Cigna writes down VillageMD investment amid shrinking value
Health Care Dive
MAY 2, 2024
Walgreens’ decision to slash VillageMD’s clinical footprint has reverberated to the financial accounts of the primary care chain’s minority owner — Cigna.
Health Care Dive
MAY 2, 2024
Walgreens’ decision to slash VillageMD’s clinical footprint has reverberated to the financial accounts of the primary care chain’s minority owner — Cigna.
Fierce Healthcare
APRIL 30, 2024
This is a developing story and will be updated with more information. | Walmart is shuttering all 51 health centers along with its virtual care services, the retail giant announced Tuesday morning.
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Healthcare It News
MAY 2, 2024
UnitedHealth Group CEO Andrew Witty testified on May 1 before both the House and Senate about the seismic February 21 cyberattack of UHG subsidiary Change Healthcare, which was infiltrated by the ALPHV ransomware gang. He acknowledged that the absence of multi-factor authentication on a legacy server provided the cybercriminals with their successful attack vector.
HIT Consultant
APRIL 29, 2024
What You Should Know: – The Federal Trade Commission (FTC) has finalized significant changes to the Health Breach Notification Rule (HBNR) , aiming to improve consumer protection in the digital age. – These updates clarify the rule’s application to modern technologies like health apps and expand the information healthcare providers must disclose in the event of a data breach.
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Cloud Blogs
MAY 1, 2024
Microsoft Industry Clouds continue to bring new innovations that provide significant capabilities to transform your business. The current 2024 release wave 1 contains several new features across Microsoft Cloud for Manufacturing, Microsoft Azure Data Manager for Agriculture, Microsoft Cloud for Sovereignty, Microsoft Cloud for Sustainability, Microsoft Azure Data Manager for Energy, Microsoft Cloud for Retail, Microsoft Cloud for Healthcare, and Microsoft Cloud for Nonprofit.
Fierce Healthcare
APRIL 30, 2024
Hospitals are off the hook for data reporting requirements that have been in place since the early COVID-19 pandemic. | Hospitals were required to share COVID-19 admissions, ICU capacity and other related data on a daily basis during the height of the COVID-19 pandemic, then the reporting frequency shifted. The CDC said it still encourages hospitals to report their data on a "voluntary" basis and will soon begin displaying those data online.
Health Care Quality Digest brings together the best content for healthcare quality professionals from the widest variety of industry thought leaders.
Healthcare It News
MAY 1, 2024
In the ever-evolving landscape of healthcare, the integration of virtual care has become pivotal in reshaping patient experiences. Amanda Bury, chief commercial officer at Infermedica, a digital health company specializing in AI-powered systems for symptom analysis and patient triage, knows telehealth's potential to enhance and optimize patient experiences and outcomes while emphasizing convenience, affordability and empowerment – tying in responsible AI innovation and strategies for e
HIT Consultant
APRIL 29, 2024
Jim Broome, President and CTO, DirectDefense It’s not a matter of if but when an organization will face a security incident. In 2023, the healthcare industry faced its toughest year, with over 124 million health records breached in a total of 725 hacking incidents, according to The HIPAA Journal. This trend shouldn’t come as a surprise given how hospitals and medical offices are relatively lucrative and easy targets for cyberattacks due to the combination of outsourced services and soluti
Home Health Care
MAY 1, 2024
Internal and external headwinds have conjoined to curtail dealmaking in home-based care over the last couple of years. Amid those headwinds, however, there are companies like New Day Healthcare and VitalCaring that are banking on big-time growth in 2024 and 2025, largely driven by acquisition. As growing providers, each company has picked up what they believe to be the right assets, at the right time, over the last couple of years.
Fierce Healthcare
APRIL 30, 2024
CVS has quietly acquired Hella Health, a startup Medicare Advantage broker based in New York City, according to a post on LinkedIn. | CVS has quietly acquired Hella Health, a startup Medicare Advantage broker based in New York City, according to a post on LinkedIn.
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Health Care Dive
MAY 2, 2024
Legislators slammed Andrew Witty over the company’s lack of cybersecurity practices and the impact of the breach, which may have compromised the data of a third of Americans.
Healthcare It News
MAY 1, 2024
Walmart is closing Walmart Health and Walmart Health Virtual Care, saying the business model was not profitable nor sustainable. The Walmart Health centers opened in 2019. "Through our experience managing Walmart Health centers and Walmart Health Virtual Care, we determined there is not a sustainable business model for us to continue," the company said by statement.
HIT Consultant
MAY 2, 2024
What You Should Know: – Harnessing the power of AI for healthcare just got simpler. NVIDIA announced the integration of NVIDIA NIM, a collection of cloud-native AI microservices, with Amazon Web Services (AWS). – The strategic collaboration empowers developers to leverage pre-trained AI models for drug discovery, medical imaging analysis, and genomics research – all accessible through user-friendly APIs.
Health Populi
MAY 2, 2024
While people in the U.S. perceive a dramatic rise in mental health conditions among fellow health citizens growing over the past five years, people note barriers of cost, insufficient supply of providers, and stigma as barriers to getting care in the latest Gallup and West Health poll on the subject. In West Health’s words , three-quarters of Americans feel that, “mental health takes a back seat to physical health” in the U.S.
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Fierce Healthcare
MAY 1, 2024
The scale of UnitedHealth Group's sprawling empire was under the microscope on Wednesday as CEO Andrew Witty testified before a key Senate panel about the cyberattack on Change Healthcare that's ha | The scale of UnitedHealth Group's sprawling empire was under the microscope on Wednesday as CEO Andrew Witty testified before a key Senate panel about the cyberattack on Change Healthcare that's had ripple effects across healthcare.
Health Care Dive
APRIL 30, 2024
The unexpected closure of Walmart’s 51 health centers and virtual care business highlights the difficulty of providing healthcare at this moment in time.
Healthcare It News
APRIL 29, 2024
Improvements in public health case administration, faster prior authorizations for specialty medications and rideshare delivery of lab kits for wellness are just a few interesting goals making vendor news in April. Salesforce for public health and other government agencies could integrate natural language processing to ease administrative burdens and generate richer case files.
HIT Consultant
APRIL 29, 2024
Becky Watkins, Senior VP of Client Solutions of ResultsCX When interacting with industries such as retail, hospitality, and finance, we’ve all become accustomed to quick, effective, and personalized customer service. It’s no surprise that when it comes to healthcare, consumers are now seeking a better customer experience on par with the quality of the clinical care they have come to expect.
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.
Healthcare ECONOMIST
APRIL 30, 2024
In July 2018, FDA released the Biosimilars Action Plan (BAP), which outlined FDA’s approach for expanding access to biosimilars for the American public. The plan focused on 4 key areas: A recent FDA report reviews some of their accomplishments since then. Most of these efforts revolve around guidance documents, additional staff, education products and websites, public hearings and regulations (i.e., proposed/final rules).
Fierce Healthcare
MAY 1, 2024
A newly formed group of women’s health companies aims to tackle gaps in care, with a focus on improving outcomes while reducing costs. | A newly formed group of women’s health companies aims to tackle gaps in care, with a focus on improving outcomes while reducing costs.
Health Care Dive
APRIL 30, 2024
Twenty percent of a typical healthcare organization’s sensitive data holdings are affected in a ransomware encryption event, compared with just 6% for an average organization.
Healthcare It News
MAY 1, 2024
In addition to analyzing client ransomware incidents and other cyberattacks, the privacy and data security specialists at BakerHostetler compared incident response statistics across industries and looked at data breach regulatory response and lawsuits. Of all incidents Baker Hostetler analyzed, healthcare, biotech and pharma took the lion's share at 28%.
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.
HIT Consultant
MAY 1, 2024
Steve Albert, Executive Vice President and Chief Product Officer, R1 It’s a perfect storm of financial pressures facing healthcare provider organizations – from rising costs to labor shortages to constrained capacity – that stymies revenue growth. Growing challenges with payer payments only exacerbate these issues. According to a Kaufman Hall report , 73% of leaders surveyed said claims denials, which was the top revenue cycle issue in 2022, had increased in 2023.
The Rand Blog
APRIL 29, 2024
Russia's President Vladimir Putin rants that the West seeks to “dismember and plunder” his country. By accusing the West of plotting against Russia, the Kremlin likely hopes to distract Russian citizens from its own flawed actions. But the true damage to Russia has been self-inflicted.
Fierce Healthcare
MAY 2, 2024
Retail pharmacy giant Walgreens inked another partnership to recruit participants for research as it continues to build out its clinical trials business. | Walgreens has signed more than 35 clinical trial contracts with drugmakers including Freenome and Prothena. The aim is to optimize recruitment and make clinical trials more accessible, inclusive and equitable, the companies said.
Health Care Dive
APRIL 30, 2024
Congressional inaction regarding health privacy laws robs Americans’ control of ownership of their health data, according to Senator Bill Cassidy, ranking member of the Senate HELP committee.
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Healthcare It News
APRIL 29, 2024
A nurse by training, Tim Ashe, chief clinical officer at Wellsky, knows the challenges that burnout, staffing shortages and bed capacity have on clinicians and the health system.
HIT Consultant
MAY 1, 2024
What You Should Know: – Security researchers at Nozomi Networks Labs identified three vulnerabilities in the Merge DICOM Toolkit C/C++ SDK (versions prior to v5.18). – These vulnerabilities could be exploited by attackers to crash medical imaging systems through seemingly harmless actions like opening a DICOM file or processing network data.
The Rand Blog
MAY 2, 2024
After two years of the Russia-Ukraine war with still no end in sight, NATO members have begun asking what it will take to turn the tide in Ukraine's favor. To fully expel Russian forces in the next two years, U.S. support and broad NATO investments will be required.
Fierce Healthcare
MAY 2, 2024
Hospitals’ margins and revenues took a slight dip in March, though it wasn’t enough to sour what has been a strong quarter for the sector. | Revenues, volumes and margins pulled back from February to March, with the strongest decline seen among outpatient settings. Sectorwide reports and recent earnings suggest that the sector is still well ahead of 2023.
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.
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