Fri.Jan 26, 2024

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AI can crack open the 'black box' of effective mental health therapy at scale, study finds

Fierce Healthcare

As artificial intelligence advances in different areas of healthcare, there are concerns that technology and AI-based chatbots will replace the human connections between patients and practitioners. | A new study finds promising potential for AI and large language models to enhance mental health therapy at scale by being able to analyze millions of text-based counseling messages to shine a light on what works.

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Healthcare bankruptcies reached five-year peak in 2023, report finds

Health Care Dive

The analysis logged 79 Chapter 11 bankruptcies for companies with liabilities of at least $10 million last year — more than three times the number of filings in 2021.

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Experts weigh in on how to tackle growing teen mental health crisis

Fierce Healthcare

To turn the tide around on the growing teen mental health crisis, the U.S. | Social media is cited as one of the drivers of the worsening crisis along with COVID-19, gun violence and the threat of climate change.

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Humana names inaugural ‘Growth President’ after posting grim financial outlook

Health Care Dive

David Dintenfass will have his hands full trying to right the ship, as Humana stares down expectations for notably slower growth in 2024 and beyond.

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From Diagnosis to Delivery: How AI is Revolutionizing the Patient Experience

Speaker: Simran Kaur, Founder & CEO at Tattva Health Inc.

The healthcare landscape is being revolutionized by AI and cutting-edge digital technologies, reshaping how patients receive care and interact with providers. In this webinar led by Simran Kaur, we will explore how AI-driven solutions are enhancing patient communication, improving care quality, and empowering preventive and predictive medicine. You'll also learn how AI is streamlining healthcare processes, helping providers offer more efficient, personalized care and enabling faster, data-driven

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Cognoa's FDA-approved autism diagnostic tool now in-network for Highmark members

Fierce Healthcare

Cognoa, maker of the first FDA-approved autism diagnostic tool, announced Highmark has signed on as its first commercial payer partner. | The tool, Canvas Dx, leverages AI to empower doctors to quickly and accurately diagnose developmental risk without bias, the company claims. It is the first FDA-approved autism diagnostic tool.

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Troubled Steward Health Care announces yet another facility closure

Health Care Dive

The financially strapped for-profit healthcare network plans to shutter services at the Medical Center of Southeast Texas on Feb. 2.

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HIMSSCast: Managing critical patient feedback in real time

Healthcare It News

Whether they are on Standford's inbound and outbound calls, automated voice systems or mobile channels, patients can be heard through the health system's engagement tools and processes. Dr. Adrienne Boissy, chief medical officer of Qualtrics and a practicing neurologist at the Cleveland Clinic, explained why emotional harm that can be caused by healthcare interactions needs to be heard.

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DOJ, HHS press state Medicaid admins to cover Hepatitis C meds

Fierce Healthcare

State Medicaid agencies are required to cover Hepatitis C medications for people who have the disease or a substance use disorder, states were "encouraged" earlier this week. | State Medicaid agencies were reminded of their responsibility to offer Hepatitis C medications, or direct-acting antivirals (DAAs), to individuals with substance use disorder.

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Moving past an anomaly: Bessemer’s Andrew Hedin on ‘high quality’ startups driving funding in 2024

Health Care Dive

Andrew Hedin discusses the outlook for digital health investment in 2024 and why startups that can prove their worth will continue to earn funding.

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Blue Shield of California offers to pick up the tab for Medicaid enrollees who want GEDs

Fierce Healthcare

Blue Shield of California is offering to foot the bill for Medicaid enrollees who want to earn a General Education Diploma and become high school graduates. | The program, being rolled out in Los Angeles and San Diego counties, addresses a trend of fewer people graduating from high school.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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Impact of mental health on food security

Healthcare ECONOMIST

How do mental health issues impact the likelihood of food security? This question is difficult to answer empirically for (at a minimum) two primary reasons: Endogeneity/Unobserved factors. For instance, personal, family, and neighborhood characteristics (e.g., family stability, access to health care, exposure to violence) may impact both mental health and the likelihood of food insecurity.

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AWS commits additional $20M to health equity initiative to support organizations tackling health disparities

Fierce Healthcare

Amazon Web Services has committed an additional $20 million to its health equity initiative to support companies tackling disparities through cloud technology. | Since 2021, the program has supported nearly 230 organizations across 28 countries addressing disparities. Now, AWS has also added a new focus area to address the impact of climate change on health.

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Physician Burnout and Depression Rates Decline, Medscape Report Reveals

HIT Consultant

What You Should Know: – For the first time in years, a glimmer of hope has emerged in the fight against physician burnout and depression. – The latest Medscape Physician Burnout & Depression Report reveals a significant decline in the rates among U.S. doctors, suggesting a potential shift in the overall mental well-being of this critical workforce.

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Chutes & Ladders—ChenMed appoints new CEO

Fierce Healthcare

Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry.

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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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What CMS Gets Wrong About Referral Rejection Rates In Home Health Care

Home Health Care

In light of the increasing need for post-acute care, hospitals are grappling with challenges tied to ensuring patients are directed to the most suitable post-discharge care setting. While referral volume to home health agencies continues to be higher than pre-pandemic levels, rejection rates continue to be a major pain point for providers. Home health agencies are not only getting more referrals in total, but they are also seeing an uptick in referrals per patient.

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Deliberate AI Joins FDA Pilot to Develop Mental Health Treatments

HIT Consultant

What You Should Know: – Deliberate AI , a digital health company harnessing AI to revolutionize mental health assessment, has secured a major milestone in its mission. The U.S. Food and Drug Administration (FDA) has selected Deliberate AI’s AI-generated Clinical Outcome Assessment (AI-COA™) for its Innovative Science and Technology Approaches for New Drugs (ISTAND) Pilot Program. – The collaboration between Deliberate AI and the FDA represents a giant leap in the fight against

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What Counts as a Psychedelic?

Bill Of Health

By Vincent Joralemon There is little consensus in defining “psychedelic.” Yet, research on and access to these substances hinges on what gets included in the “psychedelic” umbrella. It is time to talk about why we include (and exclude) particular drugs from this category. Grants, Research, and Medical Codes This matters because funding will flow from this categorization.

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Motif Neurotech Raises $18.75M for Implantable Device for Treatment-Resistant Depression

HIT Consultant

What You Should Know: – Motif Neurotech , a pioneer in minimally-invasive bioelectronics for mental health, announced today an impressive $18.75 million Series A funding round. Led by Arboretum Ventures , the investment saw participation from prominent players like KdT Ventures, Satori Neuro , and Dolby Family Ventures, alongside existing supporters Divergent Capital and PsyMed Ventures. – Motif Neurotech’s innovative approach represents a potential paradigm shift in mental hea

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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.

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The Promise and Peril of AI in the Power Grid

The Rand Blog

Artificial intelligence is poised to transform how electricity is produced and consumed. But as with any new technology, its use comes with hidden risks and challenges that must be addressed.

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Precision Psychiatry: Circular Genomics Secures $8.3M to Tackle Depression with CircRNA Test

HIT Consultant

What You Should Know: – Circular Genomics , a pioneer in unlocking the secrets of circular RNA (circRNA) for precision psychiatry and neurology, has secured $8.3 million in a Series A funding round. Led by Mountain Group Partners , this vital investment brings on board new partner UNM Rainforest Innovations and bolsters support from existing investors like Cottonwood Technology Fund and Tramway Venture Partners. – The new funding will empower Circular Genomics to build and scale comm

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The Corporate Transparency Act: A Reporting Guide for Medical Groups and MSOs

Sheppard Health Law

Congress passed the Corporate Transparency Act (the “CTA”) in 2021 with the aim of enhancing transparency in entity structures and ownership as well as combating terrorism, money laundering, and other forms of corporate misconduct. This sweeping new rule is designed to cast a wide net over entities that, except in the case of taxes, do not regularly report to federal agencies (i.e., non-publicly traded entities), regardless of the degree to which they are already regulated at the state level.

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[ANSWERED] What is a Fee for Service in Healthcare?

Etactics

In 2021, the amount of healthcare payments from the fee-for-service models equaled 40.5%. There are multiple different healthcare payment models. Each method exists to provide compensation to providers for services rendered. The models are all different in their method of reimbursing healthcare professionals, each addressing different aspects of: Healthcare delivery.

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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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CMS Finalizes its Proposal to Advance Interoperability and Improve Prior Authorization Processes

Sheppard Health Law

On December 13, 2022, the Centers for Medicare and Medicaid Services (“CMS”) issued a proposed rule, titled Advancing Interoperability and Improving Prior Authorization Processes (“Proposed Rule”), to improve patient and provider access to health information and streamline processes related to prior authorizations for medical items and services. We provided key information about that proposed rule on our website here.

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People with Chronic Medical Conditions Continue to Account for The Majority of Flu Hospitalizations This Season

Briggs Healthcare

January 26, 2024 – Today CDC posted new data that show the proportion of people hospitalized with flu this season in one CDC surveillance system who also have at least one chronic medical condition. Overall, among people hospitalized with flu, about 90% had a least one chronic medical condition. This is consistent with historical data. Annual flu vaccination and prompt flu antiviral treatment are especially important for people who are at higher risk of severe outcomes because they have chronic

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Patient Safety Movement Foundation’s Mid-Year Meeting Charts Course for Global Patient Safety Initiatives in 2024

Patient Safety Movement

IRVINE, Calif.—Jan. 26, 2024—The Patient Safety Movement Foundation (PSMF) convened its annual Mid-Year Event to discuss safety challenges in the healthcare system that result in millions of preventable deaths around the world. Keynote addresses and roundtable discussions with renowned patient safety experts in a variety of fields focused on macro-level strategies to create a safer healthcare system with zero preventable harm.

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Beware the Ides of March: Four Questions and Answers to Guide Your Organization’s Preparation for the Upcoming Appropriations Process

Triage Health Law

Federal appropriations provide annual discretionary funding for our government to carry out its mission and, in turn, spur various healthcare organizations towards efficiencies and achievements. Whether you serve an entity interested in the government’s work in disease research or a nonprofit hospital requesting community project funding for infrastructure needs, it is important for those seeking funding provided through Congress’ annual appropriations cycle to understand the process and current

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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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Why Medicaid HCBS Providers May Pull Their Business From Unfavorable Markets

Home Health Care

Between the increase to the Federal Medicaid Assistance Percentage (FMAP) match and American Rescue Plan (ARP) funds, home- and community-based services (HCBS) providers had a safety net. In 2024, providers will need to prepare for a very different environment that does not include these financial buffers. “We’ve had success in many states, over the last couple of years,” Dave Totaro, chief government affairs officer at Bayada Home Health Care, recently said during a Home Health Care News

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Democratizing AI: NSF Launches AI Pilot for National Research Resource

HIT Consultant

What You Should Know: The U.S. National Science Foundation (NSF), alongside a diverse coalition of government agencies, industry leaders, and non-profit organizations, has launched the National Artificial Intelligence Research Resource (NAIRR) pilot. The NAIRR pilot marks a significant step towards a future where AI benefits everyone. By democratizing access to critical resources, fostering collaboration, and prioritizing responsible development, the NAIRR has the potential to unlock transformat