/2023 - 12:54.

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5 Executives Share Their Behavioral Health Predictions for 2023

HIT Consultant

As the start of the new year kicks off, we asked 5 healthcare executives to share their top predictions and trends for 2023. Dr. Yusuf Sherwani, Co-Founder and CEO of Quit Genius. Employers will expand SUD treatment for employees: For example, Cigna more than doubled Evernorth’s Behavioral Health Network in recent months, and employers are now the ones driving demand for better behavioral health benefits for their employees.

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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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District court remands 340B underpayment remedy to HHS despite hospitals' push for immediate relief

Fierce Healthcare

District court remands 340B underpayment remedy to HHS despite hospitals' push for immediate relief. dmuoio. Tue, 01/10/2023 - 15:10.

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M&A: LeanTaaS Acquires Hospital IQ, Combined Valuation Exceeds $1B

HIT Consultant

What You Should Know: – LeanTaaS, Inc., a provider of AI-powered and SaaS-based capacity management and patient flow software for health systems, today announced it has acquired Hospital IQ , a provider of intelligent automation solutions for hospitals. The acquisition values the combined company at more than $1 billion in enterprise value and enables it to power intelligent operations across more than 180+ U.S. health systems.

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Nonprofit hospitals' investment losses, shrinking margins threaten credit ratings in 2023: Fitch

Fierce Healthcare

Nonprofit hospitals' investment losses, shrinking margins threaten credit ratings in 2023: Fitch. dmuoio. Tue, 01/10/2023 - 13:17.

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Medically Home’s Next Frontier: Moving The Emergency Department Into The Home

Home Health Care

Medically Home’s business is bringing services that are traditionally delivered at a hospital bedside into the home. So it was only a matter of time until the company brought the emergency department (ED) to patients in their home. On Tuesday, Medically Home announced its ED in Home program for medically complex patients. The ED in Home model was originated by Medically Home, and designed by emergency care physicians.

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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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4 essential factors to a successful multi-year, phased implementation project

Meditech

Planning an EHR implementation is a significant undertaking that touches all areas of a healthcare organization and requires time, training, and support. All of these aspects are multiplied when the project is undertaken by an organization as unique as Avera Health. With more than 300 locations in 100 communities, Avera’s move to Expanse involved multiple hospitals, clinics, long-term care, and senior living facilities.

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Humana CFO: Primary Care Growth To Accelerate Home Health Utilization

Home Health Care

Over the next few years, Humana Inc. (NYSE: HUM) hopes to have more of its members utilizing all three of its health care service arms in order to drive up margins and revenues. That plan includes CenterWell Home Health. If CenterWell Primary Care continues to grow at the rate that it is, CenterWell Home Health’s footprint will undoubtedly grow with it, Humana CFO Susan Diamond said during the J.P.

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The evolution of PBMs over the past 2 decades

Healthcare ECONOMIST

A ViewPoint by Richman and Adashi in JAMA this week provides a nice overview of the pharmacy benefit manager (PBM) marketplaces as well as some considerations for the Federal Trade Commission (FTC) to consider. Below I summarize some of the developments in the PBM market in recent decades. Of particular note is that PBMs have grown in size largely due to market consolidation.

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Marrying Digital Solutions with Business Transformation to Retain Caregivers

Home Health Care

This article is sponsored by AlayaCare. This article is based on a Home Health Care News discussion with Sava Berhané, Senior Vice President of Customer Success at AlayaCare. The discussion took place on November 16, 2022 during the HHCN Home Care Conference in Chicago. The article below has been edited for length and clarity. Home Health Care News: Sava, could you tell me a little bit about yourself, tell me a little bit about your role at AlayaCare and your passion for home care.

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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.