Wed.Oct 30, 2024

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Oracle to launch new AI-backed EHR in 2025

Health Care Dive

“This isn’t a refurbished Cerner EHR,” Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, said during the company’s health summit.

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Net profit remains elusive as Alignment Healthcare surpasses membership goals again

Fierce Healthcare

Alignment Healthcare raised membership yet again following its third-quarter earnings, but the company is still not profitable. | Alignment Healthcare recorded another quarterly net loss but increased its membership expectations.

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Humana boosts 2024 earnings guidance thanks to Medicare Advantage member retention

Health Care Dive

Despite the stronger membership, Humana doesn’t expect earnings growth next year due to significant investments the insurer plans to make to boost MA stars.

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Bipartisan legislation aims to block Medicare cuts, boost physician pay in 2025

Fierce Healthcare

Physicians and other healthcare practitioners may get a pay boost in 2025 through a bipartisan bill introduced in Congress on Tuesday. | The bill would increase the 2025 Physician Fee Schedule conversion factor by 4.73%, which would wipe out the expected 2.8% cut to the conversion factor and provide an approximately 1.9% inflationary payment increase for 2025.

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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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Rising healthcare costs could trickle down to workers: Employer survey

Health Care Dive

Employers’ biggest concern is higher drug costs, according to the National Alliance of Healthcare Purchaser Coalitions report.

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CVS is expanding its MinuteClinics into primary care. Here's why

Fierce Healthcare

In a bid to ease access challenges, CVS Health will offer in-network primary care to Aetna members in certain markets through its MinuteClinics. | In a bid to ease access challenges, CVS Health will offer in-network primary care to Aetna members in certain markets through its MinuteClinics.

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AI talk shifts from hype to 'rational exuberance,' healthcare execs say at HLTH 2024

Fierce Healthcare

At the HLTH 2024 conference in Las Vegas last week, attendees and exhibitors felt that the air had shifted around artificial intelligence. | The conversation around AI has shifted as health systems have begun to integrate operational solutions into their workflows.

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Digital Hypertension Solutions: Medication Management Shows Superior Results, PHTI Report Finds

HIT Consultant

What You Should Know: – A new independent evaluation from the Peterson Health Technology Institute (PHTI) has found that digital hypertension solutions focused on medication management deliver the most significant improvements in blood pressure control compared to other digital approaches and usual care. – The report highlights the effectiveness of digital solutions that combine connected blood pressure cuffs with virtual care teams to manage medication and dosing.

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Humana updates guidance as it beats on revenue, profit in Q3

Fierce Healthcare

Humana updated its outlook for the year thanks to a Q3 where it beat the Street on both earnings and revenue. | Humana updated its outlook for the year thanks to a Q3 where it beat the Street on both earnings and revenue.

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Artificial Intelligence (AI) in Healthcare – Today and in the Future

HIT Consultant

Bruce Lieberthal, Chief Innovation Officer at Henry Schein Artificial Intelligence (AI) is continuing to gain traction in the realm of healthcare and medicine. According to a study by the American Medical Association , 41 percent of physicians said they are both equally excited, and concerned, about the potential uses of AI in healthcare. As AI capabilities continue to grow, there are a variety of ways AI can be used in a practice.

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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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Talkspace logs $1.9M Q3 profit driven by strong growth in payer, enterprise businesses

Fierce Healthcare

Online therapy company Talkspace grew its revenue 23% in the third quarter, bringing in $47.4 million, and turned last year's net loss into a profit of $1.9 million. | Online therapy company Talkspace grew its revenue 23% in the third quarter, bringing in $47.4 million, and turned last year's net loss into a profit of $1.9 million.

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Regulation of AI in Healthcare Utilization Management and Prior Authorization Increases

HKLaw

Holland & Knight alert provides a summary of efforts to regulate the use of artificial intelligence in the healthcare setting, as well as recommendations to ensure key stakeholders remain compliant.

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Teladoc CEO emphasizes course corrections as Q3 revenue, earnings beat the Street

Fierce Healthcare

In the Q3 earnings call, Teladoc executives stressed the stability of the U.S. virtual care segment; It called BetterHelp a "company in transition.

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H1 Expands Trial Landscape Platform with UK Diversity Data and AI-Powered Site Rescue

HIT Consultant

What You Should Know: – H1 , a provider of healthcare data and analytics, has announced significant enhancements to its Trial Landscape platform. – These updates include the integration of diversity data for over 34 million patients in England and the launch of an AI-powered Site Rescue functionality, both designed to accelerate equitable clinical trials and improve research outcomes.

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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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Humana Keys In On Medicare Advantage Star Ratings, Value-Based Care Opportunities

Home Health Care

Medicare Advantage (MA) star ratings have become a hot topic for Humana Inc. (NYSE: HUM). On Oct. 18, the company filed a lawsuit against the U.S. Department of Health and Human Services (HHS) and the Centers for Medicare & Medicaid Services (CMS) over its drop in star ratings. The number of Humana MA plans rated 4-star or higher is expected to see a major decrease next year.

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Medable Partners with Google Cloud to Accelerate Clinical Trials

HIT Consultant

What You Should Know: – Medable Inc., a provider of decentralized and hybrid clinical trial solutions, is collaborating with Google Cloud to make its Digital and Decentralized Clinical Trial Platform available on the Google Cloud Marketplace. – The strategic partnership will empower life sciences companies to accelerate clinical development by leveraging Google Cloud’s cutting-edge infrastructure and AI capabilities.

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Doctors’ Recommendations Are Top Motivators for Consumers Who Buy Digital Health Devices: Trust and Health

Health Populi

Most consumers using digital health devices felt more trust in the technology when coupled with doctors’ office reviews — another lens on the importance of trust-equity between patients and physicians. This insight came out of a report on How Consumers Purchase, Use and Trust Medical Devices based on market research sponsored by Propel Software.

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Abbott’s FreeStyle Libre CGM Systems Now Cleared for Use During Imaging Procedures

HIT Consultant

What You Should Know: – Abbott announced that its FreeStyle Libre 2 and 3 continuous glucose monitoring (CGM) systems have received FDA clearance for use during common imaging procedures, including X-rays, CT scans, and MRIs. – The development makes Abbott’s systems the first and only patient-applied CGM sensors approved for use during these screenings, offering greater convenience and potential cost savings for people with diabetes.

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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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Future Leader: Danielle Armbruster, Regional Director Of Business And Development, Maxim Healthcare Services

Home Health Care

The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospice care, senior housing, skilled nursing, and behavioral health. To see this year’s Future Leaders, visit [link]. Danielle Armbruster, the regional director of business development at Maxim Healthcare Services, has been named a 2024 Future Leader by Home Health Care News.

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athenahealth Launches AI-Powered Ambient Notes for Ambulatory Practices

HIT Consultant

What You Should Know: – athenahealth , a prominent provider of network-enabled software for healthcare practices, has announced the limited release of *Ambient Notes*, an AI-driven tool integrated into the athenaOne platform, aiming to streamline clinical note documentation. – By leveraging ambient listening and generative AI, Ambient Notes seeks to reduce administrative burdens, allowing clinicians to focus more on patient care.

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Merchants of Death

Healthcare ECONOMIST

That is the clever title of r ecent American Economic Review publication by Cyrus Aghamolla, Pinar Karaca-Mandic, Xuelin Li, Richard T. Thakor. The abstract is below. This study examines the link between credit supply and hospital health outcomes. We use bank stress tests as exogenous shocks to credit access for hospitals that have lending relationships with tested banks.

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OSU-CHS and TytoCare Partner to Bring Virtual Care to Rural Oklahoma Schools

HIT Consultant

What You Should Know: – The Oklahoma State University Center for Health Sciences (OSU-CHS), operator of Oklahoma’s largest telehealth network, has partnered with virtual care company TytoCare to provide 15,000+ students across Oklahoma with virtual care. – Through this collaboration, OSU-CHS worked with TytoCare to equip 13 schools with the Pro Smart Clinic.

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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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A Clinician’s Guide to Understanding the Companioning Model of Grief

Icanotes

A Clinician's Guide to Understanding the Companioning Model of Grief Grief is a deeply personal experience, which presents uniquely, not only from one person to the next, but also from one loss to the next. This highly individualized experience requires an approach for each client that is as unique as they are, allowing the griever to lead their own grief journey, and learn in tandem with the support of a companion.

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GrayMatters Health Expands FDA-Cleared PTSD Treatment Expands to US Clinics

HIT Consultant

What You Should Know: – GrayMatters Health (GMH) , a pioneer in digital brain biomarker-based mental health treatments, is broadening patient access to its Prism for PTSD™ therapy. – As the first FDA-cleared self-neuromodulation device for post-traumatic stress disorder (PTSD), Prism for PTSD™ offers a new approach to managing this debilitating condition.

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Home-Based Care Provider Chapters Health System Expands Westward 

Home Health Care

Four nonprofit organizations have affiliated with Chapters Health System, expanding the home-based care provider into three new states. The agreement includes Hospice of East Bay and Hospice of Santa Cruz County in California, Nathan Adelson Hospice in Las Vegas, and Willamette Vital Health in Salem, Oregon. This marks Chapters Health System’s first venture into those states.

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Guardion Secures $6M to Advance Hospital Bed Hygeine and Patient Safety

HIT Consultant

What You Should Know: – Trinity Guardion , a leader in hospital bed hygiene solutions, has successfully raised $6 million, including $3.5 million in a Series B funding round. – This investment will accelerate the production and commercialization of the innovative Soteria® Bed Barrier System. Trinity Guardion’s Soteria Bed Barrier: Advancing Infection Control in Hospital Environments Founded in 2010 and headquartered in Batesville, Indiana, Trinity Guardion specializes in FDA-cleared

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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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TikTok, Tobacco, and Addiction, Oh My!

Bill Of Health

by Jessica Samuels On October 8, 13 states and the District of Columbia sued TikTok , alleging that the social media company’s algorithm is designed to “ promote excessive, compulsive, and addictive use ” in children. While each state’s complaint was filed separately in state court, the cases are coordinated around the claim that TikTok’s design is deliberately addictive, exploiting kids’ dopamine reward circuitry to reinforce their use of the platform These claims stem from a public reckoning

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Cornerstone AI Raises $5M to Accelerate AI-Powered Data Cleaning for Healthcare

HIT Consultant

What You Should Know: – Cornerstone AI, a leading provider of AI-driven data cleaning solutions for healthcare, has secured $5M in funding led by Acrew Capital , with participation from existing investors Initiate Ventures and Healthy Ventures , as well as Travis May, founder and former CEO of Datavant, and Web Sun and Arif Nathoo, the co-founders of Komodo Health. – With this new funding, Cornerstone AI is well-positioned for continued growth and expansion.

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Morning Headlines 10/31/24

HIStalk

Global Payments sharpens core focus with $1.1 billion medical software.

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Innoventric Secures $28.5M to Expand Transcatheter Tricuspid Valve Treatment

HIT Consultant

What You Should Know: – Innoventric , a leader in transcatheter tricuspid regurgitation (TR) treatment, today announced a $28.5 million Series B funding round to advance its revolutionary cross-caval technology, bringing the total funds raised since inception to $41 million. – Innoventric has already successfully completed a first-in-human clinical trial in Europe, and performed many additional implantations — treating over 40 participants so far.

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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.