Tue.Dec 05, 2023

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Tough labor market holds Fitch's nonprofit hospital outlook at 'deteriorating'

Fierce Healthcare

Nonprofit hospitals will continue to operate under a cloud of labor supply shortages and “pressured” margins into 2024, setting the coming 12 months up as another “make or break year” for the secto | Fitch Ratings' pessimistic 2024 outlook highlighted labor shortages, an uptick in union activity and potential second year of debt service covenant violations.

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CMS says states could lose funding over Medicaid redeterminations issues

Health Care Dive

The interim final rule, which is set to go into effect Wednesday, comes as nearly 11.8 million people have been removed from the safety-net insurance.

Medicaid 306
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Adventist, Blue Shield of California contract talks fail

Fierce Healthcare

Blue Shield of California members will no longer be covered across 17 Adventist Health hospitals, the hospital system recently announced. | Blue Shield of California and Adventist Health were unable to reach a new contract agreement, leaving members without coverage since Dec. 1. The hospital system says they remain open to future discussions.

Hospitals 310
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Epic integrates Qualtrics patients' experience data

Healthcare It News

To better support personalized care, Qualtrics patient experience data will be integrated with Epic to flag potential problems or concerns for patients. WHY IT MATTERS Qualtrics said in its announcement Tuesday that the new integration with Epic adds a layer of understanding about patient healthcare journeys to help create better patient experiences and provider relationships.

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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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CVS Health revamps pharmacy reimbursement model amid scrutiny on high drug prices

Fierce Healthcare

CVS Health is overhauling the way it reimburses its pharmacies for prescription medications as the healthcare industry faces increased scrutiny for high drug prices. | CVS Health is overhauling the way it reimburses its pharmacies for prescription medications as the healthcare industry faces increased scrutiny on high drug prices.

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CVS overhauls how its retail pharmacies charge for prescription drugs

Health Care Dive

Under the new model, CVS’ pharmacy network will price drugs based on the amount the company paid for them, plus a defined markup and additional pharmacist fee.

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Nonprofits’ 2024 outlook still ‘deteriorating,’ Fitch says

Health Care Dive

Next year will be another “make or break” year for the nonprofit sector, with success determined by hospitals' labor agenda.

Hospitals 289
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Trinity Health credits cost-cutting for trimmed $58.6M operating loss in fiscal 2024's opening quarter

Fierce Healthcare

Higher volumes and cost-cutting programs allowed Livonia, Michigan-based Trinity Health to trim its operating losses in the first quarter of its 2024 fiscal year. | The large Catholic nonprofit continues to target labor cost drivers with investments in a virtual care model and internal staffing.

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BrainChild Bio spins out of Seattle Children’s to develop cancer drugs

Health Care Dive

The company plans to develop CAR-T cell therapies to treat pediatric brain tumors.

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Executive Interviews at Fierce Health Payer Summit 2023

Fierce Healthcare

Fierce Healthcare sits down with healthcare executives at Fierce Health Payer Summit 2023. | Fierce Healthcare sits down with healthcare executives at Fierce Health Payer Summit 2023. Payer leaders came together at the event to unpack the evolving landscape, providing a deep dive into the most important issues facing the industry. Watch these videos to gain insight on the key topics discussed.

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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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MIPS 2024 Reporting Calls for Equitable Scoring for Inpatient Clinicians

p3care

The MIPS 2024 policy guide contains a detailed list of new reporting policies and measures. Overall, the rule addresses every medical practice and specialty in depth. With considerable insights, the new rule was finally released, with lots of surprises for healthcare providers. Here, let’s confine our focus of discussion to hospitalists, and more precisely, inpatient clinicians.

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'Podnosis': A deep dive into the Fierce 50

Fierce Healthcare

Earlier this year, Fierce Healthcare, Fierce Pharma and Fierce Biotech recognized 50 individuals and companies that are pushing the industry forward. | Earlier this year, Fierce Healthcare, Fierce Pharma and Fierce Biotech recognized 50 individuals and companies that are pushing the industry forward. The Fierce 50 winners range from tech innovators to researchers developing novel therapies to providers on the frontlines of changing care.

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Patients Expected Profemur Artificial Hips to Last. Then They Snapped in Half.

KHN

Bradley Little, a physical education teacher in Arizona, was leading his class through a school hallway in 2017 when he collapsed. Little feared he was having a stroke. Or, in a sign of the times, that he’d been shot. He tried to stand, but his leg wouldn’t move. A student ran for help. Firefighters arrived and hoisted Little onto a gurney.

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Rethinking Big Data in 2024: How Healthcare Can Leverage Workforce Intelligence to Improve Care

HIT Consultant

Charlie Lougheed, CEO of Axuall The future of healthcare innovation over the next decade will be shaped by insights from clinician big data and AI, otherwise known as workforce intelligence. While clinical discovery is often the first thing that comes to mind, workforce data and the intelligence derived from it represent a lesser-known but equally important place in the future of medicine.

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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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Seniors Aren’t Getting Enough Financial Support To Afford Home-Based Care

Home Health Care

Though the vast majority of seniors are living in their communities, as opposed to assisted living or nursing homes, only a third of these individuals are receiving financial support or assistance from Medicaid to pay for home- and community-based services. That’s one takeaway from a recent Kaiser Family Foundation (KFF) webinar. Seniors that aren’t getting financial support or assistance from Medicaid are either paying out of pocket or relying on support from informal or family caregivers, acco

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Launching and Scaling Your RPM Program with Grants

Health Recovery

How Evara Health, a Florida-based FQHC on a mission to provide quality healthcare for all, leveraged 3 different grants to fund and expand their remote patient monitoring (RPM) program.

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The HHVBP Changes Experts Believe Home Health Providers Are ‘Overlooking’

Home Health Care

Several of the biggest changes in the U.S. Centers for Medicare & Medicaid Services’ (CMS) CY 2024 final home health rule deal with the Home Health Value-Based Purchasing (HHVBP) model. At face value, it may seem like the HHVBP process is being simplified in the way providers fill out OASIS forms. However, there’s more to it than just that. “What is true today is not what’s going to be true with the final rule,” Cindy Krafft, owner of K&K Health Care Solutions, said during a MedBri

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Qualtrics and Epic Partner for Integrated Data-Driven Experience

HIT Consultant

What You Should Know: – Qualtrics , the pioneer of experience management, and Epic , the leader in comprehensive health record (CHR) technology, have joined forces to revolutionize patient experience. – The EHR integration will seamlessly weave patients’ experience data from Qualtrics into their health information in Epic, empowering providers to deliver a more personalized and empathetic healthcare journey.

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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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CVS Leveraging Health Care Services Segment To ‘Leapfrog’ Its Peers

Home Health Care

CVS Health (NYSE: CVS) held its investor day Tuesday, which included company leaders’ ambitious plan for the future. That plan includes a synchronization of its health care delivery arm with the rest of the enterprise, and that health care delivery arm, of course, includes home-based health care. “We said we wanted to be in primary care, we wanted to be in the home, we wanted to have provider enablement capabilities,” CVS Health CEO Karen Lynch said.

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Withings Launches ScanWatch Nova: A Luxurious Health Scanner on Your Wrist

HIT Consultant

What You Should Know: – Withings , the pioneer of hybrid smartwatches, unveils its latest innovation: ScanWatch Nova. – This timepiece seamlessly blends cutting-edge health-tracking technology with exquisite diver-style aesthetics, making it the perfect companion for health-conscious individuals who appreciate luxury. A Powerful Health Scan on Your Wrist ScanWatch Nova boasts an array of health-focused features, including: On-demand medical-grade ECG: Monitor your heart rhythm for po

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Deep Learning Model Flags Non-Smokers at Increased Risk for Lung Cancer

Health IT Analytics

A new model has shown that among non-smokers, there is a 2.1 times greater risk of developing lung cancer for those in high-risk groups compared to their peers.

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Cleveland Clinic Joins AI Alliance to Advance Open Innovation and Responsible AI Development

HIT Consultant

What You Should Know: – IBM and Meta announced the launch of the AI Alliance, a newly formed group of leading organizations dedicated to fostering open innovation and open science in artificial intelligence with Cleveland Clinic as one of the over 50 Founding Members and Collaborators. – Cleveland Clinic joins IBM, Meta, and other leading organizations in the Alliance’s mission to advance responsible AI development and ensure that the benefits of AI are accessible to all.

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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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How are the stock market and quantum mechanics related?

Healthcare ECONOMIST

From a Lex Fridman interview with theoretical physicist Lisa Randall. “Stocks may not achieve a precise value until they’re traded, but that doesn’t mean we can’t approximate their worth until they change hands. Similarly, electrons might not have definite properties, but they do exist. It’s true that the electron doesn’t exist as a classical object with definite position until the position is measured.

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CVS Rebrands Health Services Segment, Launches Model for Retail Pharmacy Reimbursement

HIT Consultant

What You Should Know: – CVS Health today hosted its 2023 Investor Day, where the company outlined its strategy for driving reliable, diversified, and accelerating earnings growth while delivering superior care and value to millions of Americans. – The company emphasized its commitment to leveraging its unique combination of assets to enhance its pharmacy and health care benefits businesses, expand its integrated care delivery offerings, and achieve sustainable financial performance.

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Scarcity Is Not an Excuse to Discriminate: Age and Disability in Health Care Rationing

Bill Of Health

By Silvia Serrano Guzmán On July 4, 2023 the Constitutional Court of Colombia handed down a landmark decision on one of the most difficult dilemmas faced during the COVID-19 pandemic: the rationing of intensive care in situations of scarcity. Although the need for prioritization was a reality almost globally, many countries had no such regulation in place, which frequently led to the adoption of fragmented and discriminatory triage protocols.

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How Hospitals Can Overcome the Challenges of Diabetes Management

HIT Consultant

Jordan Messler, MD, SFHM, FACP, Chief Medical Officer at Glytec The modern-day hospital is grappling with an alarming trend. According to a new global study, the number of people with diabetes is growing at a troubling rate and is expected to double by 2050. This is generating a national conversation among health system leaders on inpatient glycemic management strategies, and whether their facilities are doing enough.

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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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Holland & Knight Health Dose: December 6, 2023

HKLaw

Holland & Knight Health Dose is an in-depth weekly dose of legislative and regulatory insights to keep stakeholders abreast of happenings in Washington, D.C., impacting the health sector.

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Laudio Launches Evidence-Based Decision-Making for Healthcare Execs & Frontline Leaders

HIT Consultant

What You Should Know: Laudio , an innovator in frontline leader solutions that drive efficiency and engagement for health systems, today announced the launch of Laudio Insights, a new source of data and perspectives uniquely focused on frontline dynamics at health systems. Laudio Insights provides evidence-based expertise on trends that directly affect frontline leaders, offering novel findings to help health systems better empower their leaders, improve system-wide operations, and retain their

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How to Build Better Physician Leaders

Medi Leadership

Despite brilliant careers as clinicians, most doctors in the U.S. have no leadership training, reports the Harvard Business Review. Additionally, they rise through the ranks uniformly, often lacking the ability to effectively coordinate teams, coach and receive feedback, communicate and display emotional intelligence, the HBR explains. Not surprisingly, there’s a tremendous need for integrating clinical experience with leadership mastery in healthcare.

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athenahealth Adds Traditional and Generative AI Capabilities to EHR Solutions

HIT Consultant

What You Should Know: – athenahealth , a leading provider of network-enabled software and services for medical groups and health systems nationwide, announced a range of new traditional and generative AI-driven capabilities across the company’s solutions. – These features, available through athenaOne®, athenahealth’s integrated, cloud-based suite of electronic health record (EHR), revenue cycle management , and patient engagement solutions, enable organizations to deliver

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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.