Wed.Jan 17, 2024

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General Catalyst's new health system company to acquire Summa Health

Fierce Healthcare

Venture capital firm General Catalyst is making good on its October promise to purchase a health system with about eight months left to spare. | The venture capital firm's deal would make the Ohio nonprofit a wholly owned subsidiary of the recently launched Health Assurance Transformation Corp. The deal still requires regulatory approval.

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CMS finalizes rule tightening prior authorization turnaround for insurers

Health Care Dive

Payers have new deadlines to issue prior authorization decisions — 72 hours for urgent requests and seven days for non-urgent ones — that should cut back coverage determination limbo for patients.

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13 health systems collaborate with high schools in $250M initiative to boost healthcare workforce

Fierce Healthcare

As the U.S. | The new program from Bloomberg Philanthropies and major systems like Mass General Brigham, HCA Healthcare and Northwell Health will build new or refurbish existing high schools in 10 urban and rural communities.

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Rising health insurance premiums linked to wage stagnation, study finds

Health Care Dive

Families with employer-sponsored plans missed out on an average of more than $125,000 in earnings over more than three decades as premiums increased, according to a study published in JAMA Network Open.

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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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Parent-led autism therapy provider Forta clinches $55M to expand practice, AI research

Fierce Healthcare

Forta, a family-powered autism therapy startup, has raised $55 million in a series A round. | Forta is trying to fill the gap in accessible therapy services for autism by training parents to become behavior technicians to treat their own kids.

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General Catalyst to acquire Ohio nonprofit Summa Health

Health Care Dive

The venture firm is following through on its promise to acquire a health system to use as a testing ground, though the deal with Summa is in very early stages.

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Innovaccer acquires Cured

Healthcare It News

Innovaccer announced Wednesday that it purchased a 100% stake in Cured, adding more than 20 health systems and digital health clients to its portfolio. WHY IT MATTERS As part of the acquisition Cured’s three co-founders – Andrew Sawyer, Ashmer Aslam and Rohit Narayan – will assume leadership roles within Innovaccer. Innovaccer was looking to enhance its focus on improving patient experiences and move from encounter-based care to experience-driven care, said Abhinav Shashank, co

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Blue Cross NC closes purchase of 55 FastMed urgent care centers in state

Fierce Healthcare

Blue Cross and Blue Shield of North Carolina has closed a deal to scoop up 55 FastMed urgent care clinics operating in the Tarheel State. | Blue Cross and Blue Shield of North Carolina has closed a deal to scoop up 55 FastMed urgent care clinics operating in the Tarheel State.

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AI implementation advice for providers from a pro

Healthcare It News

How can providers and payers use AI and machine learning in value-based care and preventative care to forecast the onset of health conditions and alter patient behavior? Ionian Healthcare Consulting’s founder and consultant Matt Cybulsky has some answers.

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Allina Health doctors unionize over health system’s objections

Health Care Dive

The certification is the latest win for doctors' unions, as momentum picks up in physician organizing.

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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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Cigna expands the role of two top execs

Fierce Healthcare

Two top leaders at Cigna will be taking on expanded roles with the company. | Two top leaders at Cigna will be taking on expanded roles with the company.

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Healthcare facilities managers must adapt to outpatient focus, AI integration: JLL

Health Care Dive

Optimizing real estate portfolios and tackling workforce challenges are other priorities, according to the firm’s 2024 healthcare sector outlook.

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Are Ontarians suffering from outrage fatigue?

Healthy Debate

The provincial government's actions make it clear that they plan to move towards health-care privatization. Why aren't we angrier about it?

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98point6 buys asynchronous telehealth company Bright.md’s remaining assets

Health Care Dive

The acquisition comes months after Bright.md’s technology was purchased by Cigna’s Evernorth segment.

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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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Epicore Biosystems Scores Investment to Scale AI-Powered Hydration Wearables in Asia

HIT Consultant

What You Should Know: Epicore Biosystems a digital health solutions company developing advanced sweat-sensing wearables to provide real-time personalized hydration insights for performance and safety, today announced that it has received investment from Pegasus Technology Ventures , a global venture capital firm based in Silicon Valley, and Denka Company Limited, a Japan-based multinational technology and materials company.

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Cigna CFO takes on expanded role as head of benefits division

Health Care Dive

Brian Evanko will serve as president and CEO of the Cigna Healthcare insurance division in addition to his position as chief financial officer.

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MEMIC Taps CLARA Analytics for AI-Powered Claims Management

HIT Consultant

What You Should Know: – Maine Employers’ Mutual Insurance Company (MEMIC), a leader in workers’ compensation insurance, is harnessing the power of artificial intelligence (AI) to revolutionize claims management. – MEMIC announced its partnership with CLARA Analytics, a provider of AI solutions for the insurance industry, to implement CLARA Optics, a cutting-edge platform that promises to streamline workflows, improve medical outcomes, and empower adjusters and nurse case managers (NC

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The Search for a High Seas Solution

The Rand Blog

While Western military action against the Houthis has increased, the Red Sea crisis is sailing through opaque waters. Short-term military action might help with the immediate crisis, but shipping routes will remain vulnerable unless the world recognizes its exposure to threats and cooperates to defend them.

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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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Biofourmis Launches In-Home Service Ecosystem to Transform Care Delivery

HIT Consultant

What You Should Know: – Biofourmis , a global innovator in technology-enabled care delivery, today announced a groundbreaking move: the launch of its in-home service ecosystem. – The platform empowers healthcare providers and biopharma companies to seamlessly integrate a diverse range of in-home services into their care programs, bringing essential care directly to patients and optimizing efficiency for clinicians.

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Deep Learning Tool May Help Detect Pediatric Rheumatic Heart Disease

Health IT Analytics

A new deep learning model can detect rheumatic heart disease in children with high accuracy, which could improve screening in areas lacking cardiologists.

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Eleanor Health Appointed William McKinney as CEO

HIT Consultant

William McKinney, CEO at Eleanor Health What You Should Know: – Eleanor Health , a pioneer in personalized addiction and mental health care delivery, has announced the appointment of William McKinney as its new Chief Executive Officer, effective January 9, 2024. – McKinney brings a wealth of experience in leading healthcare organizations and navigating complex markets, ideally positioning him to guide Eleanor’s mission of transforming addiction treatment with a holistic, value-

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ISPOR’s Top 10 HEOR Trends

Healthcare ECONOMIST

These trends are summarized on their webpage and in a larger report. Here they are with some key excerpts from their report: Real world Evidence. “As RWE continues to gain significant traction in healthcare, agencies including the United States Food and Drug Administration (FDA), the European Medicines Agency (EMA), The National Institute for Health and Care Excellence (NICE), and Canada’s Drug and Health Technology Agency (CADTH) have recently released guidance on different aspects of RWE

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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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Fitbit and Quest Diagnostics Launches Wearables for Metabolic Health Pilot Study

HIT Consultant

What You Should Know: – Fitbit , the leader in wearable technology, and Quest Diagnostics (NYSE: DGX), a provider of diagnostic information services, announced the launch of the Wearables for Metabolic Health (WEAR-ME) pilot study. – This pilot study will explore the potential of wearable devices to revolutionize how we assess and manage metabolic health, a key factor in preventing chronic diseases like diabetes and heart disease.

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Top Home Health Trends For 2024

Home Health Care

This article is a part of your HHCN+ Membership In 2023, the decreasing influence of COVID-19 did not mitigate the overall operating pressures home health providers were forced to face. In the new year, there still remains plenty of opportunity, but much to work through to tap into that opportunity. More proposed rate cuts to home health reimbursement are expected from the Centers for Medicare & Medicaid Services (CMS).

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Healthcare AI News 1/17/24

HIStalk

News Nvidia founder and CEO Jensen Huang tells attendees of.

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BrightSpring Health Services Officially Announces IPO, Eyes $3 Billion Valuation

Home Health Care

Two weeks after BrightSpring Health Services Inc. filed plans for an initial public offering (IPO), the company officially announced the move Wednesday. The company could be valued at up to $3.1 billion. For context, the home health provider Amedisys Inc. (Nasdaq: AMED) was valued at about $3.3 billion when UnitedHealth Group’s (NYSE: UNH) agreed to acquire it earlier this year.

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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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Fathom’s AI Coding Solution Lands on Google Cloud Marketplace, Supercharging Healthcare Revenue Cycle

HIT Consultant

What You Should Know: – Fathom , the leader in AI-powered medical coding automation, has announced its groundbreaking solution will be available on Google Cloud Marketplace starting in Q1 2024. – This strategic partnership brings together two industry giants, offering healthcare organizations a powerful one-stop shop for streamlining revenue cycle management and claiming the benefits of cutting-edge technology.

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Traditions Health Adds Handful Of Home Health Veterans To Leadership Team

Home Health Care

Traditions Health has added five new names to its leadership team, many of which are home health veterans from companies such as Enhabit Inc. (NYSE: EHAB) and Alternate Solutions Health Network. The Nashville-based Traditions offers home health, hospice and palliative care services to more than 25,000 patients a year across more than 130 locations in 18 states.

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New Zealand's New PM Isn't Going Back to Old Ways on China

The Rand Blog

Much is still unknown about the details of the new New Zealand government's foreign and security policy approach, and much remains subject to change. The early indications, however, point to a New Zealand planning to deepen alignment with like-minded partners, not just to address China, but probably in regard to other challenges as well.

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PointClickCare Acquires American HealthTech, Expands Senior Care Reach

HIT Consultant

What You Should Know: – PointClickCare , a healthcare technology platform for senior care, has announced the acquisition of American HealthTech (AHT), a prominent provider of electronic health records (EHR) and related services for the post-acute care market. Financial details of the acquisition were not disclosed. – The strategic move strengthens PointClickCare’s position as a comprehensive care continuum solution and marks a significant step forward in their vision of transfo

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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.