Fri.Jan 05, 2024

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New Walgreens CEO signals pharmacy giant will shift to new drug pricing models

Fierce Healthcare

In his first earnings call since taking over as CEO of Walgreens, Tim Wentworth signaled the drugstore retail giant is exploring new pharmacy models as cost-plus drug pricing gains momentum. | New Walgreens CEO Tim Wentworth signaled the drugstore retail giant is exploring new pharmacy models as cost-plus drug pricing gains momentum during the company's recent first-quarter earnings call.

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‘Healthy pullback’: GSR Ventures’ Sunny Kumar on normalizing digital health funding, accelerating M&A in 2024

Health Care Dive

In part one of a three-part Q&A series, Sunny Kumar discusses digital healthcare investment, the landscape for M&A and when the public markets could open back up.

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Elevance Health sues feds, challenging changes to MA star ratings methodology

Fierce Healthcare

Elevance Health and its regional subsidiaries have filed suit against the feds, challenging changes to the methodology for Medicare Advantage star ratings that it calls "unlawful." | Elevance Health and its regional subsidiaries have filed suit against the feds, challenging changes to the methodology for Medicare Advantage star ratings that it calls "unlawful.

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More hospitals, payers compliant with price transparency laws

Health Care Dive

More than 90% of hospitals posted files at least partially compliant with price transparency requirements in 2023, according to a new report from Turquoise Health.

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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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JPM24, Day 1: Here are the companies we're watching

Fierce Healthcare

It's officially a new year for the healthcare industry, as biopharma executives, investors, reporters and others make the annual trek to the Westin St. | All the latest healthcare and health tech news from the J.P. Morgan Healthcare Conference in San Francisco.

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Optimizing PPC for Multilocation Providers in Healthcare

Healthcare Success

Managing a PPC strategy for any sized business is complex and challenging. But organizations with dozens or hundreds of locations face even more hurdles: Multilocation providers must consider each location’s unique needs, competitive situation, and business objectives—compounding the complexity of managing an accurate and effective PPC (aka pay-per-click or paid search) strategy.

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CVS Health taps Cowhey as permanent CFO

Fierce Healthcare

CVS Health has named Tom Cowhey, its interim chief financial officer, to the role permanently. | CVS Health has named Tom Cowhey, its interim chief financial officer, to the role permanently.

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Home Health Agencies Grapple With ‘Acuity Creep’ As Patient Needs Become More Complex

Home Health Care

In recent years, due to factors like the pandemic and the reinvention of hospitals, home health agencies are having to take care of much more complicated patients. As the demand for home-based care continues to rise, so does the need for more intensive care plans as patients continue to be sicker and more complex. Home health agencies are feeling this “acuity creep,” and they’re adjusting.

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Chutes & Ladders–Clover Health CFO out, shake-up atop Oracle Health

Fierce Healthcare

Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry.

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Strong year for drug discovery

Healthcare ECONOMIST

2023 was a strong year for drug discovery. Mullard et al. (2024) report: The FDA’s Center for Drug Evaluation and Research (CDER) approved 55 new drugs in 2023, as the small molecule and biologic pharmacopoeia continues to grow. This cohort is nearly 50% bigger than the new approval class of 2022, which fell below the approval trend line. The 10-year rolling average for new CDER approvals now stands at 46 per year, the highest it has been in over 20 years.

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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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Nearly All Community-Based Providers Faced Moderate To Severe Staffing Shortages In 2023

Home Health Care

At the beginning of 2024, staffing woes remain acute for home- and community-based care providers. ANCOR, an advocacy organization for over 2,000 community-based providers, recently released “The State of America’s Direct Support Workforce Crisis 2023,” which detailed how home- and community-based providers are faring in the staffing department. The report surveyed nearly 600 providers, and particularly those who support those with intellectual and developmental disabilities.

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Postwar Ukraine: Planning for a Successful and Secure Recovery

The Rand Blog

To rebuild successfully, Ukraine will need to come out of the war on a new trajectory. It already has an outline of what recovery will look like. The plan looks beyond the immediate damages and envisions more than $750 billion in economic support and projects that would raise a new Ukraine from the destruction.

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How Diversification Is Keeping Best Of Care Ahead Of The Business Disruption

Home Health Care

This article is a part of your HHCN+ Membership Though the winds in Best of Care’s neck of the woods are blowing in a favorable direction, CEO Kevin Smith is always prepared for a change in weather. “You’re always one regulatory, or legislative or sweeping change away from having something dramatically impact your business model,” Smith said during Home Health Care News’ latest episode of HHCN+ TALKS.

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California Just Banned 'Crime-Free' Housing. Here's Why Other States Should Too

The Rand Blog

Crime-free housing policies target low-income and minority renters for eviction and violate their civil rights. That's bad enough. But they also fail to reduce crime. At worst, they're a harmful form of discrimination that leads to more crime and homelessness.

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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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Nabla’s AI Assistant Gets $24M Boost to Combat Clinician Burnout and Streamline Care

HIT Consultant

What You Should Know: – Nabla, a Boston, MA-based ambient AI assistant for healthcare professionals, announced today the initial close of a $24M Series B funding round led by Cathay Innovation , with participation from ZEBOX Ventures. – The latest round of funding brings Nabla’s total funding to over $43M and fuels its mission to revolutionize healthcare delivery by empowering clinicians and improving patient care.

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Call Centers and Answering Services—What Are the Differences?

Sequence Health

Staying on top of communications with patients is critical for success in the healthcare industry. Consistent and clear communication keeps patients informed about appointments, test results, and any changes in their health plan. It also reduces uncertainty, anxiety, and misunderstandings, ensuring a positive patient experience. Call centers and answering services are commonly employed by healthcare practitioners and organizations to streamline communication with patients.

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Mayo Clinic, Aiforia Partner on AI Model for Colorectal Cancer Recurrence

HIT Consultant

What You Should Know: – In a groundbreaking collaboration, Aiforia , an AI company specializing in pathology solutions, and Mayo Clinic have announced the exclusive licensing of a revolutionary AI model that improves the prediction of colorectal cancer recurrence. – The successful development and licensing of this AI model marks a significant milestone in the fight against colorectal cancer.

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Why AI Will Never Replace Therapists

Icanotes

Why AI Will Never Replace Therapists By October Boyles, MSN, BSN, RN | January 5, 2024 Artificial Intelligence (AI) is making remarkable strides in a number of fields, including healthcare to hospitality services. We as humans are a little threatened by all the things that AI can do and are naturally curious whether artificial intelligence will one day replace us in mental health professionals.

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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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Dental AI Revolutionizes Oral Health: VideaHealth Receives Landmark FDA Clearance

HIT Consultant

What You Should Know: – In a landmark moment for dentistry, VideaHealth , the leading dental AI platform, has secured FDA 510(k) clearance for Videa Dental Assist, a groundbreaking tool equipped with over 30 AI algorithms. – This clearance marks a watershed moment, granting VideaHealth the distinction of being the first dental AI company to offer insights for virtually every major dental disease, including pediatric conditions.

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11 New Breakthrough Medical Technology Examples

Etactics

The Advanced Medical Technology Association reports that the United States is the largest medical device market in the world, attributing to over 40% of the MedTech market. Medical technology, or MedTech, proves to change and improve rapidly year by year. The market consists of companies that develop and manufacture healthcare technologies. As well as distributing them.

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Goldman Sachs Bets Big on Life Sciences with $650M Fund

HIT Consultant

What You Should Know: – Goldman Sachs Asset Management has announced the closing of its first-ever life sciences fund, West Street Life Sciences I, surpassing its target with $650 million in commitments. – This marks a significant investment in the burgeoning life sciences sector, showcasing Goldman Sachs’ confidence in the field’s potential to revolutionize healthcare.

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Look Who Embodies Data Interoperability’s Link to Quality

NCQA

Recognition that KONZA National Network received at the December 2023 annual meeting of the Office of the National Coordinator for Health Information Technology (ONC) confirms good things are happening in the digitalization of quality measurement. CMS leaders highlighted that KONZA is a Qualified Health Information Network (QHIN TM ) under the Trusted Exchange Framework and Common Agreement (TEFCA SM ).

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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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FDA authorizes Florida to import drugs from Canada

Health Care Dive

The clearance is a major shift for the agency, which described its decision as a “first step” in allowing Florida to bulk purchase lower-cost Canadian medicines.

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Healthy.io Appoints Geoff Martin as CEO to Drive Commercial Expansion and Global Impact

HIT Consultant

Geoff Martin, CEO at Healthy.io What You Should Know: – Healthy.io , the pioneer of smartphone-powered at-home kidney testing, announced Geoff Martin, a seasoned healthcare executive, will take the reins as CEO, while founder Yonatan Adiri transitions to the role of President. – This move marks a pivotal moment for the company as it enters a new phase of growth, aiming to expand its reach and impact on global healthcare.