Tue.Oct 01, 2024

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Wyden, Brown urge FTC to investigate PBM 'co-manufacturing' arrangements

Fierce Healthcare

Two key senators are urging the Federal Trade Commission to investigate "co-manufacturing" arrangements that they fear pharmacy benefit managers may be using to stymie competition. | Two key senators are urging the Federal Trade Commission to investigate "co-manufacturing" arrangements that they fear pharmacy benefit managers may be using to stymie competition.

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CVS to lay off 2,900 employees amid reports of strategic review

Health Care Dive

CVS is cutting 1% of its workforce as the healthcare behemoth pursues a massive cost-cutting plan — and considers a potential breakup of its businesses, according to reports.

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Rippl announces $23M series A to expand virtual dementia care

Fierce Healthcare

Rippl, a virtual dementia care company, secured $23 million in series A funding to expand its services to patients in more states. | Rippl, a virtual dementia care startup, plans to use its series A funding to expand into new states, build out its value-based contracts and participate in CMS' GUIDE program.

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Two-thirds of healthcare organizations hit by ransomware in past year: survey

Health Care Dive

Nearly 40% of healthcare organizations reported it took more than a month to recover after an attack, according to the survey by cybersecurity firm Sophos.

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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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New analysis points to troubling trends as U.S. healthcare costs rise, but health outcomes worsen

Fierce Healthcare

A new analysis points to troubling trends in the U.S. healthcare market as costs continue to rise but health outcomes are declining. | "The inputs of the U.S. healthcare system, as measured by cost, exceed the outputs, as measured by the actual value or benefits received by Americans," Sanjula Jain, Ph.D., Trilliant Health's chief research officer, said.

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At-home hospital care popular with patients and clinicians, but data backing quality, costs are limited, CMS finds

Fierce Healthcare

Hospital programs providing at-home acute care are widely appreciated by patients and clinicians but still don’t have a bulletproof argument in respect to quality and costs as compared to a brick-a | A new 79-page government report on the soon-to-expire Acute Hospital Care at Home initiative outlines both clear-cut and muted wins for advocates.

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Top healthcare conferences to plan for in 2025

Health Care Dive

Covering topics from digital health to financial management, these are some of the notable events and dates for executives at hospital systems, payers and technology firms to watch.

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The biggest opportunities for healthcare AI and the hurdles that stand in the way: Bessemer report

Fierce Healthcare

Bessemer Venture Partners released a new report that identifie | Bessemer Venture Partners has released a new road map outlining opportunities for artificial intelligence in healthcare. The VC firm also lists its six investing criteria for AI.

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Addressing 'techquity' at Children's National Hospital

Healthcare It News

With more than two decades of telemedicine experience and research, the Washington, D.C.-based Children's National Hospital Telemedicine team identified a disparity in access to the internet and digital tools that disproportionately affects low-income and rural communities, causing a digital divide. THE PROBLEM Many of these families lack reliable, unlimited internet access or the necessary devices to engage in telemedicine services, which has become a valuable mode of care delivery, especia

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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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Orlando Health closes $910M purchase of 5 Tenet Healthcare hospitals

Fierce Healthcare

Orlando Health has wrapped up its purchase of five Birmingham, Alabama-area hospitals’ majority ownership stakes from Tenet Healthcare, the systems announced Tuesday morning. | Brookwood Baptist Health is a Birmingham, Alabama-area joint venture with Baptist Health System, which remains a partner after Orlando Health's majority share purchase.

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J&J drops 340B rebate plan following government pressure

Health Care Dive

Threatened with steep sanctions and loss of its agreement with Medicare and Medicaid, Johnson & Johnson is rolling back a plan to give hospitals after-the-fact rebates for drugs in the 340B drug discount program.

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Former VA Secretary Shulkin on the future of health policy

Fierce Healthcare

With just a month left until the Nov. 5 presidential election, Fierce Healthcare's Heather Landi spoke with David Shulkin, M.D., to gain his insights on the future of healthcare policy. | This week on "Podnosis," Fierce Healthcare's Heather Landi chats with former VA Secretary David Shulkin, M.D., to gain his insights on the future of healthcare policy.

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CMS Report Shows Hospital-At-Home Care Increases Recovery, While Decreasing Costs And Readmissions

Home Health Care

This week, the Centers for Medicare & Medicaid Services (CMS) published a report on a study of its Acute Hospital Care at Home (AHCAH) program. This program permits specific Medicare-certified hospitals to provide inpatient-level care to patients in their homes. The report outlines the study’s results and discusses potential future considerations and limitations.

Home Care 101
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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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Exclusive: Medicaid insurers can do more to improve maternal health access, HHS report says

Fierce Healthcare

States are missing opportunities to require Medicaid managed care organizations (MCOs) to improve maternal health access, a new report from the Department of Health and Human Services Office of Ins | With the country facing a maternal health crisis, HHS OIG's latest report argues states could be doing more to ensure Medicaid managed care organizations improve access and coverage to individuals.

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Epic Declines to Appeal Carequality Resolution in Dispute with Particle Health

HIT Consultant

What You Should Know: – In an ongoing dispute over patient data privacy, Epic Systems has announced it will not appeal the Carequality Steering Committee’s resolution, urging Particle Health to do the same and allow for the immediate release of the full resolution document. Background of the Dispute The dispute arose earlier this year when Epic, acting on behalf of its customer governing council, filed a complaint with Carequality against Particle Health.

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Healthcare Dealmakers—Cardinal Health's $1.1B oncology purchase, Fabric's virtual care buy and more

Fierce Healthcare

Healthcare mergers and acquisitions are in no short supply as providers, health tech companies, retailers and other industry players look to expand their businesses and gain a competitive edge. | Elevance's acquisition of Indiana University Health Plans, Henry Ford Health and Ascension's joint venture close and more news from September.

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HHCN FUTURE: Virtual Health – Maximizing Clinician Capacity and Improving Patient Outcomes

Home Health Care

This article is sponsored by CareXM. This article is based on a discussion with Mark Salley, VP of Innovations and Rehab Solutions ElaraCaring and Ellen Kuebrich, Chief Growth Officer at CareXM. This discussion took place on August 22, 2024 during the HHCN FUTURE Conference. The article below has been edited for length and clarity. Home Health Care News: Today we have Mark Salley from ElaraCaring, one of the nation’s largest providers of home-based care.

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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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The AI Playbook: What Other Sectors Can Learn from the Creative Industry's Fight Against AI

The Rand Blog

The 2023 Writer's Guild of America strike and contract offers a potentially important case study for how AI can be navigated by workers and industry leaders, even before any threat to jobs is imminent.

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Designing for Health: Interview with Zeev Neuwirth, MD [Podcast]

Nordic

Artificial intelligence and other digital health technologies present enormous opportunities to transform healthcare delivery. They can lessen the load of menial day-to-day tasks, such as visit coding and charting, but also have the capability to tap into more advanced areas of care, freeing up time and allowing clinicians to focus more on patients’ holistic needs.

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Surescripts Secures Investment from TPG for Acclerated Growth

HIT Consultant

What You Should Know: – Surescripts , the nation’s leading health information network, announced today that TPG Capital , the U.S. and European private equity platform of global alternative asset firm TPG, will become a majority investor. – This strategic partnership with TPG will enable Surescripts to expand its impact and accelerate the development of innovative solutions that address critical healthcare needs.

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Improving Postpartum Care Through Health System and Community Partnerships

GoMoHealth

Postpartum care is essential for both mother and child, yet many regions, particularly rural and low-resource areas, suffer from significant shortages of healthcare providers and facilities impacting access and outcomes for these often most vulnerable populations. This leads to inconsistent, low-quality maternal care, contributing to around 290,000 maternal deaths each year.

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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.

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WakeMed Taps Helix to Launch Precision Medicine Program

HIT Consultant

What You Should Know: – Helix , a leader in precision health, and WakeMed , a renowned not-for-profit health system in Raleigh, N.C., are joining forces to launch a large-scale precision medicine program in Wake County. – The precision medicine initiative aims to improve health outcomes for residents by providing access to personalized genetic insights, enhancing disease prevention efforts, and supporting local health research.

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The Rise and Promise of Technology in Home Health

Health Recovery

The integration of technology in home healthcare has transformed care delivery, presenting promising solutions to major healthcare challenges. Consequently, it is unsurprising that 99% of U.S. Health System leaders see digital transformation as a crucial investment for advancing health care within their communities. As we progress through the digital era, it's evident that technology is not merely an enhancement but an essential part of contemporary healthcare.

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Sheba Medical Center & Mana.bio Partner to Advance AI-Driven RNA Delivery for Cancer & Autoimmune Therapies

HIT Consultant

What You Should Know: – Sheba Medical Center , a leading Israeli hospital renowned for its medical innovation, and its innovation arm, ARC Innovation , have announced a collaborative research agreement with Mana.bio. – The partnership aims to leverage Mana.bio’s AI-powered programmable RNA delivery platform to overcome technological hurdles in RNA therapeutics, paving the way for enhanced treatments for cancer and autoimmune diseases.

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News 10/2/24

HIStalk

Top News Private equity firm Accel KKR acquires VisiQuate, which.

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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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Nym Raises $47M to Expand Autonomous Medical Coding Engine

HIT Consultant

What You Should Know: – Nym , a leader in autonomous medical coding, today announced a $47 million growth investment led by PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies. – The new funding includes participation from existing investors Google Ventures , Addition , and Dynamic Loop Capital.

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Morning Headlines 10/2/24

HIStalk

VisiQuate Joins Forces with Accel-KKR to Propel Growth and Innovation.

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Frontier Bio’s Lab-Grown Lungs Offers Hope for Drug Development

HIT Consultant

What You Should Know: – Frontier Bio Corporation has successfully created complex microscale lung tissue by combining 3D bioprinting with the self-assembling capabilities of stem cells, mirroring the natural organ development process. – Frontier Bio’s breakthrough in lab-grown lung tissue signifies a potential turning point in the fight against respiratory diseases and the quest for viable organ transplantation options.