Tue.Oct 15, 2024

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Blues plans agree to $2.8B settlement in provider class action suit

Fierce Healthcare

Blue Cross Blue Shield plans have agreed to a $2.8 billion settlement to resolve legal allegations from a slew of providers who claim the insurers colluded to prevent competition and lower reimburs | Blue Cross Blue Shield plans have agreed to a $2.8 billion settlement to resolve legal allegations from a slew of providers who claim the insurers colluded to prevent competition and lower reimbursements.

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CVS Health slashes infusion services offerings, blaming industry headwinds

Health Care Dive

CVS Health will stop providing many infusion services and close or sell 29 pharmacies in the coming months, a spokesperson said.

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Walgreens plans to close 1,200 stores by 2027 as part of ongoing turnaround strategy

Fierce Healthcare

Walgreens reported a loss of $3 billion in the fourth quarter and plans to close 1,200 stores over the next three years as part of the retail drugstore chain's ongoing turnaround strategy amid a ro | Walgreens reported a loss of $3 billion in the fourth quarter and plans to close 1,200 stores over the next three years as part of the retail drugstore chain's ongoing turnaround strategy amid a rocky fiscal 2024.

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Eyewear that senses emotions grabs facial data

Healthcare It News

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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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DEA sends 3rd temporary extension of telemedicine prescribing rules to White House

Fierce Healthcare

The Drug Enforcement Administration is poised to extend pandemic-era telehealth prescribi | The third temporary extension is rumored to be for just one year, punting the deadline for the next administration to negotiate permanent rules to December 2025. Telemedicine companies, including those that prescribe Adderall, will be able to continue prescribing as they have since 2020.

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Walgreens to close 1,200 stores

Health Care Dive

The closures reverse Walgreens’ expansion ambitions from a few years ago, when the company attempted to merge with rival Rite Aid.

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UnitedHealth lowers adjusted profit outlook as cyberattack costs rise

Health Care Dive

The insurer has recorded $2.5 billion in total impacts from the attack through the nine months ended Sept. 30, according to UnitedHealth’s third quarter earnings.

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UnitedHealth beats the Street with $6B in Q3 profit

Fierce Healthcare

UnitedHealth Group kicked off another round of earnings calls for major health insurance companies Tuesday morning, when it

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The Journey to an Infection Prevention and Control Career

CDC

The Journey to an Infection Prevention and Control Career In the complex world of health care, infection prevention and control (IPC) is crucial to keeping everyone safe. IPC helps protect healthcare professionals and reduces patients’ risk for healthcare-associated infections (HAIs), which they can get while or soon after receiving care. HAIs can lead to prolonged hospital stays, increased healthcare costs, and even death, but implementing effective IPC measures can significantly reduce these r

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How HIV prevention stays out of reach for many

Fierce Healthcare

In the last 30 years, HIV rates have gone down, in large part because of the game-changing prescription drug pre-exposure prophylaxis (PrEP), which reduces the risk of contracting HIV through | This week on "Podnosis," reporters discuss HIV’s impact in the South, inequitable access to PrEP and share stories from affected patients.

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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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Babyscripts, Lyft to Provide Free Rides to Maternity Care Appts

HIT Consultant

What You Should Know: – Babyscripts , a virtual maternity care provider, has partnered with Lyft to address transportation insecurity among pregnant women in Washington D.C. – This innovative collaboration provides free rides to maternity care appointments, improving access to essential care and reducing health disparities. Tackling Maternity Care Deserts Washington D.C. faces significant challenges in maternal health, with high rates of maternal mortality and limited access to care.

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FTC increases premerger notification requirements despite pushback from providers

Fierce Healthcare

The Federal Trade Commission finalized changes to a rule that will require healthcare companies to provide more information to regulators ahead of merger and acquisition deals. | The Federal Trade Commission finalized changes to a rule that will require healthcare companies to provide more information to regulators ahead of merger and acquisition deals.

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Walgreens To Close 1,200 Stores, ‘Reorient’ Business Away From Health Care Services

Home Health Care

Just a few years after it decided to go all in on health care services, Walgreens Boots Alliance (Nasdaq: WBA) is largely returning to its roots. It also plans to close as many as 1,200 retail stores in the next three years amid a financial downturn. On a Tuesday earnings call, Walgreens CEO Tim Wenworth – who took over as the company’s chief leader in October of last year – said the company would be “reorienting” its business to focus on retail pharmacy.

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Adult hospital websites missing important information for LGBTQ+ patients, JAMA study finds

Fierce Healthcare

LGBTQ+ people often face worse | Larger hospitals, for-profit hospitals and hospitals with web pages within a broader health system website were more likely to display LGBTQ+ information, as were pediatric hospitals.

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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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Emteq Labs Unveils World’s First Emotion-Sensing Eyewear for Health and Beyond

HIT Consultant

What You Should Know: – Emteq Labs , a pioneer in emotion-recognition wearable technology , has announced the upcoming launch of Sense, groundbreaking eyewear that can detect and analyze emotions in real-time. – The company also announced the appointment of Steen Strand, former head of Snap Inc.’s hardware division, as CEO. Sense: A New Era of Emotion-Aware Technology Sense is the culmination of a decade of research and development by Emteq Labs, led by renowned surgeon and fac

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Facing Headwinds, UnitedHealth Group Remains Focused On Value-Based Care

Home Health Care

The Centers for Medicare & Medicaid Services’ (CMS) Medicare rate cuts, state-driven Medicaid member redeterminations and the Change Healthcare cyberattack. These are just three disruptions that UnitedHealth Group’s (NYSE: UNH) leadership has had to factor in when setting future growth objectives. “It’s a distinctive part of the culture of UnitedHealth Group that we continue to strive to deliver on our financial commitments to you through changing environments and unforeseen challenges,” Uni

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Myriad Genetics, Flatiron Health Integrates Genetic Testing into OncoEMR

HIT Consultant

What You Should Know: – Myriad Genetics, a leader in genetic testing and precision medicine, has announced a collaboration with Flatiron Health , a healthcare technology company focused on oncology solutions, to integrate Myriad’s MyRisk® Hereditary Cancer Test into Flatiron’s OncoEMR® platform. – This integration will streamline the process of ordering and reviewing genetic testing results for clinicians within Flatiron’s network of community-based cancer care prov

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Caribou Becomes National Preferred Right at Home Partner for Rewards and Recognition

Home Health Care

This article is sponsored by Caribou Rewards. Caribou Rewards, a rewards and engagement application built to elevate care agencies to world-class employer status, has announced its official partnership with Right at Home, becoming the national in-home care provider’s preferred rewards and recognition partner for their 433 locations throughout the United States.

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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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How AI is Transforming Hospitals: From Administration to Patient Access

HIT Consultant

Bishan Nandy, Director of Hospital Administration at UI Health Artificial Intelligence (AI) is often hailed as the frontier of technological advancement, and its impact on healthcare is profound. As a relatively young discipline straddling the line between computer science and sophisticated analytics, AI is increasingly becoming integral to hospital operations.

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Designing for Health: Interview with Bryan Vartabedian, MD [Podcast]

Nordic

The modern patient experience is more complex than ever, and while health systems focus on measurable metrics like satisfaction scores, the true patient experience involves much more. Creating memorable and personalized touchpoints with patients, especially within cost constraints, is a growing challenge for healthcare leaders. The reduction of physician agency, driven by the industrialization of healthcare, has played a significant role in both physician and patient dissatisfaction.

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How AI-Powered Ambient Listening Is Transforming Clinical Documentation

HIT Consultant

Organizational healthcare systems worldwide face a pressing issue: the pervasive burnout experienced by clinicians. From relentless work hours to overwhelming administrative tasks, the myriad pressures of the profession take a toll on their well-being. Among the chief contributing factors to this epidemic is the burden of documentation and paperwork, a relentless demand that drains clinician energy and detracts from patient care.

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The Smart Home for Health, Brought to You by Samsung and Ashley

Health Populi

Today I am keynoting the OSF Digital Health Symposium in Peoria, IL, discussing The State(s) of Digital Health. A double-entendre intended, one of the states I’ll be discussing is the migration of acute care back to peoples’ homes, embedded with sensors, householders donning smart rings, and rooms fitted with Internet-of-Things for health and well-being.

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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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MDisrupt Secures $1M from American Heart Association Ventures to Expand AI-Powered Expert Marketplace

HIT Consultant

What You Should Know: – MDisrupt , a leading expert marketplace for the health tech and life sciences industries, has announced a significant milestone with a $1M investment from American Heart Association Ventures. – The strategic partnership will support the expansion of MDisrupt’s AI-powered platform, connecting healthcare companies with vetted experts to accelerate innovation and improve patient outcomes.

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How to Build an Inclusive Mental Health Practice

Icanotes

How to Build an Inclusive Mental Health Practice An inclusive mental health practice is committed to providing accessible, affirming, safe, and equitable mental health care to as many different kinds of clients as possible. This means going out of our way to consider those who have traditionally been excluded from or inadvertently harmed by care due to therapeutic barriers like identity-based discrimination, finances, geography, time, physical space, and rigid therapeutic frames.

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Alchemy Secures $31M to Expand In-House Pharmacy Programs for Underserved HIV Communities

HIT Consultant

What You Should Know: – Alchemy , a healthcare company focused on improving access to medications for underserved populations secures $31M in seed funding. – The investment was led by Andreessen Horowitz (a16z) Bio + Health , with participation from Earvin “Magic” Johnson, Sandberg Bernthal Venture Partners , Banc of California , and other investors.

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News 10/16/24

HIStalk

Top News Walgreens Boots Alliance reports Q4 results: revenue up.

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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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Parakeet Health Launches With $3M for GenAI Voice Platform to Enhance Patient Engagement

HIT Consultant

Parakeet’s founding team Co-founder and CEO Jung Park, Co-founder Eric Mao, and CTO Aaron Lee What You Should Know: – Parakeet Health , a generative AI company focused on revolutionizing patient engagement, has announced the launch of its AI-powered voice platform and has secured $3M in seed funding to fuel its growth and development. – This innovative solution aims to streamline patient communication for healthcare providers, improving efficiency, reducing costs, and enhancing the

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FTC erects additional administrative barriers to hospital mergers

Healthcare ECONOMIST

Last week, the Federal Trade Commission (FTC) increased their required premerger reporting requirements for any healthcare providers such as hospitals. Healthcare Dive reports : Thursday’s update marks the first time the FTC has revised its Hart-Scott-Rodino Act premerger notification form in nearly 50 years. The law is intended to alert officials of companies’ intent to merge and offer them a short window to determine whether to conduct a more extensive antitrust review.

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Introducing Spark AI: Luma Health’s Generative AI for Healthcare Automation

HIT Consultant

What You Should Know: – Today, Luma Health announces the release of its new AI, named Spark, and the first two new AI-powered products in its industry-leading Patient Success Platform™. – Spark uses multi-model generative AI to address some of the most common operational challenges for health systems, including high call volume and manual fax processing, which create delays in care and require up-staffing expensive call centers.

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Morning Headlines 10/16/24

HIStalk

Walgreens Boots Alliance Reports Fiscal Year 2024 Earnings Walgreens announces.

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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.