Thu.Jun 27, 2024

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Walgreens to reduce stake in VillageMD, close stores

Health Care Dive

Walgreens is refocusing on pharmacy operations after failing to make inroads in healthcare services. The company will sell its majority stake in VillageMD and is no longer looking to invest in medical offices, executives said.

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JPMorgan: How health insurance premiums are impacting small businesses

Fierce Healthcare

Health insurance premiums are putting major pressure on small businesses, according to a new analysis from the JPMorganChase Institute. | Health insurance premiums are putting major pressure on small businesses, according to a new analysis from the JPMorganChase Institute.

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Despite clinic closures, Walmart can still be a healthcare destination

Health Care Dive

A managing director at a global strategy firm makes the case for Walmart to continue pursuing healthcare customers through maximizing access to nutritious food.

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Rural, independent Minnesota hospitals launch clinically integrated network

Fierce Healthcare

Nineteen rural Minnesota hospitals and their 50-plus clinics have banded together to form a clinically integrated network (CIN) serving more than 750,000 people. | Headwaters High-Value Network aligns 19 independent hospitals for greater care coordination, cost savings and other efficiencies of scale.

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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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Digital health funding continues to stabilize in Q1: PitchBook

Health Care Dive

Startups raised $1.1 billion across 77 deals in the first quarter — far lower than pandemic-era highs, but consistent with recent quarters.

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Walgreens slashes profit guidance with plans to close more pharmacy stores, cut stake in VillageMD

Fierce Healthcare

Walgreens stock fell 24% Thursday morning as the drugstore chain slashed its profit outlook for 2024 amid a "challenging" environment for its pharmacy operations. | Walgreens is plotting a financial turnaround that includes closing a "significant portion" of underperforming retail pharmacy stores in the U.S. over the next three years.

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SCOTUS restores emergency abortions in Idaho, hands EMTALA challenge back to lower courts

Fierce Healthcare

After a brief misfire earlier this week, the Supreme Court has now officially ruled that it will lift a ban on emergency abortions in the state of Idaho while leaving the larger question of state b | Though the top court pulled back on a preliminary injunction pending appeal it granted in January, justices still appear divided on the core question of whether a federal emergency care law preempts Idaho's abortion ban.

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Xealth Launches Digital Health Benchmarking Tool, Dewey

HIT Consultant

What You Should Know: – Xealth , a leading force in scaling digital health s olutions, has unveiled Dewey, a performance-based, digital health benchmarking tool. – Incorporating more than 20 million assets and programs distributed from more than 400 hospitals to more than five million patients over seven years, Dewey calculates engagement benchmarks from nearly 1000 digital health programs. – Additionally, the platform will incorporate AI-powered features that personalize recom

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Startups and legacy cancer centers alike are moving the field forward with generative AI

Fierce Healthcare

While the buzz around generative AI continues to build, physicians at advanced cancer centers, startups and biomedical companies are seeing the potential for gen AI solutions to advance cancer rese | At the AWS Summit in Washington, D.C., startup founders and cancer care physicians discussed their early work leveraging AWS' generative AI and cloud technologies to advance cancer research.

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Improving communication with robust technology means better care. Read this to find out why

Spok Inc

How does communication technology enhance clinical communication and care team collaboration? To give you some tangible examples, our mobility solutions expert examines three clinical workflows to show how communication technology fills the gaps created by the EHR by connecting care teams and systems to deliver information quickly and securely into the hands of those who need to act on it.

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5 Essentials for Healthcare CIOs: A Provider Data Management Checklist

Complete and accurate provider data is essential for health organizations to operate effectively. A better understanding of your provider network helps to understand patients and consumers, identify gaps in care, and make the best possible decisions for your businesses. A modern provider data management solution should power a complete and accurate view of each of your providers, make this data easily accessible across functional groups, and be flexible and agile enough to scale. with your needs

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Walgreens To Reduce Physical Footprint, Continue Health Care Services Focus

Home Health Care

Following its move to decrease VillageMD’s physical footprint, Walgreens Boots Alliance Inc. (Nasdaq: WBA) seems to be doubling down on its decision. “We don’t have plans to continue to invest in brick and mortar-owned primary care practices,” Mary Langowski, the president of U.S. Healthcare, said during the company’s third-quarter earnings call on Thursday.

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Abbott Unveils FreeStyle Libre 3 Plus: World’s Smallest CGM Sensor with Future AID Compatibility

HIT Consultant

What You Should Know: – At the American Diabetes Association conference, Abbott unveiled a new addition to its FreeStyle Libre portfolio – the FreeStyle Libre 3 Plus sensor. – The sensor boasts the distinction of being the world’s smallest, thinnest, and most discreet continuous glucose monitoring (CGM) sensor available. Unmatched Design and Performance The FreeStyle Libre 3 Plus sensor offers a unique combination of user-centric features: Unmatched Discreetness: The sensor mai

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Drug shortages in the US

Healthcare ECONOMIST

The good news: drug shortages in 2023 were down in the US from their recent peak between 2010 to 2012. The bad news: Drug shortages in 2023 were the highest they have been since 2012. These findings are from an FDA Report to Congress. Of note, shortages for biologic drugs (governed by CBER) increased a lot in 2023. FDA writes that: CY 2023 has been a challenging year for shortages.

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‘Draconian’ And ‘Bewildering’: Inside The 2025 Home Health Proposed Payment Rule

Home Health Care

This article is a part of your HHCN+ Membership The Centers for Medicare & Medicaid Services’ (CMS) proposed home health payment rule, released Wednesday , included significant cuts for the third straight year. Those cuts, among other proposed changes, raise questions over the stability of the industry in the coming years. It has providers asking themselves and others the question: “Why us?

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Level up Culture & EQ | Sign up for the #CultureDrop

Once a week, culture & leadership expert Galen Emanuele gives free, actionable EQ training in 5 minutes or less. Subscribe to the #CultureDrop and access free resources & content.

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Five Reasons Why Putin Is Reshuffling His Government

The Rand Blog

Fresh off his reelection, Vladimir Putin has shuffled some senior officials in his government to bolster his rule in the years ahead. What is Putin trying to accomplish with these moves? How will they affect Russia's future?

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“Listen to Me:” Personalization in Health Care Starts With Taking Patients’ Voices Seriously – the 15th Beryl Institute-Ipsos PX Pulse Survey

Health Populi

Patients’ experience with health care in the U.S. dropped to its lowest point over the past year, explained in the 15th release of The Beryl Institute – Ipsos PX Pulse survey. The study into U.S. adult consumers’ perspectives defined “patient experience” (PX) as, “The sum of all interactions, shaped by an organization’s culture, that influence patient perceptions across the continuum of care.” The survey was fielded by Ipsos among 1,018 U.S. adults

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Integrating HIPAA Compliance Into Digital Communication: A Closer Look

HIT Consultant

Healthcare organizations have been increasingly adopting digital communication channels like email and text messaging. These channels offer convenience and flexibility for both healthcare providers and patients. When used judiciously, they can help improve the overall patient experience. However, with the growing use of digital communication comes an increased risk of data breaches.

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Interview with FibroBiologics CEO Pete O’Heeron

Health Business Group

Listen in to this informative episode with Pete O'Heeron , CEO of FibroBiologics , as we explore his journey from a small, innovative town to the forefront of healthcare innovation. Pete shares how his upbringing in a medically inclined family and a community rich with inventiveness influenced his career. Hear how Pete transitioned from pre-med to hospital administration due to unforeseen geopolitical events, ultimately finding his passion within the healthcare industry.

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A Guide to Improved Sepsis Detection & Compliance: 6 Areas You Should Address

This guide highlights key areas that your sepsis detection platform should address to minimize the impact of this leading, entirely preventable cause of in-hospital deaths, as well as how to increase compliance by 20% in 30 days. Download to learn more!

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Philips Expands Cloud-Based Imaging with IntelliSpace Radiology on AWS

HIT Consultant

What You Should Know: – Philips , a leader in health technology, announced today a significant advancement for its IntelliSpace Radiology platform. Existing customers in North America will now have the option to transition to a cloud-based version hosted on Amazon Web Services (AWS). – This strategic expansion positions Philips at the forefront of cloud-based healthcare solutions, offering improved efficiency, enhanced security, and powerful AI integration.

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News 6/28/24

HIStalk

Top News Walgreens Boots Alliance reports Q3 results: revenue up.

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VenoStent Raises $20M for Dialysis Solution, Secures $3.6M NIH Grant for U.S. Dialysis Therapeutic Clinical Trial

HIT Consultant

What You Should Know: – VenoStent, Inc., a medical device company pioneering a new approach to improve dialysis patient outcomes, announced the successful completion of its Series A funding round. The round closed at $20M, with Norwest Venture Partners contributing an additional $4M to join Good Growth Capital and IAG Capital Partners as co-leads. – VenoStent also welcomes Dr.

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Women Can't Build Secure Futures Without Financial Literacy

The Rand Blog

Despite the emergence of financial feminism and greater policy attention paid to this topic, women who face the greatest challenges in securing financial independence may still face barriers to improving their financial literacy. Women would benefit from free, diverse, and accessible forms of financial education.

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The New Tech Experience: Innovation, Optimization, and Collaboration

Speaker: Paul Weald, Contact Center Innovator

Learn how to streamline productivity and efficiency across your organization with machine learning and artificial intelligence! No matter what industry you're in - healthcare, customer service, sales, and more - it’s easier than you think to reduce wait times, monitor sentiment, and provide enhanced self-service options for all of your users. This means that you can achieve a more consistent and engaging customer experience while reducing sources of friction.

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EPtalk by Dr. Jayne 6/27/24

HIStalk

From Jaded CMIO: “Re your recent comments about the Medication.

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Arcadia Acquires CareJourney to Enable High-Performing Networks

HIT Consultant

What You Should Know: – Arcadia has acquired CareJourney® , a leading provider of clinically relevant healthcare data and AI-powered insights. – The deal strengthens Arcadia’s position as a trusted partner for leading healthcare brands like Southwestern Health Resources, Tandigm, Castell, Rush Health, and Beth Israel Lahey Health. – With the acquisition, Arcadia’s customer portfolio grows to nearly 200, encompassing providers, payers, government agencies, and life s

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Morning Headlines 6/28/24

HIStalk

Walgreens Boots Alliance Reports Fiscal 2024 Third Quarter Results Walgreens.

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Lawmakers seek balance between lower prescription drug prices, drug innovation incentives

Fierce Healthcare

Leading health legislators say they are focused on reducing prescription drug prices while minimizing unintended consequences of the Inflation Reduction Act (IRA). | Republicans and Democrats agree drug prices must be reduced but disagree on the best solution to ensure drug innovation stays robust.

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Strategies to Deal with Collaborative Healthcare Communication

Speaker: Dr. Ugo Uwaoma, MD, MBA

Due to the impact of COVID-19, integrating telehealth software into practices and organizations has become the new normal. In turn, this has increased the effectiveness of collaborative healthcare by strengthening communication amongst healthcare workers and helping combat the woes of burnout. Communication between patients and healthcare providers has also improved, allowing patients to reach their providers easily and decreasing turnaround time.