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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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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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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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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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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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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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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AI is transforming patient engagement and experience

Healthcare It News

Large language models are "enabling a new level of patient empowerment" by helping people understand clinical notes, navigate insurance claims and much more, says Dr. Chethan Sarabu, AI and informatics strategist at OpenNotes.

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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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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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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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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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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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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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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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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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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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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.

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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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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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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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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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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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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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Amid Ongoing Controversy In New York, Public Partnerships Is Awarded CDPAP Contract

Home Health Care

Public Partnerships LLC (PPL) — an Alpharetta, Georgia-based financial management services company — has been awarded the fiscal intermediary contract in New York. PPL will take over as the sole administrator of the state’s Consumer Directed Personal Assistance Program (CDPAP). “We are excited to have the opportunity to serve CDPAP consumers and personal assistants,” Maria Perrin, chief growth and strategy officer at PPL, told Home Health Care News.

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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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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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HHCN FUTURE- Hacking Turnover: New Strategies to Address Caregiver Engagement and Retention

Home Health Care

This article is sponsored by Ava. This article is based on a discussion with Victor Hunt, CEO at Ava, Kunu Kaushal, CEO at Senior Solutions, and Michael Slupecki, Chief Executive Officer at Griswold Home Care. 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: Every year we hear that turnover in home care is a major challenge.

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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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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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News 10/2/24

HIStalk

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

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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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StrataPT Secures $25M to Expand Billing-Aware Platform for PT Practices

HIT Consultant

What You Should Know: – StrataPT , the only billing-aware practice management platform for outpatient therapy clinics, is announcing it has secured $25M in financing led by Council Capital. – The funding comes as StrataPT experiences explosive growth led by demand for its SaaS-based platform that combines Electronic Medical Records (EMR), Revenue Cycle Management (RCM), billing, and collections into a single solution that helps practitioners improve cash flow and focus on patient c

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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.