Wed.May 29, 2024

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Self-funded health plan saves employers 20% more than major plans: analysis

Fierce Healthcare

Imagine360, a self-funded health plan out of Pennsylvania, reduces healthcare costs significantly more than major national carriers, an actuarial analysis by Axene Health Partners found. | Imagine360, an alternative health plan in Pennsylvania, is pointing to an independent analysis showing its clients save 20% on health benefit costs when compared to traditional carriers.

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Limited funding hinders uptake of RPM, DTx in Australia

Healthcare It News

Healthcare providers in Australia have been "slow" in their uptake of remote care technologies, such as remote patient monitoring and digital therapeutics. Despite their wide availability and verifiable and promising benefits, remote care technologies "[don't] fit neatly within broader funding models," according to the Australian Productivity Commission's report on digital health.

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A look at telehealth's future and an omnichannel approach to care

Fierce Healthcare

This week on "Podnosis," we dive into the topic of telehealth and its role in a comprehensive approach to healthcare. | This week on "Podnosis," Emma Beavins from Fierce Healthcare interviews CVS Health Chief Medical Officer Sree Chaguturu, M.D., to dive into the topic of telehealth and its role in a comprehensive approach to healthcare.

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Otsuka defies digital health downturn with new company

Health Care Dive

With “no playbook out there” to fall back on, the new company is taking a long-term approach as it develops its portfolio, an Otsuka Precision Health exec told MedTech Dive.

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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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Telehealth company Ro rolls out GLP-1 supply tracker amid ongoing drug shortage

Fierce Healthcare

Direct-to-consumer health and wellness company Ro launched an online GLP-1 supply tracker as an interactive tool to give patients real-time insights on GLP-1 drug shortages. | Direct-to-consumer health and wellness company Ro launched an online GLP-1 supply tracker as an interactive tool to give patients real-time insights on GLP-1 drug shortages.

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Minnesota’s Medicaid program to block for-profit insurers from participation

Health Care Dive

The ban initially only affects UnitedHealthcare, which is the sole for-profit managed care organization with a Medicaid contract in the state.

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‘The Patient Pays The Price’: Home Health Stakeholders Slam Medicare Advantage Plans As CMS Comment Period Closes

Home Health Care

Medicare Advantage (MA) – the offshoot of traditional Medicare that’s administered by private insurance companies – has recently caught a lot of flak. As it pertains to home health care specifically, MA plans have been criticized for their cumbersome prior authorization requirements and provider reimbursement rates that are typically far below fee-for-service Medicare.

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Clover Assistant AI tool now available to payers, providers

Fierce Healthcare

Clover Health’s AI tool for clinical decision-making, Clover Assistant, will be sold as a software-as-a-service (SaaS) to payers and providers. | Clover Health is expanding the use cases of its Clover Assistant AI tool, the company announced Wednesday.

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How Connected Healthcare Operations Helps Health Systems Work Smarter, Not Harder

HIT Consultant

Jeff Surges, CEO at RLDatix When it comes to healthcare, efficiency isn’t just a goal—it’s a lifeline. With a growing and aging patient population and widespread workforce shortages , hospitals and health systems must find ways to increase efficiencies and do more with less, while providing safe, high-quality care. This starts with liberating data and connecting healthcare operations solutions across the enterprise.

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Business Group on Health: A look at employers' evolving strategies around wellbeing

Fierce Healthcare

Wellbeing programs continue to be a central focus for employers, and they're evolving the reach of these offerings into new areas such as the social determinants of health, according to a new surve | Wellbeing programs continue to be a central focus for employers, and they're evolving the reach of these offerings into new areas such as the social determinants of health, according to a new survey.

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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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Virtual Therapeutics Acquires Akili: Stock to Go Private After Merger

HIT Consultant

What You Should Know: – Virtual Therapeutics , a leader in using engaging games for mental health treatment, announced today it will acquire Akili, Inc. (Nasdaq: AKLI), a prominent digital therapeutics company. This merger creates a diversified powerhouse in the digital health industry. – Once the acquisition is complete, Akili’s common stock will be delisted from all public stock exchanges.

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Industry Voices—Making maternal mental health a priority

Fierce Healthcare

Suicide, substance use disorder (SUD), overdose and other mental health conditions have broadly become the leading causes of pregnancy-related death for most women, and the second-leading cause of | Equipping mothers with the necessary resources to manage mental health and substance use conditions aids in safeguarding the well-being of families and future generations.

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Recent Medicare attempts to lower drug prices (beyond IRA)

Healthcare ECONOMIST

Recently, the Inflation Reduction Act (IRA) is getting a lot of attention, particularly for its provision that allows CMS to start drug price negotiation for selected drugs 9 (small molecules) or 13 (biologics) years after drug launch. However, the Centers for Medicare and Medicaid Innovation (CMMI) has proposed a number of a number of payment models intending to address pharmaceutical cost, spending, and reimbursement.

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How strategic procurement can maximize M&A benefits

Fierce Healthcare

Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. | Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence.

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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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HouseWorks Acquires AccordCare’s Personal Care Division In Connecticut, Expands Northeastern Footprint

Home Health Care

HouseWorks – one of the largest non-franchised home care providers in the U.S. – has executed another deal. The company has acquired AccordCare’s personal care division in Connecticut, which operates under the brands Companions & Homemakers and Companions Forever. The acquisition will bring HouseWorks into Connecticut for the first time, and further expand its footprint in the Northeast.

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AI tool predicts autoimmune disease risk using genomic data

Health IT Analytics

The artificial intelligence-driven EXPRESSO model uses genomic data, epigenetics and other information to identify risk genes for autoimmune disease.

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Enhabit CEO ‘Really Confident In The Future,’ Expresses Support For The Current Board

Home Health Care

When looking back at the bumpy road that has been the last couple of years, Enhabit Inc. (NYSE: EHAB) views the formation of its payer innovation team as one of its most critical moves. “Not only did we have a higher amount of fee-for-service, but the Medicare Advantage mix that we did have paid us with a significant discount, and so it was really important to get out there to get more and better contracts,” Enhabit CEO Barb Jacobsmeyer said Wednesday during a discussion at Leerink Partners heal

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Tandem Mobi Integrates with Dexcom G7 CGM, Expanding Choice for Diabetes Management

HIT Consultant

What You Should Know: – Tandem Diabetes Care (TNDM) and Dexcom (DXCM) announced today that the Tandem Mobi insulin pump with Control-IQ technology is now compatible with both the Dexcom G7 and Dexcom G6 Continuous Glucose Monitoring (CGM) systems. – Overall, the Tandem Mobi and Dexcom G7 combination empowers people with diabetes with a discreet, convenient, and technologically advanced solution for managing their condition.

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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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State Laws Passed to Address Health System Costs: 2020-2024

NASHP

Find state laws enacted to address health system costs since 2020 below. Use the drop down to search by type of legislation, and view summaries of each law in the chart below. You can explore all state health system cost legislation considered since 2020 here. The post State Laws Passed to Address Health System Costs: 2020-2024 appeared first on NASHP.

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HouseWorks Acquires AccordCare’s Connecticut Personal Care Division

HIT Consultant

What You Should Know: – HouseWorks Holdings, LLC, a leading personal care services provider in the Northeast, today announced the acquisition of the Connecticut Personal Care Division of AccordCare. – The acquisition marks HouseWorks’ entry into the Connecticut market, significantly expanding their geographic reach and service offerings.

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Navigating the Shift: The Rise of Home Healthcare and the Pivotal Role of Wound Management Expertise

Health Recovery

Navigate the rise of home healthcare with a focus on wound management expertise. Learn about challenges, solutions, and the pivotal role of WOC nurses in optimizing patient outcomes, reducing hospital readmissions, lowering costs, and increasing value for home health organizations.

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Pager Health and League Partner to Address Maternal Health Crisis

HIT Consultant

What You Should Know: – Pager Health and League , leading forces in digital healthcare, have joined forces to tackle the critical issue of maternal health in the United States. – The strategic collaboration aims to deliver a truly personalized and effective maternity care experience, potentially improving outcomes for millions of mothers-to-be.

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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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Readers Write: Healthcare’s Digital Leap: The Game-Changing Benefits of Online Marketplaces

HIStalk

Healthcare’s Digital Leap: The Game-Changing Benefits of Online MarketplacesBy Eric.

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New AI Test Aims to Improve Breast Cancer Recurrence Prediction: COTA, PreciseDx, and Baptist Health South Florida Collaborate

HIT Consultant

What You Should Know: – A collaborative effort between COTA , PreciseDx , and Baptist Health South Florida seeks to revolutionize breast cancer recurrence risk assessment with the PreciseBreast™ (PDxBr) test. This AI-powered tool holds promise for faster, more accurate, and more affordable risk prediction compared to current methods. – By utilizing AI technology, PreciseBreast™ has the potential to offer patients a faster, more accurate, and more affordable way to assess their risk o

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Readers Write: Strengthening the Net: The FTC’s Expanded Reach on Health Data Protection

HIStalk

Strengthening the Net: The FTC’s Expanded Reach on Health Data.

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Medable Partners with Masimo to Bring Wearable Devices to Clinical Research, Capturing Better Data

HIT Consultant

What You Should Know: – Medable Inc., a leader in modern clinical trial technology, has announced a groundbreaking partnership with Masimo (NASDAQ: MASI) to integrate medical-grade wearable devices into clinical research. This collaboration aims to streamline patient participation and enhance data collection for clinical trials. – By offering a patient-centric approach and fostering richer data collection, this collaboration holds promise for faster drug development, improved patient

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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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Healthcare AI News 5/29/24

HIStalk

News Microsoft announces new features for Copilot that include expanded.

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PointClickCare & C3HIE: Leveraging ADT & SNF Data for Improved Care Coordination

HIT Consultant

What You Should Know: – PointClickCare , a leading healthcare technology platform enabling meaningful care collaboration and real-time patient insights, and C3HIE , a community partner offering additional critical interoperability and care coordination services, announced today its first direct partnership. – Together, the organizations are working towards a goal of improving health outcomes for patients across the state of Texas and ensuring a more connected care experience at every

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Morning Headlines 5/30/24

HIStalk

Virtual Therapeutics, Akili Interactive Enter Into Definitive Merger Agreement to.

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House Republicans' new 340B bill 'a pharmaceutical industry wish list,' hospitals say

Fierce Healthcare

Republican lawmakers in the House have introduced a bill Tuesday that tightens eligibility and public reporting requirements within the 340B Drug Discount Program, earning the applause of industry | Critics of the increasingly scrutinized 340B program applauded a new bill that tightens eligibility and public reporting requirements. Hospitals, who have increasingly leaned on the drug discounts in recent years, say it'll hamper patient access to lower cost treatments.

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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.